Overview
- Considers the implications of findings on the formulation of fiscal policy
- Explores the diversity of the consumer basket among Asian consumers
- Reviews the economic theory of consumer demand and country consumption studies in the context of Asia
Buy print copy
Tax calculation will be finalised at checkout
Keywords
- Economic development and consumption patterns
- Consumer basket in Asian countries
- Cross-country consumption patterns in Asia
- Asian economies
- Price and income responses
- Consumer behaviour in Asian countries
About this book
This book analyzes consumption patterns in Asian countries that are at different stages of economic development and highlights the similarities and disparities of consumption patterns across countries using a system-wide framework. In a departure from previous studies in the literature which mainly present only single-country analysis, this book aims to provide a comprehensive analysis of cross-country consumption patterns considering several Asian countries, using the most recent consumption expenditure data for aggregate commodity groups. In comparing consumption patterns across countries, the book use unit-free measurements such as budget shares and changes in logarithms of price and quantities, thus avoiding problems associated with exchange rate conversions. The book also analyses the dynamic behaviour in the consumption patterns of the Asian consumers.
The findings of this book will be invaluable to researchers in development economics as well as policymakers in the formulation of fiscal policy or other types of economic control.
Authors and Affiliations
About the authors
Shashika D Rathnayaka is a Research Fellow at the Rowett Institute, University of Aberdeen, United Kingdom. Shashika is also an Applied Economist at the Scottish Environment, Food and Agriculture Research Institutes (SEFARI) and a Fellow at the University of Aberdeen’s Centre for Research in Energy Economics and Finance (ACREEF).
Saroja Selvanathan is a Professor of Econometrics in the Economics and Business Statistics Discipline at Griffith University, Queensland, Australia. Saroja is also the co-Editor-in-Chief of the Journal of the Asia Pacific Economy. Saroja has a PhD from University of Western Australia and has published 8 research monographs and well over 100 journal articles.
Eliyathamby A Selvanathan is the director of the Economics Policy Analysis Program (EPAP) and Professor of Econometrics in the Economics and Business Statistics Discipline at Griffith University, Queensland, Australia. Selva has published 10 research monographs and well over 100 journal articles.
Bibliographic Information
Book Title: Economic Development and Consumption Patterns in Asian Countries
Authors: Shashika D. Rathnayaka, Saroja Selvanathan, Eliyathamby A. Selvanathan
Publisher: Springer Singapore
eBook Packages: Business and Management, Business and Management (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2024
Hardcover ISBN: 978-981-97-2627-1Due: 29 July 2024
Softcover ISBN: 978-981-97-2630-1Due: 29 July 2024
eBook ISBN: 978-981-97-2628-8Due: 29 July 2024
Edition Number: 1
Number of Pages: XXIII, 240
Number of Illustrations: 1 b/w illustrations, 13 illustrations in colour