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Contribution Details
Type | Journal Article |
Scope | Discipline-based scholarship |
Title | The cross-country Engel curve for product diversification |
Organization Unit | |
Authors |
|
Item Subtype | Original Work |
Refereed | Yes |
Status | Published in final form |
Language |
|
Journal Title | Structural Change and Economic Dynamics |
Geographical Reach | international |
ISSN | 0954349X |
Volume | 7 |
Number | 1 |
Page Range | 79 - 97 |
Date | 1996 |
Abstract Text | This paper employs ICP expenditure data to investigate the relationship between income and product diversity. It turns out that per-capita income has a strong positive impact on the number of products consumed at a non-negligible level in a country, and a significant negative impact on the concentration of consumers' expenditure across different goods categories. Inequality in the size distribution of incomes has a significant positive impact on the number of consumed goods, but no clear effect on the concentration of expenditure. |
Digital Object Identifier | 10.1016/0954-349X(95)00039-P |
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