期刊名称:Ovidius University Annals: Economic Sciences Series
电子版ISSN:2393-3127
出版年度:2015
卷号:15
期号:1
语种:English
出版社:Ovidius University Press
摘要:The magnitude and the obvious negative effects of the economic crisis have reshaped mentalities and announced the advent of a new type of consumer - more conscious, more rational, more inclined to save, and to postpone high value and indulgence purchases. While the influence of present economic factors on consumption is obvious and undeniable it seems rather natural to assume that present consumption depends not only on present economic factors but also on past factors. The paper was aimed therefore at testing whether previous income, previous wealth and previous consumption levels have a persistent influence thus affecting present consumption expenditure in the case of Romania. The results revealed that present consumption is influenced first and foremost by present income, and secondarily by present wealth; also significant were found both the influences of previous income and previous wealth on present consumption.