2011
DOI: 10.1016/j.jdeveco.2010.05.007
|View full text |Cite
|
Sign up to set email alerts
|

Positional spending and status seeking in rural China

Abstract: Journal articleIFPRI3; ISIDSGDP

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
2
1

Citation Types

8
93
0

Year Published

2013
2013
2024
2024

Publication Types

Select...
6
2
1

Relationship

0
9

Authors

Journals

citations
Cited by 122 publications
(108 citation statements)
references
References 41 publications
8
93
0
Order By: Relevance
“…Hopkins and Kornienko, 2004) since the number of within-group peers who possess a similar income level is found to be positively correlated with household spending on visible goods. Moreover, we find that the effect of this 'local' density tends to be stronger in the tail regions of the distribution and performs better than other proxies for the overall income distribution used in recent studies (Brown et al, 2011). How the range of visible goods used to signal wealth expands as household income grows is also explored.…”
mentioning
confidence: 73%
See 1 more Smart Citation
“…Hopkins and Kornienko, 2004) since the number of within-group peers who possess a similar income level is found to be positively correlated with household spending on visible goods. Moreover, we find that the effect of this 'local' density tends to be stronger in the tail regions of the distribution and performs better than other proxies for the overall income distribution used in recent studies (Brown et al, 2011). How the range of visible goods used to signal wealth expands as household income grows is also explored.…”
mentioning
confidence: 73%
“…Here Brown et al (2011) uncovered some evidence that there indeed exists positive relationship between more dense income distributions and conspicuous expenditure when comparing spending patterns across rural Chinese villages. However, a weakness of their empirical method is that changes in the income distribution can have heterogenous effects on the number of peers across different regions of the income distribution.…”
Section: Introductionmentioning
confidence: 83%
“…The welfare implications of spending in order to "keep up with the Joneses" are potentially large [4] , and everyone will give as much money as possible. Although this is a universal fate for everyone in the community, it becomes a heavy burden on poor families or people.…”
Section: Giving Of Red Packetmentioning
confidence: 99%
“…A higher socioeconomic position in the own reference group creates higher incentives to signal status. A growing literature in development economics clearly indicates that status consumption is not confined to wealthy individuals but also prevalent among some of the poorest households (Banerjee and Duflo, 2007;Brown, Bulte and Zhang, 2011). Status signaling becomes even more important as the social cohesion of an individual's environment decreases and mobility rises.…”
Section: Introductionmentioning
confidence: 99%