Convergence of household expenditures of the EU-member and acceding countries in the years 1995-2002
The convergence in household consumption expenditure contributes to the aims defined in the Treaty of the European Union. Consumption expenditure convergence also restricts the impacts of asymmetric shocks under the bounded inner market mobility of goods, services and sources. The paper concentrates...
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| Format: | Article |
| Language: | English |
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Czech Academy of Agricultural Sciences
2004-07-01
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| Series: | Agricultural Economics (AGRICECON) |
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| Online Access: | https://agricecon.agriculturejournals.cz/artkey/age-200407-0003_convergence-of-household-expenditures-of-the-eu-member-and-acceding-countries-in-the-years-1995-2002.php |
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| author | M. Ševela |
| author_facet | M. Ševela |
| author_sort | M. Ševela |
| collection | DOAJ |
| description | The convergence in household consumption expenditure contributes to the aims defined in the Treaty of the European Union. Consumption expenditure convergence also restricts the impacts of asymmetric shocks under the bounded inner market mobility of goods, services and sources. The paper concentrates on convergence level and dynamics of consumption expenditures between the EU member and acceding countries in years 1995-2002. There are significant differences in absolute values of convergence expenditures, in prices levels of consumption goods and consumption structures among the groups of countries in year 1995. During the eight years the gap became smaller measured by the structure and absolute level of expenditures recalculated on purchasing power parity. Panel data analysis of food share in consumption disclosed the influence of total consumption expenditures while the impact of relative price of commodity is ambiguous. |
| first_indexed | 2024-04-10T08:41:49Z |
| format | Article |
| id | doaj.art-b1975207b96c41c0af437703ab30fe6d |
| institution | Directory Open Access Journal |
| issn | 0139-570X 1805-9295 |
| language | English |
| last_indexed | 2024-04-10T08:41:49Z |
| publishDate | 2004-07-01 |
| publisher | Czech Academy of Agricultural Sciences |
| record_format | Article |
| series | Agricultural Economics (AGRICECON) |
| spelling | doaj.art-b1975207b96c41c0af437703ab30fe6d2023-02-23T03:22:32ZengCzech Academy of Agricultural SciencesAgricultural Economics (AGRICECON)0139-570X1805-92952004-07-0150730130810.17221/5206-AGRICECONage-200407-0003Convergence of household expenditures of the EU-member and acceding countries in the years 1995-2002M. Ševela0Mendel University of Agriculture and Forestry, Brno, Czech RepublicThe convergence in household consumption expenditure contributes to the aims defined in the Treaty of the European Union. Consumption expenditure convergence also restricts the impacts of asymmetric shocks under the bounded inner market mobility of goods, services and sources. The paper concentrates on convergence level and dynamics of consumption expenditures between the EU member and acceding countries in years 1995-2002. There are significant differences in absolute values of convergence expenditures, in prices levels of consumption goods and consumption structures among the groups of countries in year 1995. During the eight years the gap became smaller measured by the structure and absolute level of expenditures recalculated on purchasing power parity. Panel data analysis of food share in consumption disclosed the influence of total consumption expenditures while the impact of relative price of commodity is ambiguous.https://agricecon.agriculturejournals.cz/artkey/age-200407-0003_convergence-of-household-expenditures-of-the-eu-member-and-acceding-countries-in-the-years-1995-2002.phpconsumption expendituresconvergence processeu-enlargementpanel data analysis |
| spellingShingle | M. Ševela Convergence of household expenditures of the EU-member and acceding countries in the years 1995-2002 Agricultural Economics (AGRICECON) consumption expenditures convergence process eu-enlargement panel data analysis |
| title | Convergence of household expenditures of the EU-member and acceding countries in the years 1995-2002 |
| title_full | Convergence of household expenditures of the EU-member and acceding countries in the years 1995-2002 |
| title_fullStr | Convergence of household expenditures of the EU-member and acceding countries in the years 1995-2002 |
| title_full_unstemmed | Convergence of household expenditures of the EU-member and acceding countries in the years 1995-2002 |
| title_short | Convergence of household expenditures of the EU-member and acceding countries in the years 1995-2002 |
| title_sort | convergence of household expenditures of the eu member and acceding countries in the years 1995 2002 |
| topic | consumption expenditures convergence process eu-enlargement panel data analysis |
| url | https://agricecon.agriculturejournals.cz/artkey/age-200407-0003_convergence-of-household-expenditures-of-the-eu-member-and-acceding-countries-in-the-years-1995-2002.php |
| work_keys_str_mv | AT msevela convergenceofhouseholdexpendituresoftheeumemberandaccedingcountriesintheyears19952002 |