AN ANALYSIS OF STOCKPILING BEHAVIOR AT THE ONSET OF THE COVID-19 PANDEMIC

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Anadolu Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi
Volume:24 Issue:3
AN ANALYSIS OF STOCKPILING BEHAVIOR AT THE ONSET OF THE COVID-19 PANDEMIC

AN ANALYSIS OF STOCKPILING BEHAVIOR AT THE ONSET OF THE COVID-19 PANDEMIC

Authors : Ali Umut GÜLER

Pages : 342-358

Doi:10.53443/anadoluibfd.1271113

View : 54 | Download : 38

Publication Date : 2023-09-25

Article Type : Research Paper

Abstract :Excessive stockpiling due to panic buying during emergencies such as natural disasters and pandemics can increase pressure on supply chains and exacerbate supply shortages. This study uses household level purchase data from the United States to analyze the extent of stockpiling on dry food insert ignore into journalissuearticles values(rice and pasta); at the onset of the COVID-19 pandemic period in March 2020. The results show significant differences in the extent and timing of stockpiling among different demographic groups. Among the elderly and low-income households, the increase in purchases is substantially smaller and occurs with a lag compared to other population groups, suggesting that these vulnerable populations may be at a particular disadvantage in accessing essential goods during a crisis. The managerial and public policy implications of this \`stockpiling inequality\` are discussed.
Keywords : Tüketici Davranışı, Stoklama, Panik Satın Alma, COVID 19, Gözlemsel Veri, Panel Veri Yöntemleri, Ampirik Yöntemler

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