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The income and price dependency of the Hungarian sport goods consumption

Periodica Polytechnica Social and Management Sciences

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Title The income and price dependency of the Hungarian sport goods consumption
 
Creator Paár, Dávid
 
Subject sport goods consumption; net income; income elasticity; price elasticity
 
Description The aim of the paper is to study the relationship of individuals´ sport goods consumption to personal income and relative sport price in Hungary in the period 1992-2006. It is shown, that the trend of the real sport goods consumption in conjunction with real income decreased till 2000 and it has been increasing since then. Income and price elasticity figures for both periods show, that sport goods consumption is price elastic, and sport goods are luxury goods for Hungarian households. Thus, without increased income - i.e. the average standard of living - a more sport conscious Hungarian population can hardly be imagined even if sport goods remained relatively cheap.
 
Publisher Budapest University of Technology and Economics
 
Date 2011-01-01
 
Type info:eu-repo/semantics/article
Peer-reviewed Article
info:eu-repo/semantics/publishedVersion
 
Format application/pdf
 
Identifier http://www.periodicapolytechnica.org/so/article/view/1576
10.3311/pp.so.2011-1.02
 
Source Periodica Polytechnica Social and Management Sciences; Vol. 19, No. 1 (2011); 11-17
 
Language eng
 
Relation http://www.periodicapolytechnica.org/so/article/view/1576/894
 
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