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Veblen goods and urban distinction: The economic geography of conspicuous consumption

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  • Elizabeth Currid‐Halkett
  • Hyojung Lee
  • Gary D. Painter

Abstract

A fundamental observation of 21st century cities is that they have become great centers of consumption. In this paper, we seek to understand the geographic variation in consumer behavior. Using Consumer Expenditure Survey (CE), we analyze how consumption differs across 21 major U.S. metropolitan areas, and the association between urban characteristics and consumption. We extend previous geographic analysis of consumption to include luxury goods that are socially visible (conspicuous consumption) and luxury goods that are relatively less visible (inconspicuous consumption). Our analysis shows that conspicuous consumption is more sensitive to an urban context than is inconspicuous consumption.

Suggested Citation

  • Elizabeth Currid‐Halkett & Hyojung Lee & Gary D. Painter, 2019. "Veblen goods and urban distinction: The economic geography of conspicuous consumption," Journal of Regional Science, Wiley Blackwell, vol. 59(1), pages 83-117, January.
    • Handle: RePEc:bla:jregsc:v:59:y:2019:i:1:p:83-117
    DOI: 10.1111/jors.12399
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    Cited by:

    1. Adam Okulicz-Kozaryn, 2022. "Materialism and Immorality: More Urban than Rural?," Societies, MDPI, vol. 12(5), pages 1-12, August.
    2. Deepika Kandpal & Dibyendu Maiti, 2022. "Social Identity, Local Neighbourhood Effect and Conspicuous Consumption: Evidence From India," Working papers 327, Centre for Development Economics, Delhi School of Economics.
    3. Boto-García, David & Baños-Pino, José Francisco, 2022. "Social influence and bandwagon effects in tourism travel," Annals of Tourism Research, Elsevier, vol. 93(C).
    4. Mihaela Brindusa TUDOSE, 2019. "Exploring the consumer profile of students. An economic approach," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 11(3), pages 222-233, Octomber.

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