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Business Recession and its Influence on Consumer Buying Behaviour

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F12%3APU102329" target="_blank" >RIV/00216305:26510/12:PU102329 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Business Recession and its Influence on Consumer Buying Behaviour

  • Original language description

    The paper is an economic study, finding an answer to the question, how business recession may influence consumer buying behaviour. The main objective of the study is the area of retail foodstuff in the Czech Republic and the price elasticity of demand. The fact that the economic recession impacted consumers purchasing power has consequences in the retail foodstuff, as decreasing food consumption and the structural changes in household consumption. Czech consumers are highly cost-oriented, so the preference of cheaper and lower quality products is increasing. Sensitivity of the changes in the groceries purchasing quantity in dependence on their prices is reflected in demand price elasticity (further only DPE). Despite the fact that the food-processing industry is generally considered to be a cyclically neutral, which means that the stadium of business cycle does not affect the demand for products of the industry, it is possible to prove considerable differences in DPE of various commodi

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    AH - Economics

  • OECD FORD branch

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2012

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Innovation Vision 2020

  • ISBN

    978-0-9821489-8-3

  • ISSN

  • e-ISSN

  • Number of pages

    14

  • Pages from-to

    448-461

  • Publisher name

    IBIMA Publishing

  • Place of publication

    Barcelona

  • Event location

    Barcelona

  • Event date

    Nov 12, 2012

  • Type of event by nationality

    EUR - Evropská akce

  • UT code for WoS article