According to the data concerning consumption and income in 55 Years of Statistics Chronicle of New China,China Statistical Yearbook,by using econometric model,this paper expounds the reason of shortage of residents’ ...According to the data concerning consumption and income in 55 Years of Statistics Chronicle of New China,China Statistical Yearbook,by using econometric model,this paper expounds the reason of shortage of residents’ consumption demand in China and tests the difference of marginal propensity to consume of China's urban-rural residents.The results show that the urban residents’ marginal propensity to consume is greater than rural residents’ marginal propensity to consume in China,but the urban residents’ marginal propensity to consume tends to decline,while the rural residents’ marginal propensity to consume tends to rise.In terms of urban-rural income structure,consumption structure and consumption of consumer durables,this paper analyzes the reason of the change of urban-rural residents’ marginal propensity to consume,and it can be described from following 3 aspects:first,urban residents’ income is mainly wage and salary,while urban residents’ income is mainly operating net income.The urban residents are conservative towards the expected income,while rural residents are relatively optimistic towards the expected income;second,in comparison with rural residents’ consumption structure,the urban residents’ consumption structure has big proportion of unessential expenditure,so the income elasticity of consumption is big;third,the urban residents’ traditional consumer durables approach saturation,while the rural residents’ traditional consumer durables are still at the period of increase,and the urban residents’ purchase of emerging consumer durables is inhibited,with great fluctuation.Based on research results and actual situation,this paper puts forward that the key of spurring increase of China's consumption demand is to expand consumption demand of rural residents.展开更多
There is a large body of literature in economics examining the US meat market, but few studies have focused on the US goat meat market. This study, as a catch-up effort, provides an estimate of the demand for goat mea...There is a large body of literature in economics examining the US meat market, but few studies have focused on the US goat meat market. This study, as a catch-up effort, provides an estimate of the demand for goat meat and assesses the impact of driving factors in the US goat meat market. The data for this study were collected in 11 southern states and specifically elicit the demand and consumer preferences in this non-conventional market. Four econometric models are fitted to examine the multiple layers of the demand, including the current, the potential, the latent, and the seasonal demand. Findings indicate a substantial demand for goat meat with great growth potential, driven by demographic factors and food safety concerns. Ethnic groups and the aged comprise the current niches for goat meat, and the preferences for healthy and safe meat will define the market in the future.展开更多
Demand side management (DSM) has been discussed and investigated widely as a strategy to also influence residential energy consumption. Flexible energy tariffs are often proposed as a possible tool of DSM. However, re...Demand side management (DSM) has been discussed and investigated widely as a strategy to also influence residential energy consumption. Flexible energy tariffs are often proposed as a possible tool of DSM. However, real-life experience with this tool is rare. It was therefore the objective of this study to investigate under more realistic conditions how consumers are able and willing to adjust their residential energy consumption under the conditions of flexible energy tariffs with and without the support of intelligent smart appliances. Sixty-seven households in Germany within an experimental design with fictive tariff model (August 11 to July 12) driven by RWE Effizienz GmbH, as the energy utility, and Miele & Cie.KG, as the appliance manufacturer, were equipped with intelligent smart meters and 41 of them also with smart appliances (washing-machine and tumble-dryer). As a first part of the experiment, the energy tariff changed per hour and day by day, depending on the forecast of the availability of renewable energy in Germany between 10 €-Cent and 40 €-Cent per kWh. Consumers could respond to this change by adjusting the operation of their energyconsuming appliances either by themselves or—with the smart appliances—by a programmed start at low tariffs. The behaviour of the 41 consumers with smart appliances and their motivation are intensively investigated and analysed during this running two year project including several questionnaires. The consumers had to fill out daily a diary about the usage of their washing-machine, tumble-dryer, dishwasher and ironing devices. These data were matched with the actual tariff. This did allow identifying if and to which extend the consumers adjust their household activities depending on availability of solar and wind energy. These data were also used to calculate the cost savings by using the flexible tariff. In comparison to the costs of the fixed tariff of 25 €-Cent per kWh savings of 25% were realised on average. The results of a first phase already show that flexible tariffs are able to influence the operation of household appliances towards a flexible demand.展开更多
Globalization and liberalization offer competitive openings for several world brands to the Indian markets. Bestowed with growing disposable incomes, Kerala consumers exhibit wide diversity in their buying habits. App...Globalization and liberalization offer competitive openings for several world brands to the Indian markets. Bestowed with growing disposable incomes, Kerala consumers exhibit wide diversity in their buying habits. Apparently, the emerging fascination for imported brands impels distributers to leave enough space to shelf more "made in China" brands in their showrooms. The substantial increase in consumers' demand for imported goods with considerable attraction for "made in China" products inspired this study to explore the demand state for various types of Chinese products in the Indian regional markets. Divided into two stages, at first, with a primary survey, the study explores the consumers' perception towards selected five vastly available consumer durables such as electrical appliances, handicrafts, stationeries, toys and builds wares. Later, the demand matrix developed from the primary data defines the types of demand prevailing for each category of"made in China" products based on their popularity and consumption in Kerala markets.展开更多
