@article{article_570512, title={THE ROLE OF REGIONAL INCOME INEQUALITY IN CONSPICUOUS CONSUMPTION: A CASE OF TURKEY}, journal={Ekonomik ve Sosyal Araştırmalar Dergisi}, volume={16}, pages={27–40}, year={2020}, author={Tekin, İpek and Akar, Başak Gül}, keywords={Veblen etkisi,gösterişçi tüketim,gelir eşitsizliği,panel veri,Türkiye}, abstract={<p class="MsoNormal" style="text-align:justify;line-height:normal;"> <i> <span lang="en-us" style="font-size:10pt;font-family:’Times New Roman’, serif;" xml:lang="en-us">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.  </span> </i> </p> <p> <i> </i> </p> <i> </i>}, number={1}, publisher={Bolu Abant İzzet Baysal Üniversitesi}