<abstract xmlns="http://www.w3.org/1999/xhtml"><p>The aim of the paper is to test the valability of Engel's law in the Romanian consumption dynamics after 1990. We used NIS ad EUROSTAT data to interpret the dynamics of the households' income and consumption expenditures and its structure by destinations. We explored the relationship between consumption and income through the regression analysis and found that the Engel's law applies in the Romanian economy, since 1990 to 2016, with specific evolutions and influences.</p></abstract>

The aim of the paper is to test the valability of Engel's law in the Romanian consumption dynamics after 1990. We used NIS ad EUROSTAT data to interpret the dynamics of the households' income and consumption expenditures and its structure by destinations. We explored the relationship between consumption and income through the regression analysis and found that the Engel's law applies in the Romanian economy, since 1990 to 2016, with specific evolutions and influences.

Testing the Engel's law in the consumption pattern of Romanian population

Faculty of Economics, Engineering and Informatics

Vasile Goldiș Western University of Arad

Studia Universitatis „Vasile Goldis” Arad – Economics Series

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"Testing the Engel's law in the consumption pattern of Romanian population"}

The aim of the paper is to test the valability of Engel's law in the Romanian consumption dynamics after 1990. We used NIS ad EUROSTAT data to interpret the...

Testing the Engel's law in the consumption pattern of Romanian population

Publié en ligne: 04 oct. 2017

Pages: 33 - 53

Reçu: 01 mai 2017

Accepté: 01 août 2017

DOI: https://doi.org/10.1515/sues-2017-0011

Mots clés
Engel's law, income, consumption, time-series model

© 2017 Mădălin-Ioan Neagu et al., published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Testing the Engel's law in the consumption pattern of Romanian population

Publié en ligne: 04 oct. 2017

Pages: 33 - 53

Reçu: 01 mai 2017

Accepté: 01 août 2017

DOI: https://doi.org/10.1515/sues-2017-0011

Mots clésEngel's law, income, consumption, time-series model

© 2017 Mădălin-Ioan Neagu et al., published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Mots clés
Engel's law, income, consumption, time-series model