Evaluating impact on quality, availability and choise
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Scope
Does the option have an impact on the quality and availability of the goods/services they buy, and on consumer choice? (cf. in particular non-existing and incomplete markets)[1]
Definition
This key question is especially related to the provision of goods and services whose supply is most vulnerable, in particular due to market failures. Market incompleteness can ensue from insufficient demand for a specific good/service, insufficient to attract enough potential providers and to make their costs and prices benefit from economies of scale.
Moreover, markets cannot provide some goods and services, although society values them. An example is unemployment insurance. Other goods and services may be supplied under restrictive conditions. Small firms and the self-employed, in particular, may be unable to raise money to fund investments if banks require their loans to be backed by collaterals; potential students may be unable to borrow against their expected future earnings.[1]
Result
Indicators:
The following Eurostat Sustainable Development Indicators (Production and Consumption Patterns and Public Health) are relevant to address the key question:
- Eco-label awards by country
- Population served by waste collection sytems: Municipal waste treatment, by type of treatment method
- Household number
- Consumption of certain foodstuffs per inhabitant - kg per capita
- Electricity consumption by households - 1000toe
- Salmonellosis incidence rate
There are no Eurostat Structural Indicators directly related to this key question.[1]
See also
References
This text is for information only and is not designed to interpret or replace any reference documents. The text is adapted from: