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Author: Jonathon Lecznar
Publisher:
ISBN:
Category :
Languages : en
Pages : 84
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Book Description
This document contains the first two chapters from my dissertation, titled Three Essays on Consumption and Geography, which use data provided by the Kilts Center for Marketing Data Center. Together they highlight the importance of accounting for geographic differences in new product entry to accurately measure real consumption using household-level spending data and a model to construct cost-of-living-adjusted price indices. The first chapter estimates real consumption's growth rate and volatility in light of three new facts documenting geographic differences in consumption: (1) consumers in separate markets buy different products, (2) a product's market share varies geographically conditional on relative price, and (3) product variety growth and its cyclicality varies geographically. These facts suggest that existing methods to account for product variety changes overstate the benefits to consumers by overlooking geographic diversity in consumption baskets. Quantitatively, focusing on aggregate product variety changes overstates real consumption growth by 2.75 percentage points primarily by assuming that local product entry benefits all consumers nationally. Nonetheless, accounting for product variety changes is important. Our real consumption series grows 3 percentage points faster than a statistical agency benchmark and has twice the volatility due to product variety's procyclicality. The second chapter examines how accounting for local product variety changes alters aggregate welfare estimates and our understanding of regional heterogeneity. Concentrating on in-home product spending from 2004-2014, aggregate quarterly consumption-equivalent welfare was 16.20 percent higher than a statistical agency benchmark indicates. However, focusing on aggregate statistics masks large geographic differences that statistical agency methods understate, implying greater real consumption growth inequality across regions than previously believed.
Author: Jonathon Lecznar
Publisher:
ISBN:
Category :
Languages : en
Pages : 84
Get Book Here
Book Description
This document contains the first two chapters from my dissertation, titled Three Essays on Consumption and Geography, which use data provided by the Kilts Center for Marketing Data Center. Together they highlight the importance of accounting for geographic differences in new product entry to accurately measure real consumption using household-level spending data and a model to construct cost-of-living-adjusted price indices. The first chapter estimates real consumption's growth rate and volatility in light of three new facts documenting geographic differences in consumption: (1) consumers in separate markets buy different products, (2) a product's market share varies geographically conditional on relative price, and (3) product variety growth and its cyclicality varies geographically. These facts suggest that existing methods to account for product variety changes overstate the benefits to consumers by overlooking geographic diversity in consumption baskets. Quantitatively, focusing on aggregate product variety changes overstates real consumption growth by 2.75 percentage points primarily by assuming that local product entry benefits all consumers nationally. Nonetheless, accounting for product variety changes is important. Our real consumption series grows 3 percentage points faster than a statistical agency benchmark and has twice the volatility due to product variety's procyclicality. The second chapter examines how accounting for local product variety changes alters aggregate welfare estimates and our understanding of regional heterogeneity. Concentrating on in-home product spending from 2004-2014, aggregate quarterly consumption-equivalent welfare was 16.20 percent higher than a statistical agency benchmark indicates. However, focusing on aggregate statistics masks large geographic differences that statistical agency methods understate, implying greater real consumption growth inequality across regions than previously believed.
Author: Jose Maria Casado Garcia
Publisher:
ISBN:
Category : Academic theses
Languages : en
Pages : 0
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Author: Wei Fan
Publisher:
ISBN:
Category :
Languages : en
Pages : 312
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Author: Susana Iranzo
Publisher:
ISBN:
Category :
Languages : en
Pages : 332
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Author: Juliana Mansvelt
Publisher: SAGE
ISBN: 9780761974307
Category : Business & Economics
Languages : en
Pages : 212
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Book Description
An overview of the research into consumer behaviour and the use of space, including the internet, identity, connections through commodity chains, commercial culture and morality.
Author: David Bell
Publisher: Routledge
ISBN: 1135103232
Category : Science
Languages : en
Pages : 258
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Book Description
Food occupies a seemingly mundane position in all our lives, yet the ways we think about shopping, cooking and eating are actually intensely reflexive. The daily pick and mix of our eating habits is one way we experience spatial scale. From the relationship of our food intake to our body-shape, to the impact of our tastes upon global food-production regimes, we all read food consumption as a practice which impacts on our sense of place. Drawing on anthropological, sociological and cultural readings of food consumption, as well as empirical material on shopping, cooking, food technology and the food media, this book demonstrates the importance of space and place in identity formation. We all think place (and) identity through food - we are where we eat!
Author: William Morris Davis
Publisher:
ISBN:
Category : Geography
Languages : en
Pages : 796
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Author: James Copland
Publisher:
ISBN:
Category :
Languages : en
Pages : 234
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Author: Richard Munton
Publisher: Routledge
ISBN: 1351882376
Category : Science
Languages : en
Pages : 933
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Book Description
The rural has long been regarded as an important site of geographical inquiry even if our understanding of it has not always been treated as conceptually different from the urban. That said, rural research has pursued a number of distinct empirical agendas ranging from the operation and impacts of agribusiness, to local resistance to global food supply chains, to differing representations of the rural. In doing so, rural geographers have critically examined the relevance and significance of ideas drawn from numerous traditions including political economy, ecological modernization and cultural theory, amending them as appropriate, in their search to understand the nature and trajectory of rural areas. Up until the 1980s, attention remained largely focused upon agriculture as the primary land-use but increasingly new forms of rural consumption - housing, recreation, nature conservation - have taken centre stage as the primacy of local agricultures has been undermined by reduced state protection and 'new' rural populations which have migrated out from the city. More recently, research has been dominated by the 'cultural turn' with particular emphases upon society-nature relations, interpretations of landscape, marginalised others, and analyses of the relations between representation and practice. In the last decade, a more holistic view of the rural, bringing together different aspects of the two previous themes, has emerged through more politically-oriented studies of rural governance concerned with the functioning of interest groups, participation, protest and the allocation and management of resources. The volume is thus structured into three sections concerned with agriculture and food, the rural, and rural governance. The great majority of the selected papers combine both empirical material - often highly informative case studies - and important conceptual arguments about change in the rural condition that can be linked to ideas being employed elsewhere in Geography and the Social Sciences more generally. These critical reflections have been drawn very largely from research conducted in advanced economies which at least provide some commonality of experience allowing the transfer of ideas between what otherwise might be seen as very differing geographical contexts.
Author: Tomoki Fujii
Publisher:
ISBN:
Category :
Languages : en
Pages : 256
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