Household Demand for Consumer Goods in Developing Countries: A Comparative Perspective with Developed Countries

This book analyzes the household demand for consumer goods using a diverse database,consisting of 45 developed and developing countries,and provides valuable policy insights for planning government budgetary allocations and implementing policies towards an enhanced standard of living. It also provides guidance for researchers interested in the theory and empirical application of the analysis of consumer demand.

Format: Hardback
Length: 306 pages
Publication date: 04 November 2022
Publisher: Taylor & Francis Ltd

This comprehensive book delves into the intricate dynamics of household demand for consumer goods, utilizing a diverse database encompassing 45 developed and developing countries. The study explores the profound shifts in household consumption patterns driven by rapid economic growth, rising household income, and evolving demographics. By employing the most recent data and cutting-edge econometric techniques, the authors develop a comprehensive model to estimate demand for a diverse range of commodities, including food, alcohol, tobacco, housing, health, transportation, health communication, and recreation. Through insightful comparisons between developed and developing countries, the book sheds light on the diverse consumption patterns and trends across different regions.

The analysis presented in this book offers valuable policy insights for governments in allocating resources effectively and implementing policies aimed at improving the well-being of individuals. It provides valuable guidance for researchers interested in exploring the theory and empirical application of consumer demand analysis.

The book's extensive coverage and rigorous analysis make it a valuable resource for scholars, policymakers, and anyone interested in understanding the complex interplay between economic development, consumer behavior, and societal welfare.

Weight: 770g
Dimension: 234 x 156 (mm)
ISBN-13: 9780367190613