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400417

The Effect of Perceived Inflation on Green Purchase Behavior: The Moderated Mediation of Financial Literacy

Article

Last updated: 04 Jan 2025

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Tags

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Abstract

This study aims to investigate the effect of perceived inflation on green purchase behavior in the food industry, and the mediating role of attitude toward green products, in addition to financial literacy as a moderator in explaining green purchase behavior. An exploratory study is conducted to assess the interrelationships between the variables and test criteria for perceived inflation and its effect on green purchase behavior throughout two phases. First, a questionnaire was designed to collect relevant data. Second, Structural Equations Modelling was used to test the direct relationship between perceived inflation and green purchase behavior, test the moderated mediation of attitude and financial literacy on the direct relation. A total of 404 individuals responded to the questionnaire. The analysis was implemented using SPSS AMOS v.24. A crucial finding is that attitude toward green products was found to be a key variable that notably improves the model's ability to interpret results and draw conclusions, as it significantly enhances the model's explanatory power. This study offers valuable insights for academics, decision-makers, and consumers interested in green products. It significantly advances our knowledge of inflation's effect on green purchase behavior, alongside enriching literature from multi-disciplinary perspectives.  The current study breaks new ground through its contribution to understanding a topic worth studying like inflation and how it affects green purchase behavior by incorporating marketing, economics, and financial variables. It offers an insightful picture of inflation and its effect on tackling environmental problems by focusing on the moderating mediation of the variables in question.

DOI

10.21608/cfdj.2024.330417.2077

Keywords

Attitude towards Green Products, financial literacy, Green Purchase Behavior, Moderated Mediation, Perceived Inflation

Authors

First Name

Dina

Last Name

Mohyee

MiddleName

-

Affiliation

ASU

Email

dina_mohyee@bus.asu.edu.eg

City

-

Orcid

0000-0002-7044-0998

First Name

Noura Anwar

Last Name

Abdel-Fatah

MiddleName

-

Affiliation

Cairo University , BUC

Email

nournwr@cu.edu.eg

City

Giza

Orcid

0000-0002-0339-2252

First Name

Samira

Last Name

M. Allam

MiddleName

-

Affiliation

Faculty of Business, Ain Shams University- ASU, Egypt.

Email

samira.allam@bus.asu.edu.eg

City

Cairo

Orcid

0000-0002-8059-4662

First Name

Marwa

Last Name

Medhat

MiddleName

-

Affiliation

BUC

Email

marwa.medhat@buc.edu.eg

City

Cairo

Orcid

-

Volume

6

Article Issue

1

Related Issue

52472

Issue Date

2025-01-01

Receive Date

2024-10-22

Publish Date

2025-01-01

Page Start

743

Page End

776

Print ISSN

2682-3403

Online ISSN

2682-4531

Link

https://cfdj.journals.ekb.eg/article_400417.html

Detail API

https://cfdj.journals.ekb.eg/service?article_code=400417

Order

400,417

Type

المقالة الأصلية

Type Code

1,242

Publication Type

Journal

Publication Title

المجلة العلمية للدراسات والبحوث المالية والتجارية

Publication Link

https://cfdj.journals.ekb.eg/

MainTitle

The Effect of Perceived Inflation on Green Purchase Behavior: The Moderated Mediation of Financial Literacy

Details

Type

Article

Created At

30 Dec 2024