The purpose of this study was to review the results of a 20-year study in the author’s interpretation of the needs for food products and the value system that determines the market behavior of consumers in the food m...The purpose of this study was to review the results of a 20-year study in the author’s interpretation of the needs for food products and the value system that determines the market behavior of consumers in the food markets.The scientific novelty of the research is the following results:a)The author’s interpretation of the needs for food products,as consisting of three components:(1)The actual need for food(physiological need);(2)the need for emotions obtained from eating(psychological need);and(3)the need for market products that can meet the physiological needs of emotional expectations and social needs(socio-psychological and economic need);b)Interdisciplinary approach to the study of consumer behavior that led to the author’s interpretation of the value of the research methods outlined in the works of J.N.Sheth et al.,extended and supplemented in the study of Galina V.Astratova(1998);c)Identification of the fact that the importance of components in the system of values,according to the results of research,is different for different food products.This allows simulating more clearly the behavior of the consumer in the development of a marketing-mix and developing a marketing strategy based on targeting.展开更多
This paper gives a brief review on types of subsidies and how they work in theory.The paper identified three types of subsidies:subsidies that increase revenue,subsidies that lower the cost of production,and subsidies...This paper gives a brief review on types of subsidies and how they work in theory.The paper identified three types of subsidies:subsidies that increase revenue,subsidies that lower the cost of production,and subsidies that are not linked to production or input.With the use of graphic examples to describe the partial effects of subsidies on supply and demand,the following findings were obtained:one,for producers to sell more,they will need to produce more,and in order to produce more,a higher input level is required,which depends on the marginal productivity of the inputs;two,the larger the elasticity for supply and demand of input(the more responsive supply and demand are to changes in the price of the input),the larger quantity of input used for a given level of support,and thereby increasing the associated environmental damage from the use of that particular input;three,for a given demand curve,a shallow supply curve(reflecting a large price elasticity of supply)will yield larger volume effects in response to a certain change in price compared to a steep supply curve and vise a verse.Finally,the study found input subsidy as an example of subsidies that lower the cost of production,and direct income support or unconditional lump sum support to an industry as an example of subsidies that are not linked to production or input.展开更多
文摘According to the data concerning consumption and income in 55 Years of Statistics Chronicle of New China,China Statistical Yearbook,by using econometric model,this paper expounds the reason of shortage of residents’ consumption demand in China and tests the difference of marginal propensity to consume of China's urban-rural residents.The results show that the urban residents’ marginal propensity to consume is greater than rural residents’ marginal propensity to consume in China,but the urban residents’ marginal propensity to consume tends to decline,while the rural residents’ marginal propensity to consume tends to rise.In terms of urban-rural income structure,consumption structure and consumption of consumer durables,this paper analyzes the reason of the change of urban-rural residents’ marginal propensity to consume,and it can be described from following 3 aspects:first,urban residents’ income is mainly wage and salary,while urban residents’ income is mainly operating net income.The urban residents are conservative towards the expected income,while rural residents are relatively optimistic towards the expected income;second,in comparison with rural residents’ consumption structure,the urban residents’ consumption structure has big proportion of unessential expenditure,so the income elasticity of consumption is big;third,the urban residents’ traditional consumer durables approach saturation,while the rural residents’ traditional consumer durables are still at the period of increase,and the urban residents’ purchase of emerging consumer durables is inhibited,with great fluctuation.Based on research results and actual situation,this paper puts forward that the key of spurring increase of China's consumption demand is to expand consumption demand of rural residents.
文摘There is a large body of literature in economics examining the US meat market, but few studies have focused on the US goat meat market. This study, as a catch-up effort, provides an estimate of the demand for goat meat and assesses the impact of driving factors in the US goat meat market. The data for this study were collected in 11 southern states and specifically elicit the demand and consumer preferences in this non-conventional market. Four econometric models are fitted to examine the multiple layers of the demand, including the current, the potential, the latent, and the seasonal demand. Findings indicate a substantial demand for goat meat with great growth potential, driven by demographic factors and food safety concerns. Ethnic groups and the aged comprise the current niches for goat meat, and the preferences for healthy and safe meat will define the market in the future.
