Impact of Modernization on Consumption in Russia
Dopad modernizace na spotřebu v Rusku
bakalářská práce (OBHÁJENO)
Zobrazit/ otevřít
Trvalý odkaz
http://hdl.handle.net/20.500.11956/147789Identifikátory
SIS: 202731
Kolekce
- Kvalifikační práce [17632]
Autor
Vedoucí práce
Oponent práce
Pertold-Gebicka, Barbara
Fakulta / součást
Fakulta sociálních věd
Obor
Ekonomie a finance
Katedra / ústav / klinika
Institut ekonomických studií
Datum obhajoby
7. 9. 2021
Nakladatel
Univerzita Karlova, Fakulta sociálních vědJazyk
Angličtina
Známka
Velmi dobře
Klíčová slova (anglicky)
Consumption, Household expenditure, Consumer spending, Modernization, Empirical studies, Regional economic growth, Convergence, Post-materialism, Russia, Democratization, Consumption patternsThis study examines the various effects of socioeconomic indicators related to modernization on four different shares of consumption expenditures in Russia at the household level over 2004-2018 using fixed-effects, random-effects, and GMM panel data estimators. The results present that socioeconomic indicators have an impact on the level of household expenditures, although this effect is not very strong for some variables. It was found that urbanization has a positive impact on the household expenditures on restaurants, and education is positively linked with expenses on recreation and culture. Unanticipated outcomes are associated with the effect of income on expenditures on education and consumption of food. Additionally, more significant effects have been discovered that influence the shares of household expenditures. The evidence obtained from this research contributes to the existing literature on modernization and socioeconomic indicators that influence final household consumption.