Rising Retail Concentration: Superstar Firms and Household Demand

2021 ◽  
Author(s):  
Justin Leung ◽  
Zhonglin Li
Keyword(s):  
Author(s):  
Peter Scott

By 1939 rising living standards provided access to an array of durable goods that many people regarded as necessities, but would have been beyond the dreams of their parents twenty-five years earlier. Rising real wages, falling fertility rates, and an expansion and liberalization of consumer credit, collectively made affordable goods that cost several weeks’, months’, or (in the case of housing) years’ income. This chapter examines these trends and then discusses their impacts on household demand for durable goods. For most durables, demand is shown to have risen substantially faster than incomes, producing a major rise in their share of total consumer expenditure. This was partly driven by technological improvements, though successful marketing (both of the goods and the consumer credit that made them affordable) also played a key role.


Energies ◽  
2020 ◽  
Vol 14 (1) ◽  
pp. 168
Author(s):  
Abdellatif Elmouatamid ◽  
Radouane Ouladsine ◽  
Mohamed Bakhouya ◽  
Najib El Kamoun ◽  
Mohammed Khaidar ◽  
...  

The demand for electricity is increased due to the development of the industry, the electrification of transport, the rise of household demand, and the increase in demand for digitally connected devices and air conditioning systems. For that, solutions and actions should be developed for greater consumers of electricity. For instance, MG (Micro-grid) buildings are one of the main consumers of electricity, and if they are correctly constructed, controlled, and operated, a significant energy saving can be attained. As a solution, hybrid RES (renewable energy source) systems are proposed, offering the possibility for simple consumers to be producers of electricity. This hybrid system contains different renewable generators connected to energy storage systems, making it possible to locally produce a part of energy in order to minimize the consumption from the utility grid. This work gives a concise state-of-the-art overview of the main control approaches for energy management in MG systems. Principally, this study is carried out in order to define the suitable control approach for MGs for energy management in buildings. A classification of approaches is also given in order to shed more light on the need for predictive control for energy management in MGs.


2018 ◽  
Vol 62 ◽  
pp. 147-164 ◽  
Author(s):  
Travis J. Lybbert ◽  
Stephen A. Vosti ◽  
Katherine P. Adams ◽  
Rosemonde Guissou

2007 ◽  
Vol 91 (1-2) ◽  
pp. 365-385 ◽  
Author(s):  
Anne Flipo ◽  
Denis Fougère ◽  
Lucile Olier
Keyword(s):  

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