Topic
Consumption (economics)
About: Consumption (economics) is a research topic. Over the lifetime, 52696 publications have been published within this topic receiving 1192960 citations.
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TL;DR: The authors assesses the heterogeneous effects of population aging on personal budget allocation across sectors using China's household survey data, and find consistent and robust age profiles of the composition of personal consumption expenditures.
24 citations
TL;DR: In this article, the authors study how increasing variable renewable supply affects individual consumption cost changes from implementing real-time retail pricing among residential consumers, using consumption data from Germany and simulating long-run electricity market equilibria.
24 citations
TL;DR: In this paper, the consumption motivations of those consumers who choose to buy bottled water, while at the same time exploring the perceptions they hold about the potential environmental consequences of their actions.
Abstract: This exploratory study examines the consumption motivations of those consumers who choose to buy bottled water, while at the same time exploring the perceptions they hold about the potential environmental consequences of their actions. Based upon a sample of sixteen participants aged from 19 to 56, our findings revealed five main themes as to why people purchase bottled water, including: (1) Health, comprising the two subthemes of personal health and cleanliness, (2) the bottle, (3) convenience, (4) taste, and (5) self-image. Our findings also highlighted the perceptions held about the environmental consequences of bottled water consumption and the considerable challenges marketers have to address if they are to persuade consumers to consider alternatives to this consumption practice.
24 citations
01 Jan 2020
24 citations
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TL;DR: In this article, the authors exploit the unique design of an aid program's experimental trial to identify its indirect effect on consumption for non-eligible households living in treated areas, and find that this effect is positive, and that it occurs through changes in the insurance and credit markets.
Abstract: Aid programs in developing countries are likely to affect all households living in the treated areas, both eligible and non-eligible ones. Studies that focus on the treatment effect on the treated may fail to capture important spillover effects. We exploit the unique design of an aid program's experimental trial to identify its indirect effect on consumption for non-eligible households living in treated areas. We find that this effect is positive, and that it occurs through changes in the insurance and credit markets: non-eligible households receive more transfers, and borrow more when hit by a negative idiosyncratic shock, because of the program liquidity injection, thus they can reduce their precautionary savings. We also test for general equilibrium effects in the local labor and goods markets, finding no significant changes in labor income and prices, while there is a reduction in earnings from sales of agricultural products, which are now consumed. We show that this class of aid programs has important positive externalities, thus their overall effect is larger than the effect on the treated. Our results confirm that a key identifying assumption – that the treatment has no effect on the non-treated – is likely to be violated in similar policy designs.
24 citations