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Testing the Engel's Law in the Consumption Pattern of Romanian Population

Studia Universitatis Economic Sciences

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Field Value
 
Title Testing the Engel's Law in the Consumption Pattern of Romanian Population
 
Creator Neagu, Mădălin Ioan
Teodoru, Mircea Constantin
 
Description The aim of the paper is to test the valability of Engel's law in the Romanian consumption dynamics after 1990. We used NIS ad EUROSTAT data to interpret the dynamics of the households' income and consumption expenditures and its structure by destinations. We explored the relationship between consumption and income through the regression analysis and found that the Engel's law applies in the Romanian economy, since 1990 to 2016, with specific evolutions and influences.
 
Publisher UVVG
 
Date 2017-09-25
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://publicatii.uvvg.ro/index.php/studiaeconomia/article/view/188
 
Source Studia Universitatis „Vasile Goldiş” Arad, Seria Ştiinţe Economice; Vol 27 No 3 (2017): Studia Universitatis „Vasile Goldiș” Arad - Economics Series; 33-53
2285-3065
1584-2339
 
Language eng
 
Relation http://publicatii.uvvg.ro/index.php/studiaeconomia/article/view/188/95
 
Rights Copyright (c) 2017 Studia Universitatis „Vasile Goldiş” Arad, Seria Ştiinţe Economice