Research Article

THE ROLE OF REGIONAL INCOME INEQUALITY IN CONSPICUOUS CONSUMPTION: A CASE OF TURKEY

Volume: 16 Number: 1 May 2, 2020
TR EN

THE ROLE OF REGIONAL INCOME INEQUALITY IN CONSPICUOUS CONSUMPTION: A CASE OF TURKEY

Abstract

Veblen effect of consumption might be said to be still valid in the 21st century and associated with an increase in inequality, individuals might try to maintain consumption expenditures disproportionate to an increase in their income. Similarly, Relative Income Hypothesis points to conspicuous consumption by assuming consumption expenditures of individuals not only depending on their own income level but also on income and consumption level of status group they pertain to. The purpose of this study is to analyze the possible linkage between income inequality and conspicuous consumption on economic perspective. The relationship between the share of conspicuous consumption items in total expenditures and Gini coefficient is investigated in Turkey by regions via panel ordinary least squares estimators. In this context 2006-2014 annual period is considered. According to results, the effect of inequality on conspicuous consumption is generally positive. Another finding is that the income share of higher quintiles ordered by equalized household disposable income has a significant effect on conspicuous consumption of lower quintiles. 

Keywords

References

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Details

Primary Language

English

Subjects

Economics

Journal Section

Research Article

Authors

Başak Gül Akar This is me
Türkiye

Publication Date

May 2, 2020

Submission Date

May 27, 2019

Acceptance Date

April 5, 2020

Published in Issue

Year 2020 Volume: 16 Number: 1

APA
Tekin, İ., & Akar, B. G. (2020). THE ROLE OF REGIONAL INCOME INEQUALITY IN CONSPICUOUS CONSUMPTION: A CASE OF TURKEY. Ekonomik Ve Sosyal Araştırmalar Dergisi, 16(1), 27-40. https://izlik.org/JA99UE28UR
AMA
1.Tekin İ, Akar BG. THE ROLE OF REGIONAL INCOME INEQUALITY IN CONSPICUOUS CONSUMPTION: A CASE OF TURKEY. ESAD. 2020;16(1):27-40. https://izlik.org/JA99UE28UR
Chicago
Tekin, İpek, and Başak Gül Akar. 2020. “THE ROLE OF REGIONAL INCOME INEQUALITY IN CONSPICUOUS CONSUMPTION: A CASE OF TURKEY”. Ekonomik Ve Sosyal Araştırmalar Dergisi 16 (1): 27-40. https://izlik.org/JA99UE28UR.
EndNote
Tekin İ, Akar BG (May 1, 2020) THE ROLE OF REGIONAL INCOME INEQUALITY IN CONSPICUOUS CONSUMPTION: A CASE OF TURKEY. Ekonomik ve Sosyal Araştırmalar Dergisi 16 1 27–40.
IEEE
[1]İ. Tekin and B. G. Akar, “THE ROLE OF REGIONAL INCOME INEQUALITY IN CONSPICUOUS CONSUMPTION: A CASE OF TURKEY”, ESAD, vol. 16, no. 1, pp. 27–40, May 2020, [Online]. Available: https://izlik.org/JA99UE28UR
ISNAD
Tekin, İpek - Akar, Başak Gül. “THE ROLE OF REGIONAL INCOME INEQUALITY IN CONSPICUOUS CONSUMPTION: A CASE OF TURKEY”. Ekonomik ve Sosyal Araştırmalar Dergisi 16/1 (May 1, 2020): 27-40. https://izlik.org/JA99UE28UR.
JAMA
1.Tekin İ, Akar BG. THE ROLE OF REGIONAL INCOME INEQUALITY IN CONSPICUOUS CONSUMPTION: A CASE OF TURKEY. ESAD. 2020;16:27–40.
MLA
Tekin, İpek, and Başak Gül Akar. “THE ROLE OF REGIONAL INCOME INEQUALITY IN CONSPICUOUS CONSUMPTION: A CASE OF TURKEY”. Ekonomik Ve Sosyal Araştırmalar Dergisi, vol. 16, no. 1, May 2020, pp. 27-40, https://izlik.org/JA99UE28UR.
Vancouver
1.İpek Tekin, Başak Gül Akar. THE ROLE OF REGIONAL INCOME INEQUALITY IN CONSPICUOUS CONSUMPTION: A CASE OF TURKEY. ESAD [Internet]. 2020 May 1;16(1):27-40. Available from: https://izlik.org/JA99UE28UR

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