The detrimental effects of luxury goods consumption on socially excluded groups

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)21_Publication in refereed journalpeer-review

1 Scopus Citations
View graph of relations

Author(s)

  • Kenneth Chan
  • Bharat Hazari
  • Vijay Mohan

Related Research Unit(s)

Detail(s)

Original languageEnglish
Pages (from-to)e228-e238
Journal / PublicationReview of Development Economics
Volume22
Issue number4
Online published27 Aug 2018
Publication statusPublished - Nov 2018

Abstract

This paper examines the impact of luxury goods consumption by the wealthy on the welfare of socially excluded groups. We find that a deterioration in the luxury goods terms-of-trade or an increase in the capital used to produce nonluxury traded goods have the consequence of increasing the welfare of the wealthier sections of society at the expense of the socially excluded groups.

Bibliographic Note

Full text of this publication does not contain sufficient affiliation information. With consent from the author(s) concerned, the Research Unit(s) information for this record is based on the existing academic department affiliation of the author(s).

Citation Format(s)

The detrimental effects of luxury goods consumption on socially excluded groups. / Chan, Kenneth; Hazari, Bharat; Mohan, Vijay.

In: Review of Development Economics, Vol. 22, No. 4, 11.2018, p. e228-e238.

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)21_Publication in refereed journalpeer-review