Level of Financial Literacy and Food Waste in Polish Households

Monika SzafrańskaAndrzej KrasnodębskiZuzana Kapsdorferová

DOI 10.7160/aol.2020.120109
No 1/2020, March
pp. 99-109

Szafrańska, M., Krasnodębski, A. and Kapsdorferová, Z. (2020) “Level of Financial Literacy and Food Waste in Polish Households", AGRIS on-line Papers in Economics and Informatics, Vol. 12, No. 1, pp. 99-109. ISSN 1804-1930. DOI 10.7160/aol.2020.120109.

Abstract

The aim of the presented research is to show on food waste and determine the level of financial literacy of food consumers as a factor affecting the probability of occurrence of food waste in Polish households in comparison with selected demographic and economic factors conditioning this phenomenon. The main source of data used for analysis and conclusions was primary information obtained from own research (n=1021, PAPI method). To analyze the data, total statistical indicators, the one-way analysis of variance (the F test) and the logistic regression were used. The conducted analysis demonstrates that among the elements creating financial literacy, only financial attitudes determine consumers' inclination to waste food. The higher the score obtained from this module, the less food is thrown away from households. From the group of factors that significantly determine the occurrence of food wastage, financial attitudes have the weakest impact. The strongest impact has respondent’s education.

Keywords

Financial literacy, food waste, household awareness, natural resources, food chain.

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