Are Emerging Markets Catching Up With the Developed Markets in Terms of Consumption?
Abstract
The study tests the consumption convergence hypothesis between developed and emerging markets over a 30-year period (1980–2009) with eight consumption variables: consumer expenditure on food, consumer expenditure on household goods and services, average consumption of calories per day, average consumption of protein per day, and possession of four durables: dishwasher, microwave oven, refrigerator, and washing machine. Socioeconomic influence on...
Paper Details
Title
Are Emerging Markets Catching Up With the Developed Markets in Terms of Consumption?
Published Date
Apr 14, 2011
Journal
Volume
24
Issue
2
Pages
136 - 151
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Notes
History