Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/185411
Authors: 
Marjit, Sugata
Santra, Sattwik
Hati, Koushik Kumar
Year of Publication: 
2018
Series/Report no.: 
CESifo Working Paper No. 7213
Abstract: 
This paper is the first attempt towards directly testing the existence of status seeking behavior of the poor for a developing economy, India, with the help of a large dataset. The paper empirically validates status consciousness among the relatively poor for both rural and urban areas across the states of India. The hypotheses that inequality impacts consumption patterns via status effect turns out to be statistically significant. Households in the majority of the states, under various specifications, demonstrate concern for status. We explore in detail the extent of this status effect for different sections of the population.
Subjects: 
status
consumption pattern
inequality
poverty
JEL: 
D01
D12
C13
Document Type: 
Working Paper

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