Income Inequality, Income, and Internet Searches for Status Goods: A Cross-National Study of the Association Between Inequality and Well-Being
نویسندگان
چکیده
Is there a positive association between a nation's income inequality and concerns with status competition within that nation? Here we use Google Correlate and Google Trends to examine frequency of internet search terms and find that people in countries in which income inequality is high search relatively more frequently for positional brand names such as Prada, Louis Vuitton, or Chanel. This tendency is stronger among well-developed countries. We find no evidence that income alone is associated with searches for positional goods. We also present evidence that the concern with positional goods does not reflect non-linear effects of income on consumer spending, either across nations or (extending previous findings that people who live in unequal US States search more for positional goods) within the USA. It is concluded that income inequality is associated with greater concerns with positional goods, and that this concern is reflected in internet searching behaviour.
منابع مشابه
تأثیر نابرابری درآمد بر واردات کالا و خدمات کشورهای منتخب توسعهیافته و درحال توسعه
In the current structure of world economy, imports play an important role in the economic development strategy. Although taking the suitable policies for the imports of goods and services is important, but taking the correct strategy is subject to factors affecting imports. In the most of empirical studies, imports are a function of real income and real exchange rate. So, the effect of income i...
متن کاملCorrelation of Income Inequality and Entrepreneurial Activity
The fact of growth of inequality in distribution of income both inside the national economies and between the countries is confirmed by many empirical studies. In particular, these are annual reports of the World Bank, UNIDO and European Commission. The growth of inequality in distribution of income causes social tension inside the countries and promotes conflicts between the countries. Entrepr...
متن کاملIncome Inequality and Housing Affordability in Selected Metropolises of Iran: A Pseudo-Panel Approach
Housing is one of the most important and most expensive assets of the human life. It is an expensive commodity that requires long-term planning to purchase it, so housing affordability in the household budget portfolio is one of the most important issues. In this paper, based on Zhang (2015) model and Matlack and Vigdor (2008) study and using a cross-sectional household income - expenditure mic...
متن کاملStudy of Effective Factors on Income Inequality Decrease in Rural Areas of Iran
According to the Ahlowalia hypothesis (1995), the growth of total factor productivity (TFP) beside infrastructure investments of government lead to income inequality decrease in rural areas of countries. The main objective of this study is to investigate the effects of public investments such as agricultural R&E, road, education and irrigation on income inequality in rural areas of Iran. In ord...
متن کاملIncome and Mental Well-Being of Middle-Aged and Older Americans: Immigrants’ Diminished Returns
Introduction: Although income is among the major social determinants of mental health of middle-aged and older individuals, socially marginalized groups gain less health from their income and other socioeconomic status (SES) resources compared to socially privileged groups. This pattern is called marginalization-related diminished returns (MDRs). Most of the existing knowledge ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
عنوان ژورنال:
دوره 129 شماره
صفحات -
تاریخ انتشار 2016