Global convergence of consumer spending: Conceptualization and propositions

The convergence versus divergence debate has persistently presented a puzzle in the scholarly literature. Forces of globalization created a wave of convergence. Yet, the recent worldwide events have changed the course of globalization, slowing its seemingly unavoidable forward direction. It is, ther...

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Bibliographic Details
Main Authors: Cavusgil, S.T (Author), Ozturk, A. (Author)
Format: Article
Language:English
Published: Elsevier Ltd 2019
Subjects:
Online Access:View Fulltext in Publisher
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008 220511s2019 CNT 000 0 und d
020 |a 09695931 (ISSN) 
245 1 0 |a Global convergence of consumer spending: Conceptualization and propositions 
260 0 |b Elsevier Ltd  |c 2019 
856 |z View Fulltext in Publisher  |u https://doi.org/10.1016/j.ibusrev.2018.10.002 
520 3 |a The convergence versus divergence debate has persistently presented a puzzle in the scholarly literature. Forces of globalization created a wave of convergence. Yet, the recent worldwide events have changed the course of globalization, slowing its seemingly unavoidable forward direction. It is, therefore, incumbent upon international business scholars to reexamine the convergence versus divergence debate in the contemporary world economy. Despite the central role that global convergence plays in international business decisions, the literature is lacking a conceptualization of the convergence construct in terms of consumer spending behavior. Offering a new perspective derived from the convergence-divergence-crossvergence (CDC) framework and the coevolution theory, the authors define and conceptualize the convergence construct associated with consumer spending behavior. The proposed conceptual framework is comprehensive, offers refinements to the convergence phenomenon, and leads the way for further development of new theories in the international marketing domain. © 2018 Elsevier Ltd 
650 0 4 |a Coevolution 
650 0 4 |a Consumer spending 
650 0 4 |a Convergence 
650 0 4 |a Crossvergence 
650 0 4 |a Divergence 
650 0 4 |a Globalization 
700 1 |a Cavusgil, S.T.  |e author 
700 1 |a Ozturk, A.  |e author 
773 |t International Business Review