Trends and Patterns in Consumption Expenditure: A Review of Class and Rural-Urban Disparities
This paper primarily aims to capture the changing patterns of consumption expenditure of three broad classes, namely, the ‘upper’ ‘middle’ and ‘bottom’ classes in the rural and urban India. In contrast to what is generally held that differences in consumption of necessaries across classes decline more the economy grows, this paper argues that there had been hardly any sign of convergence. Furthermore, in the cases of most of the food and non‐food items, especially, education and medical services the consumption expenditure in real terms is showing trends of a widening gap between the upper and the bottom classes.
|Date of creation:||Oct 2011|
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- Abhijit V. Banerjee & Esther Duflo, 2008.
"What Is Middle Class about the Middle Classes around the World?,"
Journal of Economic Perspectives,
American Economic Association, vol. 22(2), pages 3-28, Spring.
- Esther Duflo & Abhijit Banerjee, 2008. "What is Middle Class About the Middle Classes Around the World?," Working Papers id:1363, eSocialSciences.
- Banerjee, Abhijit & Duflo, Esther, 2007. "What is Middle Class about the Middle Classes Around the World?," CEPR Discussion Papers 6613, C.E.P.R. Discussion Papers.
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