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  1. Quantifying expenditure hierarchies and the expansion of global consumption diversity
    Author: Chai, Andreas; Stepanova, Elena; Moneta, Alessio
    Published: [2022]
    Publisher:  LEM, Laboratory of Economics and Management, Institute of Economics, Scuola Superiore Sant'Anna, Pisa, Italy

    Economic growth tends to stimulate fundamental changes in consumption patterns as consumers who get rich tend to spread their spending more evenly across a wider variety of goods and services. Comparing cross sectional spending patterns across rich... more

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    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    DS 203
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    Economic growth tends to stimulate fundamental changes in consumption patterns as consumers who get rich tend to spread their spending more evenly across a wider variety of goods and services. Comparing cross sectional spending patterns across rich and poor countries, we investigate how this diversification process enables more niche patterns of spending to emerge across the global population of consumers. We use entropy measures to quantify the dispersion of household spending across goods and study how it unfolds as GDP rises. Using a gravity model to study international differences in the relative order of income elasticities, i.e. expenditure hierarchies, we show how this diversification process on the national level is correlated with cultural norms, GDP and income inequality. We find that national expenditure hierarchies are relatively similar across countries among necessities, while they are increasingly unique among luxuries. We further verify how rising affluence tends to generate more niche consumption patterns by examining how rising income is positively correlated with demand heterogeneity and income inequality is negatively correlated with market depth.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/273631
    Series: LEM working paper series ; 2022, 29 (October 2022)
    Subjects: spending diversity; income elasticity; expenditure hierarchy; niche consumption; cultural norms
    Scope: 1 Online-Ressource (circa 57 Seiten), Illustrationen
  2. Examining the determinants of electricity demand by South African households per income level
    Author: Bohlmann, J. A.; Inglesi-Lotz, R.
    Published: September 2020
    Publisher:  Economic Research Southern Africa, [Cape Town]

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    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 765
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: ERSA working paper ; 833
    Subjects: Residential Sector; price elasticity; income elasticity; ARDL; South Africa
    Scope: 1 Online-Ressource (circa 39 Seiten), Illustrationen
  3. The time-varying elasticity of South African electricity demand
    1980–2018
    Author: Masike, Kabelo; Vermeulen, Cobus
    Published: October 2020
    Publisher:  Economic Research Southern Africa, [Cape Town]

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 765
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: ERSA working paper ; 839
    Subjects: price elasticity; income elasticity; electricity demand; Kalman Filter
    Scope: 1 Online-Ressource (circa 26 Seiten), Illustrationen
  4. Demanda de cigarrillos en Uruguay: análisis nacional con datos mensuales
    Author: Ferre, Zuleika; Gerstenblüth, Mariana; Triunfo, Patricia
    Published: [2023]
    Publisher:  [Universidad de la República], [Montevideo, Uruguay]

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    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 892
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    Source: Union catalogues
    Language: Spanish
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 20.500.12008/42382
    Series: Documentos de trabajo / dECON, Facultad de Ciencias Sociales, Universidad de la República ; no. 23, 06 (diciembre 2023)
    Subjects: times series; instrumental variables; cigarette; tobacco; demand elasticity; income elasticity; simulation; Uruguay
    Scope: 1 Online-Ressource (circa 31 Seiten), Illustrationen