‘I show off, so I am well off’: Subjective economic well-being and conspicuous consumption in an emerging economy

Jaikumar, Saravana; Singh, Ramendra; Sarin, Ankur

doi:10.1016/j.jbusres.2017.05.027

Cited by 63 publications

(46 citation statements)

References 53 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…There is usually not much difference between the two models when the sample size is large enough. Since the explained variable takes values from the range [1,5], this paper uses the ordered probit regression method. At the same time, we use OLS regression and ordered logit regression for comparative analysis, showing the robustness of the results to a certain extent.…”

Section: Model Selection and Regression Methods Selectionmentioning

confidence: 99%

“…In recent years, with the increase in residents' disposable income, the level of consumers' consumption has been similarly increasing year by year. Meanwhile, "conspicuous consumption," "hedonic consumption," and a series of unreasonable consumption ways of life have been generated [1,2]. The basic problem is consumerism-the belief that the happiness of the people ultimately depends on consumption.…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Consumers’ Intention and Cognition for Low-Carbon Behavior: A Case Study of Hangzhou in China

2020

View full text Add to dashboard Cite

The influencing factors of the low-carbon consumption behavior of urban residents have become popular. This paper explored the factors of consumers’ low-carbon behavior through a questionnaire survey. Using Hangzhou as a case study city, which yields 786 valid responses, the results indicated that urban consumers generally had a high perception of low-carbon behavior. At the same time, low-carbon cognition and low-carbon intention had a positive impact on residents’ low-carbon behavior. In particular, the level of awareness of global warming adjusted residents’ understanding of low-carbon behavior. From a policy point of view, this research contributes to insights into the promotion of guiding residents’ low-carbon behavior and improving the response to global warming.

show abstract

Section: Model Selection and Regression Methods Selectionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Consumers’ Intention and Cognition for Low-Carbon Behavior: A Case Study of Hangzhou in China

2020

View full text Add to dashboard Cite

show abstract

“…Although contrasting other countries, for example Bangladesh, where the microcredit's perspective in decreasing poverty has been systematically examined (e.g. Jaikumar, Singh, & Sarin, 2017;Khandker & Samad, 2013;Morduch, 1999;Pitt, Khandker, & Cartwright, 2006), insufficient endeavours have been made in Pakistan to test the efficiency of microcredit as a poverty reduction instrument. Studies on Pakistan's microcredit tend to intricate the development and regulations of microcredit programmes, giving little quantitative evidence on the outcomes of programme participation.…”

Section: Literature Reviewmentioning

confidence: 99%

Microcredit and Economic Welfare: Experience of Poor Rural Households from Pakistan

Latif

Ullah

Ahmed

et al. 2020

J of Intl Development

View full text Add to dashboard Cite

Summary This research article effort to empirically assess the effect of microcredit on household economic welfare consequences, for example income and consumption in rural Pakistan. The valuation is based on the difference‐in‐difference method that is a progressively popular technique of tackling the selection bias issue in measuring the influences of microcredit. This paper uses a 2‐year panel data set, together with both primary and secondary data gained through a household survey in rural Pakistan. Our empirical outcomes favour the full belief in the literature that participates in microcredit programme helps expand households' economic welfare, for example income and consumption. Despite the positive results on how microcredit has improved the rural households' living status, our outcomes display that the huge majority of the program applicants are non‐poor, which casts roughly uncertainties on the social potential (for example poverty alleviation) of Pakistan's microcredit programs. © 2020 John Wiley & Sons, Ltd.

show abstract

“…Coincidentally, Perez‐Truglia (2013) came to a similar conclusion by examining the relationship between the ranking of consumers' household observable consumption in its reference group and their life satisfaction. Besides, Jaikumar, Singh, and Sarin (2017) provided evidence that conspicuous consumption can boost consumers' perception of economic well‐being. However, the existing research seems to focus more on the impact of conspicuous consumption on long‐term happiness (life satisfaction) while makes little effort to distinguish the effects on long‐term and short‐term happiness, thus prompted us to delve into the differences.…”

Section: Introductionmentioning

confidence: 99%

Online low‐key conspicuous behavior of fashion luxury goods: The antecedents and its impact on consumer happiness

Chen

Zhang

Xie

et al. 2020

J of Consumer Behaviour

View full text Add to dashboard Cite

Nowadays, people tend to show off in a more conservative rather than ostentatious way, that is, “low‐key style.” This paper focuses on consumers' low‐key conspicuous behavior on social media after they purchase fashion luxury goods, so as to explore the antecedents of this behavior, as well as its impact, on consumer happiness. Our results show that motivations for self‐representation and avoidance of negative comments from others trigger the low‐key conspicuous behavior. Afterward, this behavior will positively affect consumers' short‐term happiness through both perceived self‐image and perceived interpersonal relationship, while enhancing long‐term happiness only through perceived interpersonal relationship. The reason may be that the temporary pleasure brought by the improvement of perceived self‐image is not enough to raise the quality of life, but an improvement in one's interpersonal relationship is a lifelong benefit.

show abstract

‘I show off, so I am well off’: Subjective economic well-being and conspicuous consumption in an emerging economy

Cited by 63 publications

References 53 publications

Consumers’ Intention and Cognition for Low-Carbon Behavior: A Case Study of Hangzhou in China

Consumers’ Intention and Cognition for Low-Carbon Behavior: A Case Study of Hangzhou in China

Microcredit and Economic Welfare: Experience of Poor Rural Households from Pakistan

Online low‐key conspicuous behavior of fashion luxury goods: The antecedents and its impact on consumer happiness

Contact Info

Product

Resources

About