Abstract:

This study examined the relationship between the GINI ratio used to measure the unfairity of income distribution in some selected countries and the expenditure of luxury goods imported by the countries. In literature, the goods with the demand's income elasticity greater than 1 are called luxury goods. The increase in demand for luxury goods is higher than the increase in income in normal conditions. However, even if the income levels are low, the situation where the demand for these luxury goods is intense is called the influence of the zupper. This demonstration behavior can increase the import of luxury goods by moving intensely to luxury goods that cannot be consumed by the domestic production of the country concerned or which are not produced in that country. In this study, the income status measured by the GINI rate was related to the luxury goods imported by society. It is understood which of the selected countries performed the exhibition consumption. In the study, this causal relationship of the panels was studied by Dumitrescu-Hurlin and Kónya causal analysis. Dumitrescu-Hurlin indicates the causality in the panel as a whole, but in Kónya, thanks to the causality, the country-based ratio and sign results can be obtained. In this way, the results of the country can be revealed. According to the results of the analysis, the unfairness in the income distribution as a whole did not result in a cause in the direction of import variation, while the import did not result in a cause in the unfairness in the income distribution as a whole. On the basis of the country, the cause analysis of imports from GINI was studied and significant results were achieved in 9 of the 13 countries that formed the panel.

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