Acta Universitatis Danubius. Œconomica, Vol 8, No 6 (2012)

An analysis on the consumer demand dependence relative to the disposable income for Romania during 2001-2011

Catalin Angelo Ioan, Gina Ioan

Abstract


In this paper, we have investigated the dependence of consumer demand for the disposable income of statistical terms. After the regression analysis, we obtained that, in the case of Romania, there is a huge marginal propensity to consume – 74.11% relative to the disposable income. Also, an influence of previous consumption of 66.58% in the present leads to the conclusion of a relatively constant purchasing habits of the population. The difference between 49.34% - the influence of previous income and 74.11% - the influence of current income suggests an appetite for risky consumption in the economy, rather inconsistent, as that of Romania.


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