文摘Demand side management (DSM) has been discussed and investigated widely as a strategy to also influence residential energy consumption. Flexible energy tariffs are often proposed as a possible tool of DSM. However, real-life experience with this tool is rare. It was therefore the objective of this study to investigate under more realistic conditions how consumers are able and willing to adjust their residential energy consumption under the conditions of flexible energy tariffs with and without the support of intelligent smart appliances. Sixty-seven households in Germany within an experimental design with fictive tariff model (August 11 to July 12) driven by RWE Effizienz GmbH, as the energy utility, and Miele & Cie.KG, as the appliance manufacturer, were equipped with intelligent smart meters and 41 of them also with smart appliances (washing-machine and tumble-dryer). As a first part of the experiment, the energy tariff changed per hour and day by day, depending on the forecast of the availability of renewable energy in Germany between 10 €-Cent and 40 €-Cent per kWh. Consumers could respond to this change by adjusting the operation of their energyconsuming appliances either by themselves or—with the smart appliances—by a programmed start at low tariffs. The behaviour of the 41 consumers with smart appliances and their motivation are intensively investigated and analysed during this running two year project including several questionnaires. The consumers had to fill out daily a diary about the usage of their washing-machine, tumble-dryer, dishwasher and ironing devices. These data were matched with the actual tariff. This did allow identifying if and to which extend the consumers adjust their household activities depending on availability of solar and wind energy. These data were also used to calculate the cost savings by using the flexible tariff. In comparison to the costs of the fixed tariff of 25 €-Cent per kWh savings of 25% were realised on average. The results of a first phase already show that flexible tariffs are able to influence the operation of household appliances towards a flexible demand.
文摘Globalization and liberalization offer competitive openings for several world brands to the Indian markets. Bestowed with growing disposable incomes, Kerala consumers exhibit wide diversity in their buying habits. Apparently, the emerging fascination for imported brands impels distributers to leave enough space to shelf more "made in China" brands in their showrooms. The substantial increase in consumers' demand for imported goods with considerable attraction for "made in China" products inspired this study to explore the demand state for various types of Chinese products in the Indian regional markets. Divided into two stages, at first, with a primary survey, the study explores the consumers' perception towards selected five vastly available consumer durables such as electrical appliances, handicrafts, stationeries, toys and builds wares. Later, the demand matrix developed from the primary data defines the types of demand prevailing for each category of"made in China" products based on their popularity and consumption in Kerala markets.
文摘The purpose of this study was to review the results of a 20-year study in the author’s interpretation of the needs for food products and the value system that determines the market behavior of consumers in the food markets.The scientific novelty of the research is the following results:a)The author’s interpretation of the needs for food products,as consisting of three components:(1)The actual need for food(physiological need);(2)the need for emotions obtained from eating(psychological need);and(3)the need for market products that can meet the physiological needs of emotional expectations and social needs(socio-psychological and economic need);b)Interdisciplinary approach to the study of consumer behavior that led to the author’s interpretation of the value of the research methods outlined in the works of J.N.Sheth et al.,extended and supplemented in the study of Galina V.Astratova(1998);c)Identification of the fact that the importance of components in the system of values,according to the results of research,is different for different food products.This allows simulating more clearly the behavior of the consumer in the development of a marketing-mix and developing a marketing strategy based on targeting.
文摘This paper gives a brief review on types of subsidies and how they work in theory.The paper identified three types of subsidies:subsidies that increase revenue,subsidies that lower the cost of production,and subsidies that are not linked to production or input.With the use of graphic examples to describe the partial effects of subsidies on supply and demand,the following findings were obtained:one,for producers to sell more,they will need to produce more,and in order to produce more,a higher input level is required,which depends on the marginal productivity of the inputs;two,the larger the elasticity for supply and demand of input(the more responsive supply and demand are to changes in the price of the input),the larger quantity of input used for a given level of support,and thereby increasing the associated environmental damage from the use of that particular input;three,for a given demand curve,a shallow supply curve(reflecting a large price elasticity of supply)will yield larger volume effects in response to a certain change in price compared to a steep supply curve and vise a verse.Finally,the study found input subsidy as an example of subsidies that lower the cost of production,and direct income support or unconditional lump sum support to an industry as an example of subsidies that are not linked to production or input.