Original title: Dopad modernizace na spotřebu v Rusku
Translated title: Impact of Modernization on Consumption in Russia
Authors: Kalinichev, Klim ; Cahlík, Tomáš (advisor) ; Pertold-Gebicka, Barbara (referee)
Document type: Bachelor's theses
Year: 2021
Language: eng
Abstract: This 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.
Keywords: Consumer spending; Consumption; Consumption patterns; Convergence; Democratization; Empirical studies; Household expenditure; Modernization; Post-materialism; Regional economic growth; Russia

Institution: Charles University Faculties (theses) (web)
Document availability information: Available in the Charles University Digital Repository.
Original record: http://hdl.handle.net/20.500.11956/147789

Permalink: http://www.nusl.cz/ntk/nusl-452055


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Universities and colleges > Public universities > Charles University > Charles University Faculties (theses)
Academic theses (ETDs) > Bachelor's theses