Celebrations as Social Investments: Festival Expenditures, Unit Price Variation and Social Status in Rural India
AbstractFestival expenditures amount to over 15 per cent of a household's annual expenditures in rural India. Yet they have never been studied by economists. This article uses both qualitative and quantitative data from a case study of three South Indian villages to show that festivals are important public goods in the village, but neither a pure entertainment motive nor an altruistic desire to contribute to a public event seems to explain their size. Households which spend money on festivals, everything else held equal, are able, however, to generate tangible rewards - lower prices on food, higher social status and more invitations to meals from other families. This indicates that active participation in festivals generates private economic and social returns which help resolve a potential free-rider problem. The evidence is consistent with the notion that festivals serve as mechanisms by which communities build social networks.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Journal of Development Studies.
Volume (Year): 38 (2001)
Issue (Month): 1 ()
Contact details of provider:
Web page: http://www.tandfonline.com/FJDS20
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Vincenzo Lombardo, 2012. "Social inclusion and the emergence of development traps," Discussion Papers 13_2012, CRISEI, University of Naples "Parthenope", Italy.
- van de Walle, Dominique & Ravallion, Martin & Mendiratta, Vibhuti & Koolwal, Gayatri, 2013. "Long-term impacts of household electrification in rural India," Policy Research Working Paper Series 6527, The World Bank.
- Tania Begazo-Gomez & Alan Fuchs & Ari Perdana, 2006. "Better Together Ã¢â‚¬â€œ or not? Community Participation, Consumption Smoothing and Household Head Employment in Indonesia," Development Economics Working Papers 21814, East Asian Bureau of Economic Research.
- Vincenzo Lombardo, 2012.
"Social inclusion and the emergence of development traps,"
1_2012, D.E.S. (Department of Economic Studies), University of Naples "Parthenope", Italy.
- Lombardo, Vincenzo, 2012. "Social inclusion and the emergence of development traps," MPRA Paper 36766, University Library of Munich, Germany.
- Anthon, Signe & Lund, Jens Friis & Helles, Finn, 2008. "Targeting the poor: Taxation of marketed forest products in developing countries," Journal of Forest Economics, Elsevier, vol. 14(3), pages 197-224, June.
- Moav, Omer & Neeman, Zvika, 2008. "Conspicuous Consumption, Human Capital and Poverty," CEPR Discussion Papers 6864, C.E.P.R. Discussion Papers.
- Omer Moav and & Zvika Neeman, 2012. "Saving Rates and Poverty: The Role of Conspicuous Consumption and Human Capital," Economic Journal, Royal Economic Society, vol. 122(563), pages 933-956, 09.
- Irene Kamenidou & Spyridon Mamalis & George Kokkinis & Christina Intze, 2011. "Improvement Axons for Ardas Cultural Festival in Evros, Greece, based on attendees perceptions," Scientific Bulletin - Economic Sciences, University of Pitesti, vol. 10(2), pages 62-73.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).
If references are entirely missing, you can add them using this form.