Hasan, Syed Akif and Subhani, Muhammad Imtiaz and Osman, Ms. Amber (2012): Does economics treat fashion in a similar way everywhere?
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The fashion is a habit, which dies really hard. People around the globe follow the most famous fashion styles and trends in the world. Since centuries, fashion has moved in different classes and bred to an enormous extent that every individual has its own fashion sense and in general accepted fashion, which is famous by the majority. One’s clothing, shoes, watches, hand bags, belts etc are all wearable’s have been tagged with fashion. This paper studies fashion through the economical strands. These strands, which empower any nation’s economy, namely per capita income and inflation also, are a sound indicator of the fashion industry. The consumption patterns of countries like India, U.S.A., Pakistan and Australia are gathered for its specialty and being pioneers in fashion. The results stated that per capita income and inflation does affect fashion in Pakistan, U.S.A. and India, while Australia’s case is opposite. It is due to the fact that these countries have diverse socio-economical conditions along with different culture set and lifestyles, being one of the eminent reasons of fashion industry review via basic economical indicators.
|Item Type:||MPRA Paper|
|Original Title:||Does economics treat fashion in a similar way everywhere?|
|English Title:||Does economics treat fashion in a similar way everywhere?|
|Keywords:||Fashion Trends, Per capita Income, Inflation, Clothing|
|Subjects:||A - General Economics and Teaching > A1 - General Economics|
|Depositing User:||Muhammad Imtiaz Subhani|
|Date Deposited:||07. Oct 2012 15:49|
|Last Modified:||15. Feb 2013 09:30|
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Do economic players shape up fashion trends? (deposited 26. Mar 2012 15:34)
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