Naslov
An Overview of Household Consumption and Effects of Crisis on Retail Trade in Croatia

Autori
Knežević, Blaženka

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
ABSRC Advances in Business-Related Scientific Research Conference - Conference Proceedings / Fošner, Ajda - Ljubljana : Gea College - Faculty of Entrepreneurship, 2015, 1-13

ISBN
978-961-63-47-57-0

Skup
ABSRC 2015 Rome: Advances in Business-Related Scientific Research Conference

Mjesto i datum
Rim, Italija, 14.10.2015. - 16.10.2015

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
consumption; crisis; poverty indicator; retail; Croatia

Sažetak
Indicators of private or household consumption are the basic indicators of the conditions in the national economy and the basic indicators of economic deprivation. This paper will discuss the data on household consumption available in the official statistics in Croatia. Also, it will discuss the data on the structure of personal consumption from which undoubtedly is obvious that in times of crisis majority of population is oriented to satisfaction of basic needs. On the other hand, retail is an industry that responds to the economic crisis faster than other industries because it is directly linked to personal consumption. Thus, due to the reduced consumption in households, indicators of business activity in the retail trade shows a negative effect not only through the reduction of generated income, but also through changed way of behavior of the majority of consumers, which consequently leads to changes in the retail structure. Specifically, it is clearly visible that the sales formats with the lowest margins occupy an increasing share of the market. Therefore, in this paper change in the retail trade is analyzed as well.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA