%0 Journal Article
%T SOME CONSUMPTION BOUNDARIES IN THE STANDARD FRAMEWORK DURING TRANSITION
%A Livia CHISAGIU
%J Revista Romana de Economie
%D 2012
%I Romanian Academy
%X Comparative to standard consumption based on the theory of permanent income within a functional, mature market economy, we have identified for the population¡¯s households consumption in Romania duringtransition some boundaries in this respect: - Firstly, the existence of a completely imbalanced structure of expenditures having as dominant the food consumption; - Consequently, an exaggerated ratio between two large expenditure segments which we have designated as compulsory expenditure/optional expenditure, to the detriment of the second segment; - Finally, probably the most important feature was the high contribution onsub-periods (of incomes and monetary expenditures decreases) of selfconsumption in satisfying the consumption needs which triggered for a good part of them the satisfaction outside market transactions, selfconsumption building itself into a substitute of negative saving.
%K self-consumption
%K positive saving
%K negative saving
%K compulsory expenditure/optional expenditure
%U http://www.revecon.ro/articles/2012-1/2012-1-8.pdf