There are three broad goals of this study: The first is to outline how the composition of final demand tends to evolve as household income grows. The second is to discuss what implications these trends in demand have for the industrial composition of growing economies. Finally, the study will discuss how consumption patterns are linked to a range of demographic, geographic, and social factors that may account for observed differences in the cross country consumption patterns.
About the speaker
Dr. Andreas Chai is a Senior Lecturer in Economics at Griffith University and the Director of the Economic Policy and Analysis Program. He has previously worked at the Productivity Commission (Melbourne) and the Commonwealth Treasury (Canberra). Andreas specializes in studying long run trends in household spending patterns and their implications for structural economic change from an Evolutionary Economic perspective. He has published in the Journal of Economic Perspectives and the Cambridge Journal of Economics. Andreas also recent edited a special issue of the Journal of Evolutionary Economics on the Future of consumption (Issue 2, 2017).
Venue: Conference Room (0.16 & 0.17)
Date: 05 October 2017
Time: 12:00 - 13:00