IDEAS home Printed from https://ideas.repec.org/p/iie/pbrief/pb15-21.html
   My bibliography  Save this paper

World on the Move: The Changing Global Income Distribution and Its Implications for Consumption Patterns and Public Policies

Author

Listed:
  • Tomas Hellebrandt

    (Peterson Institute for International Economics)

  • Paolo Mauro

    (Peterson Institute for International Economics)

Abstract

In the next two decades, hundreds of millions of people in emerging economies are projected to reach income levels at which they will be able to afford cars and air travel. As purchasing power increases worldwide, people will spend proportionately less on food and beverages and more on transportation. Higher spending on transportation, especially in China, India, and Sub-Saharan Africa, will increase pressures on the infrastructure in these economies and aggravate global climate change. Governments will need to respond to these challenges in a fiscally sustainable and environmentally responsible way.

Suggested Citation

  • Tomas Hellebrandt & Paolo Mauro, 2015. "World on the Move: The Changing Global Income Distribution and Its Implications for Consumption Patterns and Public Policies," Policy Briefs PB15-21, Peterson Institute for International Economics.
    • Handle: RePEc:iie:pbrief:pb15-21
    as

    Download full text from publisher

    File URL: https://www.piie.com/publications/policy-briefs/world-move-changing-global-income-distribution-and-its-implications
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Abhijit V. Banerjee & Esther Duflo, 2007. "The Economic Lives of the Poor," Journal of Economic Perspectives, American Economic Association, vol. 21(1), pages 141-168, Winter.
    2. Joyce Dargay & Dermot Gately & Martin Sommer, 2007. "Vehicle Ownership and Income Growth, Worldwide: 1960-2030," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4), pages 143-170.
    3. Marcos Chamon & Paolo Mauro & Yohei Okawa, 2008. "Mass car ownership in the emerging market giants [‘Petroleum taxes’]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 23(54), pages 244-296.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. S. R. Milyakin, 2023. "Motorization: History, Factors and Patterns," Studies on Russian Economic Development, Springer, vol. 34(2), pages 254-262, April.
    2. Wadud, Zia, 2020. "The effects of e-ridehailing on motorcycle ownership in an emerging-country megacity," Transportation Research Part A: Policy and Practice, Elsevier, vol. 137(C), pages 301-312.
    3. Kudłak, Robert & Kisiała, Wojciech & Kołsut, Bartłomiej, 2024. "Systemic transformation, political reforms and car ownership in Poland," Journal of Transport Geography, Elsevier, vol. 117(C).
    4. M. Yu. Ksenofontov & S. R. Milyakin, 2020. "The Influence of the Spread of Automatic Control and Sharing Technologies on Motorization Processes: Concept, Calculation Scheme, Forecast," Studies on Russian Economic Development, Springer, vol. 31(3), pages 254-263, May.
    5. Wang, Yunshi & Teter, Jacob & Sperling, Daniel, 2011. "China's soaring vehicle population: Even greater than forecasted?," Energy Policy, Elsevier, vol. 39(6), pages 3296-3306, June.
    6. Nobuhiro Sanko, 2018. "Travel demand forecasts improved by using cross-sectional data from multiple time points: enhancing their quality by linkage to gross domestic product," Transportation, Springer, vol. 45(3), pages 905-918, May.
    7. Lian Lian & Wen Tian & Hongfeng Xu & Menglan Zheng, 2018. "Modeling and Forecasting Passenger Car Ownership Based on Symbolic Regression," Sustainability, MDPI, vol. 10(7), pages 1-16, July.
    8. M. Yu. Ksenofontov & S. R. Milyakin, 2018. "The Automobilization Process and Its Determining Factors in the Past, Present, and Future," Studies on Russian Economic Development, Springer, vol. 29(4), pages 406-414, July.
    9. Yang Li & Shiyu Huang & Yanhui Liu & Yiyi Ju, 2021. "Recycling Potential of Plastic Resources from End-of-Life Passenger Vehicles in China," IJERPH, MDPI, vol. 18(19), pages 1-15, September.
    10. Qian, Lixian & Soopramanien, Didier, 2014. "Using diffusion models to forecast market size in emerging markets with applications to the Chinese car market," Journal of Business Research, Elsevier, vol. 67(6), pages 1226-1232.
    11. Catherine Wolfram & Orie Shelef & Paul Gertler, 2012. "How Will Energy Demand Develop in the Developing World?," Journal of Economic Perspectives, American Economic Association, vol. 26(1), pages 119-138, Winter.
    12. Jaya Jumrani & P. S. Birthal, 2017. "Does consumption of tobacco and alcohol affect household food security? Evidence from rural India," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 9(2), pages 255-279, April.
    13. Qodri Febrilian Erahman & Nadhilah Reyseliani & Widodo Wahyu Purwanto & Mahmud Sudibandriyo, 2019. "Modeling Future Energy Demand and CO 2 Emissions of Passenger Cars in Indonesia at the Provincial Level," Energies, MDPI, vol. 12(16), pages 1-25, August.
    14. Pascaline Dupas & Sarah Green & Anthony Keats & Jonathan Robinson, 2014. "Challenges in Banking the Rural Poor: Evidence from Kenya's Western Province," NBER Chapters, in: African Successes, Volume III: Modernization and Development, pages 63-101, National Bureau of Economic Research, Inc.
    15. Gary S. Fields, 2020. "Informality and work status," WIDER Working Paper Series wp-2020-159, World Institute for Development Economic Research (UNU-WIDER).
    16. Picarelli, Nathalie, 2016. "Who really benefits from export processing zones? Evidence from Nicaraguan municipalities," Labour Economics, Elsevier, vol. 41(C), pages 318-332.
    17. Meyer, Ina & Kaniovski, Serguei & Scheffran, Jürgen, 2012. "Scenarios for regional passenger car fleets and their CO2 emissions," Energy Policy, Elsevier, vol. 41(C), pages 66-74.
    18. Brian McCaig & Nina Pavcnik, 2015. "Informal Employment in a Growing and Globalizing Low-Income Country," American Economic Review, American Economic Association, vol. 105(5), pages 545-550, May.
    19. Bastian, Anne & Börjesson, Maria, 2014. "It's the economy, stupid: increasing fuel price is enough to explain Peak Car in Sweden," Working papers in Transport Economics 2014:15, CTS - Centre for Transport Studies Stockholm (KTH and VTI).
    20. Kislat, Carmen & Menkhoff, Lukas & Neuberger, Doris, 2013. "The use of collateral in formal and informal lending," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79765, Verein für Socialpolitik / German Economic Association.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:iie:pbrief:pb15-21. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peterson Institute webmaster (email available below). General contact details of provider: https://edirc.repec.org/data/iieeeus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.