Kuhn, Lena; Bobojonov, Ihtiyor; Moritz, Laura - In: The Journal of Development Studies 60 (2024) 6, pp. 956-974
Conspicuous consumption, specialised consumption of high visibility but without apparent economic benefit, is reducing investment in productive assets and thus hindering economic development in low-income countries. In previous research, the phenomenon was commonly explained by status-seeking...