An Econometric Analysis of Consumer Demand in Asia
Author(s)
Primary Supervisor
Selvanathan, Saroja
Other Supervisors
Selvanathan, Selva A.
Kler, Parvinder S.
Year published
2019-11
Metadata
Show full item recordAbstract
Most Asian economies have grown impressively during the past 30 years. Asia continues to be both the fastest-growing region in the world and the main growth engine of the world economy, contributing to more than 60% of global economic growth. Such robust, prolonged growth has clearly raised incomes, lifted millions out of poverty and given rise to new wealth and the emergence of a new rich class in Asia. The economic transformation of Asia, combined with globalization, has led Asian consumers towards greater discretionary spending, while providing ample expansion potential for businesses and investors. In light of this ...
View more >Most Asian economies have grown impressively during the past 30 years. Asia continues to be both the fastest-growing region in the world and the main growth engine of the world economy, contributing to more than 60% of global economic growth. Such robust, prolonged growth has clearly raised incomes, lifted millions out of poverty and given rise to new wealth and the emergence of a new rich class in Asia. The economic transformation of Asia, combined with globalization, has led Asian consumers towards greater discretionary spending, while providing ample expansion potential for businesses and investors. In light of this background, this thesis aims to analyse the demand for consumer goods in Asian countries and examine the similarities and disparities of consumption patterns across Asian countries using a systemic approach. A review of the literature on the topic revealed that there are only a few empirical studies that include some Asian countries, for various time periods. In this thesis, we consider ten Asian countries which are at different stages of economic development: Hong Kong, India, Japan, South Korea, Malaysia, the Philippines, Singapore, Sri Lanka, Taiwan and Thailand—with a special focus on Sri Lanka.
View less >
View more >Most Asian economies have grown impressively during the past 30 years. Asia continues to be both the fastest-growing region in the world and the main growth engine of the world economy, contributing to more than 60% of global economic growth. Such robust, prolonged growth has clearly raised incomes, lifted millions out of poverty and given rise to new wealth and the emergence of a new rich class in Asia. The economic transformation of Asia, combined with globalization, has led Asian consumers towards greater discretionary spending, while providing ample expansion potential for businesses and investors. In light of this background, this thesis aims to analyse the demand for consumer goods in Asian countries and examine the similarities and disparities of consumption patterns across Asian countries using a systemic approach. A review of the literature on the topic revealed that there are only a few empirical studies that include some Asian countries, for various time periods. In this thesis, we consider ten Asian countries which are at different stages of economic development: Hong Kong, India, Japan, South Korea, Malaysia, the Philippines, Singapore, Sri Lanka, Taiwan and Thailand—with a special focus on Sri Lanka.
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Thesis Type
Thesis (PhD Doctorate)
Degree Program
Doctor of Philosophy (PhD)
School
Dept Account,Finance & Econ
Copyright Statement
The author owns the copyright in this thesis, unless stated otherwise.
Subject
Asia
Asian region
consumption patterns
economic trade
agriculture
health
business