Consumption expenditures in italy in the past twenty years

Journal title ECONOMIA E SOCIETÀ REGIONALE
Author/s Vincenzo Napoleone, Andrea Cutillo
Publishing Year 2023 Issue 2023/1
Language Italian Pages 16 P. 23-38 File size 339 KB
DOI 10.3280/ES2023-001003
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Since the early years of the new century, Italy has been characterized by a series of eco- nomic events and demographic shifts that have profoundly changed the purchasing power of households as well as their spending behaviour. These events have led to a decline in average household expenditures in real terms of about 20 percentage points between 2000 and 2019, followed by a further substantial decline in 2020-2021, as well as a re- composition of the budget in different categories of goods and services. However, con- sumption behaviour in the 2020-2021 biennium was fundamentally driven by the Covid emergency and the restrictions put in place to face it, and it is still early to understand whether and to what extent the changes in the biennium will become structural. Within this general decline in household consumption spending, the significant territorial differences that characterize our Country persist, which can be traced back to different income and asset conditions, different lifestyles and cultures, different price levels etc., but which seem to be slightly diminishing in the more recent years.

Keywords: consumer expenditures, territorial gaps, economic well-being

Jel codes: E21

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Vincenzo Napoleone, Andrea Cutillo, Le spese per consumo in Italia negli ultimi venti anni in "ECONOMIA E SOCIETÀ REGIONALE " 1/2023, pp 23-38, DOI: 10.3280/ES2023-001003