A Preliminary Analysis of Consumption Patterns: Developed vs Developing Countries

Saroja Selvanathan, Maneka Jayasinghe, Eliyathamby A. Selvanathan

    Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

    Abstract

    This chapter provides a preliminary data analysis of the consumption patterns of 45 developed and developing countries using time-series data. The annual consumption expenditures and the population for the 45 Asia Pacific and the OECD countries are compiled from the National Accounts of OECD Countries and various individual country Government Statistical Department websites and publications. The chapter presents a summary of the data using various graphical and numerical data analytic techniques in the form of growth rates and Divisa indices. A comparison between the developed and developing groups reveals that for almost all goods, on average, prices in developing countries have grown at a rate more than twice that of developed countries. Another difference worth noting is that while in most developed countries, communication has become cheaper, consumers in developing countries continue to experience increasing prices for the communication.
    Original languageEnglish
    Title of host publicationHousehold Demand for Consumer Goods in Developing Countries
    Subtitle of host publicationA Comparative Perspective with Developed Countries
    EditorsEliyathamby A Selvanathan, Saroja Selvanathan, , Maneka Jayasinghe
    Place of PublicationLondon
    PublisherRoutledge Taylor & Francis Group
    Chapter3
    Pages1-41
    Number of pages41
    Edition1
    ISBN (Electronic)9780429200120
    Publication statusPublished - 2022

    Fingerprint

    Dive into the research topics of 'A Preliminary Analysis of Consumption Patterns: Developed vs Developing Countries'. Together they form a unique fingerprint.

    Cite this