Next Article in Journal
Sustainable Production, Non-Tariff Measures, and Trade Performance in RCEP Countries
Next Article in Special Issue
Online Shopping Motives during the COVID-19 Pandemic—Lessons from the Crisis
Previous Article in Journal
Examining the Moderating Role of Brand Loyalty among Consumers of Technology Products
Previous Article in Special Issue
Grocery Shopping Preferences during the COVID-19 Pandemic
Article

Relationship between Panic Buying and Per Capita Income during COVID-19

1
Graduate Program in Logistics Systems Engineering, São Paulo University, São Paulo 05508-010, Brazil
2
Department of Production Engineering, São Paulo University, São Paulo 05508-010, Brazil
3
Environmental Engineering Department, São Paulo State University, São José dos Campos 12247-004, Brazil
*
Author to whom correspondence should be addressed.
Sustainability 2020, 12(23), 9968; https://0-doi-org.brum.beds.ac.uk/10.3390/su12239968
Received: 3 November 2020 / Revised: 20 November 2020 / Accepted: 22 November 2020 / Published: 28 November 2020
(This article belongs to the Special Issue How Consumer Behavior Patterns Change in a Pandemic Condition)
Panic buying and hoarding express common human behavior in times of crisis. Early in COVID-19, as the pandemic crisis intensified, toilet paper was one of the emblematic cases of panic buying. Using a Geographic Information System (GIS) to cross official per capita income data and real toilet paper transactions obtained from groceries spread around the city of São Paulo (Brazil), this study compares sales levels during the period in which panic purchases took place to the sales levels off that period. As expected, that data disclose noticeable panic buying. Regression analysis reveals that there is a significant positive correlation between average income per capita and panic buying. The results also indicate that panic buying happens in every income class, including low-income ones and contribute to enhancing the understanding of demand behavior during periods of crisis. View Full-Text
Keywords: panic buying; hoarding; per capita income; vulnerability; COVID-19; São Paulo; grocery panic buying; hoarding; per capita income; vulnerability; COVID-19; São Paulo; grocery
Show Figures

Figure 1

MDPI and ACS Style

Yoshizaki, H.T.Y.; de Brito Junior, I.; Hino, C.M.; Aguiar, L.L.; Pinheiro, M.C.R. Relationship between Panic Buying and Per Capita Income during COVID-19. Sustainability 2020, 12, 9968. https://0-doi-org.brum.beds.ac.uk/10.3390/su12239968

AMA Style

Yoshizaki HTY, de Brito Junior I, Hino CM, Aguiar LL, Pinheiro MCR. Relationship between Panic Buying and Per Capita Income during COVID-19. Sustainability. 2020; 12(23):9968. https://0-doi-org.brum.beds.ac.uk/10.3390/su12239968

Chicago/Turabian Style

Yoshizaki, Hugo T.Y., Irineu de Brito Junior, Celso M. Hino, Larrisa L. Aguiar, and Maria C.R. Pinheiro 2020. "Relationship between Panic Buying and Per Capita Income during COVID-19" Sustainability 12, no. 23: 9968. https://0-doi-org.brum.beds.ac.uk/10.3390/su12239968

Find Other Styles
Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Article Access Map by Country/Region

1
Back to TopTop