The economic modeling of migration and consumption patterns in the English-speaking world
Gary Magee,
Muhammad Bhatti and
Alice Shuaishuai Li
Economic Modelling, 2015, vol. 50, issue C, 322-330
Abstract:
Recent literature suggests that there was a marked intensification of consumerism in the Anglophone world in the latter half of the nineteenth century, though little systematic empirical evidence of the phenomenon or its origins has to date been provided. This paper develops an economic model to redress this situation. Using a fixed-effects panel data model, it shows that the enduring racial ties, cultural affinity and sense of connectedness of British emigrants in Australasia, Canada and the US between 1879 and 1913, as evidenced by their remittance flows, were reflected in a strong preference for consuming British products.
Keywords: Remittance flow; Consumption patterns; Models; Panel data (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecmode:v:50:y:2015:i:c:p:322-330
DOI: 10.1016/j.econmod.2014.07.035
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