Premium
Expenditure Patterns of Asian Americans: Evidence From the U.S. Consumer Expenditure Survey, 1980–1992
Author(s) -
Fan Jessie X.
Publication year - 1997
Publication title -
family and consumer sciences research journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.372
H-Index - 31
eISSN - 1552-3934
pISSN - 1077-727X
DOI - 10.1177/1077727x970254001
Subject(s) - ethnic group , asian americans , consumer expenditure survey , homogeneous , white (mutation) , almost ideal demand system , racial group , demographic economics , demography , consumer expenditure , economics , geography , aggregate expenditure , sociology , public economics , mathematics , production (economics) , biochemistry , chemistry , macroeconomics , combinatorics , anthropology , gene
This article applies a linear approximation of the Almost Ideal Demand System with a set of demographic variables to study the differences in expenditure patterns between Asian American households and households in three other ethnic/racial groups: Black, Hispanic, and White. Findings show that even after controllingfor other economic and demographic factors, compared with each of the three other ethnic/racial groups, Asian American households have significantly different expenditure patterns in 6 or more expenditure categories out of a total of 13. Besides implications for consumer educators, financial planners, and producers, the results of this study can provide guidelines for combining Asian American households with other ethnic/racial groups in expenditure studies so that households within the combined group can be as homogeneous as possible.