How COVID-19 changed Italian consumers' behavior.

COVID-19 Consumer behavior Consumer spending Health-related decisions Socioeconomic variables

Journal

Global finance journal
ISSN: 1873-5665
Titre abrégé: Glob Financ J
Pays: United States
ID NLM: 9918697480906676

Informations de publication

Date de publication:
Feb 2022
Historique:
received: 22 11 2020
revised: 14 10 2021
accepted: 31 10 2021
medline: 1 2 2022
pubmed: 1 2 2022
entrez: 15 4 2024
Statut: ppublish

Résumé

We investigate how the COVID-19 pandemic affected people's health-related choices and spending habits in Italy, the first European country to be heavily affected by the pandemic. We collected about 3000 questionnaires in May and June 2020 (that is, during the stabilization phase that followed the country's lockdown), asking questions taken from the "Survey tool and guidance: rapid, simple, flexible behavioural insights on COVID-19" issued by the World Health Organization (WHO), and correlated the responses with respondents' demographic and socioeconomic profiles. A principal component analysis (PCA) shows three main components that we label "Unusual behavior," "Precautionary spending," and "Augmented social distancing," which vary with demographic and socioeconomic characteristics.

Identifiants

pubmed: 38620847
doi: 10.1016/j.gfj.2021.100680
pii: S1044-0283(21)00078-8
pmc: PMC8570799
doi:

Types de publication

Journal Article

Langues

eng

Pagination

100680

Informations de copyright

© 2021 Elsevier Inc. All rights reserved.

Déclaration de conflit d'intérêts

None.

Auteurs

Enrico Maria Cervellati (EM)

Research Department, University of Rome, Link Campus, Via del Casale di San Pio V, 44, 00165 Rome, Italy.

Gian Paolo Stella (GP)

Department of Law, LUMSA University, Via Filippo Parlatore, 65, 90105 Palermo, Italy.

Umberto Filotto (U)

Department of Management and Law, University of Rome, Tor Vergata Via Columbia, 2, 00133 Rome, Italy.

Andrea Maino (A)

Swiss Finance Institute, University of Geneva, Bd du Pont d'Arve, 42, 1211 Geneva 4, Switzerland.

Classifications MeSH