The evolution of expenditure structures regarding agri-food products in relation to the average net monthly salary Cover Image

Evoluția structurii cheltuielilor cu privire la produsele agroalimentare în raport cu salariul mediu net lunar
The evolution of expenditure structures regarding agri-food products in relation to the average net monthly salary

Author(s): Alina-Florentina Gheorghe, Elena-Cornelia Munteanu, Mihaela Ivanov
Subject(s): Micro-Economics, Agriculture
Published by: EDITURA ASE
Keywords: expenses; consumption; salary; agri-food products;

Summary/Abstract: The proposed study explores the evolution of household expenditures in the agri-food sector in Romania, using data from the period 2001 to 2021 and the average monthly net salary as a reference. The analysis highlights a constant increase in the average salary, but also a series of fluctuations in the share of expenses allocated to agri-food products in the total consumption. Additionally, the research identifies a significant influence of the COVID-19 pandemic on consumption habits, leading to an increase in spending on these products. The obtained results are of major importance for decision-makers, providing them with insights into how economic fluctuations and major events, such as financial crises and pandemics, can impact consumer behavior regarding the purchase of agri-food products. Moreover, this information is relevant for a deeper understanding of household expenditure dynamics and can contribute to the adoption of more efficient economic policies tailored to current needs.

  • Issue Year: 2023
  • Issue No: 7
  • Page Range: 67-73
  • Page Count: 7
  • Language: Romanian