Quantifying expenditure hierarchies and the expansion of global consumption diversity
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DOI: 10.1016/j.jebo.2023.07.012
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- Andreas Chai & Elena Stepanova & Alessio Moneta, 2022. "Quantifying Expenditure Hierarchies and the Expansion of Global Consumption Diversity," LEM Papers Series 2022/29, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
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More about this item
Keywords
Spending diversity; Income elasticity; Expenditure hierarchy; Niche consumption; Cultural norms;All these keywords.
JEL classification:
- D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
- J15 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Minorities, Races, Indigenous Peoples, and Immigrants; Non-labor Discrimination
- O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
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