Why did (some) consumers buy toilet papers? A cross‐cultural examination of panic buying as a maladaptive coping response to <scp>COVID</scp>‐19

Im, Hyunjoo; Kim, Naeun; Lee, Ha Kyung

doi:10.1111/joca.12426

Cited by 16 publications

(20 citation statements)

References 71 publications

(111 reference statements)

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“…It was indicated that both individualism and avoidance of uncertainty as an indication of national culture have a positive influence on panic buying (Messner & Payson, 2022). The research results determined that during the pandemic social support could be regarded as a source of coping as well as a source of increasing negative emotions (Im et al, 2022). It was also shown that emotional excitement generating a positive attitude towards campaigns relating to Covid-19 also translated into buying intentions (Chetioui&Lebdaoui, 2021).…”

Section: Literature Reviewmentioning

confidence: 97%

Was it Doomsday? First Wave of the COVID-19 Pandemic Impact on the Polish Cultural Industry

Komańda

2022

Economics and Culture

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Research purpose. The COVID-19 pandemic has become a theme of the research on the functioning of the economy and particular industries. The same concerns were raised regarding the issue of the cultural industry. Therefore, the content of this paper was dictated by the recognition of the impact of the first wave of the Covid-19 pandemic on the activities of the cultural industry in Poland. The formulated research question reads: “How did the beginning of the Covid-19 pandemic impact the economic standing of the Polish cultural industry?” Design / Methodology / Approach. The conducted literature review, whose purpose was to recognise the threads of the scientific discourse on the pandemic and cultural industry together with the cultural issues of business activity in a broad sense, was based on the use of the VOSviewer software, based on the data obtained from the Web of Science Core Collection. This concerned publications from January 1, 2020, to April 4, 2022. The part of the paper that leads to answering the research question uses the inductive method. It is based on the analysis of the quantitative data and information obtained from Statistics Poland (GłównyUrządStatystyczny), research reports as well as media releases. Findings. It was determined that in the first year of the pandemic, the number of cultural events, as well as the number of their participants, drastically decreased. There was also a change in the structure and value of expenditures of the citizens of Poland. This caused a drastic fall in revenues from the activity conducted by cultural institutions at the beginning of 2020. The situation improved after the disbursement of the government aid. However, even one year after the first lockdown, the increased debt of the art industry can be pointed out. Originality / Value / Practical implications. Determining in a broad way the impact of the first wave of the pandemic on the cultural industry in Poland concerning the economic standing is a novel approach. The previous studies focused on the situation of particular types of cultural institutions and possibly on the people associated with them. Due to its specificity, the conducted research also makes it possible to identify potential research problems relating to this industry. On the one hand, these potential studies are in line with the research threads represented in world literature. On the other hand, they concerned the specificity of the Polish cultural industry.

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Section: Literature Reviewmentioning

confidence: 97%

Was it Doomsday? First Wave of the COVID-19 Pandemic Impact on the Polish Cultural Industry

Komańda

2022

Economics and Culture

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“…The most investigated outcome is panic buying, which saw a marked increase in many countries. In a study of U.S. and Korean consumers, Im et al (2022) found that heightened anxiety led consumers in both countries to panic buying. In a survey of 1006 consumers in UAE, Sherman et al (2021) found anxiety to lead to panic buying.…”

Section: Literature Reviewmentioning

confidence: 99%

Consumers under pandemic anxiety: Suppressors, intensifiers, and resilients

Mittal

2022

Int J Consumer Studies

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COVID‐19 turned the lives of all people across the world upside down. Everyone faced the threat of catching the virus and denial of access to the physical marketplace. For many, it also brought the threat of partial or full unemployment. This trinity of upheaval produced heightened anxiety. The purpose of this article is to understand how consumers coped with anxiety during the pandemic and lockdown periods. We hypothesized that consumers coped with such anxiety by engaging in diverse creative and productive activities, which served as anxiety suppressors. In addition, we hypothesized that one's enduring mind positivity provided resilience and helped consumers mitigate their anxiety. In survey data from a random sample of 550 consumers in the United States, we found support for these hypotheses. Consumers who engaged in voluntary productive activities suffered less anxiety. And consumers with higher resilience levels also felt lower levels of anxiety. In addition, we found that enjoyment of shopping intensified the experience of COVID‐19‐induced anxiety. The research framework linking this specific set of antecedents to COVID‐induced anxiety and its affirmation in this study are new to the literature and therefore offer a notable contribution to it. These findings show two pathways to marketers: Organize and promote voluntary productive activities and offer means for consumers to cultivate personal resilience, on for‐profit and not‐for‐profit platforms. Also, we suggest a future consumer research agenda for when fate again brings us face‐to‐face with similar or even lesser catastrophes, which, according to scientific forecasters, it sadly but surely will.

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“…Therefore, panic buying and hoarding behaviors of both physical products and digital content products have become a global phenomenon. Many existing literatures have studied the panic buying and hoarding behaviors of daily necessities, medicines and food during the period of COVID-19 [ [11] , [12] , [13] , [14] , [15] , [16] ]. Scholars believe that individual psychological factors [ [5] , [6] , [7] ] and social psychological factors are the main factors triggering people panic buying and hoarding food during the epidemic [ [8] , [9] , [10] ].…”

Section: Introductionmentioning

confidence: 99%

The impact of paid social Q&A on panic buying and digital hoarding at the stage of coexistence with COVID-19: The moderating role of sensitivity to pain of payment

Wang¹,

Ding²,

Xu³

2023

International Journal of Disaster Risk Reduction

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Why did (some) consumers buy toilet papers? A cross‐cultural examination of panic buying as a maladaptive coping response to COVID‐19

Cited by 16 publications

References 71 publications

Was it Doomsday? First Wave of the COVID-19 Pandemic Impact on the Polish Cultural Industry

Was it Doomsday? First Wave of the COVID-19 Pandemic Impact on the Polish Cultural Industry

Consumers under pandemic anxiety: Suppressors, intensifiers, and resilients

The impact of paid social Q&A on panic buying and digital hoarding at the stage of coexistence with COVID-19: The moderating role of sensitivity to pain of payment

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