Economics
  • ISSN: 2155-7950
  • Journal of Business and Economics

Consumption of Foodstuff as a Better Indicator of the Responsible

Sustainability: Case Study about Slovakia

 
 
Renata Benda Prokeinova
(Slovak University of Agriculture, 94976 Nitra, Slovakia)
 
 
Abstract: The debate on sustainable consumption has highlighted a variety of tensions between the pursuit of wellbeing and the need to remain within ecological limits. The aim of the paper is to analyze a situation in Slovakia and make the highlights of the aspect’s consumer decisions. We would like to initiate that the sustainability of the country is much easier to quantify by using the data about consumption than counting footprints or other indicators focusing on different aspects of sustainability. The Consumption of the households is a better indicator for identifying sustainability and environmental performance. From the viewpoint of the economic situation in Slovakia it could be very simply said that the population tends to sustainable consumption if expenses on the goods and services have kept growing. The Analysis shows that the increase in prices for food and other items of daily life affect the population with a lower income level. They buy less food products and from the economic viewpoint of the sustainability it seems like a positive effect, or not? The aim of the paper is to analyze consumption of the foodstuff in Slovakia and make the highlights of the aspect’s consumer decisions (Behavioural economics).
 
 
Key words: consumption; expenditure; sustainability
 
JEL codes: A11, E21, Q10, D11




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