EconPapers    
Economics at your fingertips  
 

Back to Engel? Some Evidence for the Hierarchy of Needs

Andreas Chai () and Alessio Moneta ()
Additional contact information
Andreas Chai: Griffith University

A chapter in Long Term Economic Development, 2013, pp 33-59 from Springer

Abstract: Abstract Using UK household expenditure data spanning over four decades (1960–2000), this paper employs Engel’s needs-based approach to analyzing household expenditure patterns and finds evidence for the existence of a stable hierarchy of expenditure patterns at low levels of household income. Second, we investigate how rising household income influences the manner in which total expenditure is distributed across Engel’s expenditure categories. Our results suggest that i) total household expenditure is distributed across Engel’s expenditure categories in an increasingly even manner as household income increases and ii) over time, there has been an acceleration in the rate at which household expenditure patterns become diversified as household income rises. Finally, we consider how the shape of Engel Curves may help shed light on the relationship between goods and the underlying needs they serve.

Keywords: Gini Coefficient; Household Expenditure; Consumption Expenditure; Budget Share; Expenditure Category (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations: Track citations by RSS feed

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: Back to Engel? Some evidence for the hierarchy of needs (2012) Downloads
Working Paper: Back to Engel? Some evidence for the hierarchy of needs (2011) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:eccchp:978-3-642-35125-9_3

Ordering information: This item can be ordered from
http://www.springer.com/9783642351259

DOI: 10.1007/978-3-642-35125-9_3

Access Statistics for this chapter

More chapters in Economic Complexity and Evolution from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2022-05-23
Handle: RePEc:spr:eccchp:978-3-642-35125-9_3