The Big Mac Index: A comprehensive bibliometric and systematic review

This study presents a comprehensive bibliometric and systematic literature review analysis of the literature on the Big Mac Index (BMI) to identify its foundational aspects and summarize key findings. The BMI, an informal measure of purchasing power parity, has garnered scholarly interest in discuss...

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Main Authors: Haitham Nobanee, Diem Thi Hong Vo, Hai Hong Trinh, Saif Ullah
Format: Article
Language:English
Published: Elsevier 2025-06-01
Series:Research in Globalization
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Online Access:http://www.sciencedirect.com/science/article/pii/S2590051X25000024
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author Haitham Nobanee
Diem Thi Hong Vo
Hai Hong Trinh
Saif Ullah
author_facet Haitham Nobanee
Diem Thi Hong Vo
Hai Hong Trinh
Saif Ullah
author_sort Haitham Nobanee
collection DOAJ
description This study presents a comprehensive bibliometric and systematic literature review analysis of the literature on the Big Mac Index (BMI) to identify its foundational aspects and summarize key findings. The BMI, an informal measure of purchasing power parity, has garnered scholarly interest in discussions about currency valuations, trade imbalances, and cross-country cost of living. This index encompasses a rich set of fields, including pricing drugs, cigarette/smoking across countries, professors’ salaries, income inequality, and wages. The study provides the first bibliometric analysis in this field, revealing that the number of published articles and citations is relatively low, highlighting the undervaluation of the pricing of different products and services across countries. After several screening steps, 54 articles met the criteria for examination using VOSviewer. The study offers insights into the evolution of BMI literature and highlights leading authors, documents, countries, institutions, and journals. The results indicate that Tobacco Control is the top journal publishing paper and the top-cited journal article on BMI, with the United States leading in contributions. The paper presents potential future research directions in the field of BMI.
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series Research in Globalization
spelling doaj-art-0fd23d972acc407b85910f83295f2ead2025-01-14T04:12:35ZengElsevierResearch in Globalization2590-051X2025-06-0110100269The Big Mac Index: A comprehensive bibliometric and systematic reviewHaitham Nobanee0Diem Thi Hong Vo1Hai Hong Trinh2Saif Ullah3College of Business, Abu Dhabi University, United Arab Emirates; Oxford Centre for Islamic Studies, University of Oxford, UK; Faculty of Humanities & Social Sciences, The University of Liverpool, UK; Corresponding author at: College of Business, Abu Dhabi University, United Arab Emirates.Department of Economics and Finance, The Business School, RMIT University, 702 Nguyen Van Linh, District 7, Ho Chi Minh City, Viet NamSchool of Economics and Finance, Massey University, Private Bag 11 222 Palmerston North, 4442, New ZealandCollege of Management and Applied Sciences, Ziauddin University, PakistanThis study presents a comprehensive bibliometric and systematic literature review analysis of the literature on the Big Mac Index (BMI) to identify its foundational aspects and summarize key findings. The BMI, an informal measure of purchasing power parity, has garnered scholarly interest in discussions about currency valuations, trade imbalances, and cross-country cost of living. This index encompasses a rich set of fields, including pricing drugs, cigarette/smoking across countries, professors’ salaries, income inequality, and wages. The study provides the first bibliometric analysis in this field, revealing that the number of published articles and citations is relatively low, highlighting the undervaluation of the pricing of different products and services across countries. After several screening steps, 54 articles met the criteria for examination using VOSviewer. The study offers insights into the evolution of BMI literature and highlights leading authors, documents, countries, institutions, and journals. The results indicate that Tobacco Control is the top journal publishing paper and the top-cited journal article on BMI, with the United States leading in contributions. The paper presents potential future research directions in the field of BMI.http://www.sciencedirect.com/science/article/pii/S2590051X25000024Big Mac indexPurchasing power parityIncome distributionSmokingDrug costIncome inequality
spellingShingle Haitham Nobanee
Diem Thi Hong Vo
Hai Hong Trinh
Saif Ullah
The Big Mac Index: A comprehensive bibliometric and systematic review
Research in Globalization
Big Mac index
Purchasing power parity
Income distribution
Smoking
Drug cost
Income inequality
title The Big Mac Index: A comprehensive bibliometric and systematic review
title_full The Big Mac Index: A comprehensive bibliometric and systematic review
title_fullStr The Big Mac Index: A comprehensive bibliometric and systematic review
title_full_unstemmed The Big Mac Index: A comprehensive bibliometric and systematic review
title_short The Big Mac Index: A comprehensive bibliometric and systematic review
title_sort big mac index a comprehensive bibliometric and systematic review
topic Big Mac index
Purchasing power parity
Income distribution
Smoking
Drug cost
Income inequality
url http://www.sciencedirect.com/science/article/pii/S2590051X25000024
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