Topic
Purchasing power
About: Purchasing power is a research topic. Over the lifetime, 2714 publications have been published within this topic receiving 36866 citations. The topic is also known as: adjusted for inflation.
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TL;DR: In this article, the drivers behind small-scale retailers' collective success, even after a decade of sustained growth of the “modern” retail sector in Latin America, were examined along with selected ratios from the strategic resource model.
Abstract: Purpose – To understand the drivers behind small‐scale retailers' collective success, even after a decade of sustained growth of the “modern” retail sector in Latin America.Design/methodology/approach – The study described in this paper was sponsored by the Coca‐Cola Retailing Research Council – Latin America. Consumer research for this study was based both on primary and secondary sources. To understand the drivers behind small‐scale retailers' collective success, standard frameworks were adapted for evaluating their value proposition and business model. Customer‐facing value drivers were examined along with selected ratios from the strategic resource model.Findings – In spite of being “poor,” emerging consumers have a substantial purchasing power as a group. They work with a very specific set of products, categories and store format needs that distinguish them from other consumers. These distinct needs imply that it is not “just a matter of money and time” for them to change their purchasing patterns ov...
93 citations
TL;DR: Results indicate that staple food purchasing power in urban Zambia and Kenya improved markedly in the 10-12Â years prior to the food price crisis, while in urban Kenya, staple food Purchasing Power as of 2008/2009 was comparable to levels in 2000/2001-2004/2005 according to some indicators.
92 citations
TL;DR: In this paper, the authors examined the purchasing power at the bottom of the pyramid (BOP), i.e. of low-income consumers, and found that more than 50 percent of the BOP segment's purchasing power resides in the lowest income tier.
Abstract: Purpose – The purpose of this article is to examine the purchasing power at the bottom of the pyramid (BOP), i.e. of low‐income consumers.Design/methodology/approach – The authors analyze secondary data on income, population, and expenditure at the BOP from different countries, and apply the buying power index (BPI) methodology to assess the purchasing power of low‐income consumers.Findings – In developing countries, more than 50 percent of the purchasing power resides in the BOP segment. Asia is the region with the greatest purchasing power, relative to Africa, Eastern Europe, and Latin America and Caribbean. On average, the greatest BPI is in the lowest income tier, and consumption concentrates mainly in food, housing, and household goods.Practical implications – The article provides useful information to companies interested in reaching low‐income consumers about the relative purchasing power at the BOP across geographic regions, income tiers, and product categories (or industries).Originality/value – ...
92 citations
TL;DR: In this paper, the authors compare the costs of using modern fuels and purchasing power of the urban poor in Ethiopia and find that, while kerosene is relatively cheap even for the very poor, electricity is extremely expensive even for relatively well-do.
91 citations
TL;DR: In this paper, the authors developed a new method of measuring the distributional impact of price changes by computing distributional characteristics of commodities from household budget survey data and applied it to Hungary and the United Kingdom.
Abstract: In Soviet-type economies, commodity prices were distorted as part of the redistributive system of the state, but with the transition, prices have been liberalized and taxes made more uniform. Has this change adversely affected the distribution of purchasing power? This paper develops a new method of measuring the distributional impact of price changes by computing the distributional characteristics of commodities from household budget survey data and applies it to Hungary and the United Kingdom, finding that the distributional impacts over the past decade were negligible and not significantly different from zero in both cases. Copyright 1995 by Royal Economic Society.
90 citations