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Cited by 270

The DOI matches its Crossref record; 9 of the 9 references it cites were found in a registry or an index.

The Rise of Mass Consumption Societies

Open access
Matsuyama, Kiminori·2002·Journal of Political Economy
DOI 10.1086/341873
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Abstract

This paper studies mechanisms behind the rise of mass consumption societies. The development process depicted follows the Flying Geese pattern, in which a series of industries take off one after another. As productivity improves in these industries, each consumer good becomes affordable to an increasingly large number of households, which constantly expand the range of goods they consume. This in turn generates larger markets for consumer goods, which leads to further improvement in productivity. For such virtuous cycles of productivity gains and expanding markets to occur, income distribution should be neither too equal nor too unequal. With too much equality, the economy stagnates in a poverty trap. With too much inequality, the development stops prematurely.

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Crossref · 10.1086/341873

Cites

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Metadata

Authors
Matsuyama, K.
Venue
Journal of Political Economy
Publisher
University of Chicago Press
Published
2002-10
Volume
110
Issue
5
Pages
1035-1070
ISSN
  • 0022-3808 (ISSN-L)
  • 1537-534X
DOI
10.1086/341873
OpenAlex
W1576003423
Cited by
270
References
9
FWCI
12.07
Type
journal article
Language
en
Open access
green

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CoChat. (2026). Citation check: The Rise of Mass Consumption Societies. https://app.cochat.ai/papers/10.1086/341873
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Matsuyama, K. (2002). The Rise of Mass Consumption Societies. Journal of Political Economy. https://doi.org/10.1086/341873

Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.