• Title/Summary/Keyword: Expenditure

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An Analysis of Factors Affecting Rural Tourists' Expenditure (농촌관광객의 지출비용 영향요인 분석)

  • Kim, Kyung-Hee;Hwang, Dae Yong;Lee, Hye Young
    • Journal of Agricultural Extension & Community Development
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    • v.27 no.3
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    • pp.135-144
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    • 2020
  • The aim of this study is to analyze the factors affecting rural tourists' expenditure. This study used the data from the fact-finding survey on rural tourism, and analyzed 4,223 cases who had experienced rural tourism for one year in 2018. The linear multiple regression analysis were used to identify factors affecting rural tourists' expenditure. The result indicate that the factors influencing the rural tourists' total expenditure were age, monthly income, number of accompany, length of stay, accommodation type(pension), accommodation type(friend's house/relatives'house), accommodation type(camping), distance to the destination, accompany(family/relatives), accompany(solo traveler), occupation(white color), motivation(daily escape and rest), motivation(new experience). The result indicate that the higher the age, the higher the average monthly income of the household, the fewer companions, the longer the length of stay higher the expenditure. As for the accommodation, the pension, motel/inn, hotel/condominium, and recreational forest higher probability of expenditure, while, friend/relative's house or camping higher the probability of less expenditure. The longer the distance to the destination, the solo traveler higher the probability of expenditure in rural tourism.

Income and Consumption Expenditure Patterns of Urban Salary and Wage Earner's Household over the Family Life Cycle (도시 근로자가계의 가족생활주기에 따른 소득 및 소비지출 구조 분석)

  • Chun, Hyun-Jin;Lee, Yon-Suk
    • Journal of Family Resource Management and Policy Review
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    • v.11 no.1
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    • pp.65-81
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    • 2007
  • The purpose of this study is to analyze income and consumption expenditure patterns over the family life cycle. The data used in this study is the 2004 Survey data from the Annual Report on the Family Income and Expenditure Survey data which are included salary and wage earners' households living in urban areas. The income and expenditure data of 20,383 households are analyzed. The family life cycle is classified into six stages and the items of expenditure are classified into 12 categories. The data are analyzed by descriptive statistics, $X^2$ test, F-test, and Duncan's multiple range test using SAS 8.0 package program. The major findings of this study are as fellows: First, the average monthly family income of the total sample is 3,480,000 won. The proportion of regular and irregular income among the total family income is 95.5% and 4.5% respectively. Second, the amount and ratio of monthly regular income fur each category are significantly different over the family life cycle. Third, the average monthly family expenditure of the total sample is 2,250,000 won. The amount and ratio of monthly expenditure of all items are significantly different over the family life cycle. The highest expenditure item is the traffic expanse and phone charge.

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Government Education Expenditure and Economic Growth Nexus: Empirical Evidence from Vietnam

  • LE, Minh Phuoc;TRAN, Trang Mai
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.7
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    • pp.413-421
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    • 2021
  • Government expenditure on education has attracted much attention because it plays an important role in the economic development. The question is whether government expenditure on education has a positive or negative impact on the economic growth and vice versa. This study aims to provide reliable estimates of the relationship between government expenditure on education and economic growth with empirical evidence in Vietnam for the period 2006-2019. The data was taken from the official statistics of the General Statistics Office of Vietnam. The authors have used the VAR model and Granger causal model to determine the relationship between government expenditure on education and the economic growth. Research results show that there is a two-way nexus between the economic growth and government spending on education with a lag of about two years. From the results obtained from this research, the authors have made some policy suggestions for the Vietnamese government as how to increase investment for education. If there is a one-way causal relationship between expenditure on education and the economic growth, the government can use spending as a growth factor. However, if there is a bi-directional relationship between the government expenditure on education and the GDP growth, the government needs to ensure that resources are appropriately managed and allocated effectively to promote growth.

Catastrophic Health Expenditure and Trend of South Korea in 2019 (2019년 재난적 의료비 경험률 현황 및 추이)

  • Kang, Soo Hyun;Jeong, Wonjeong;Park, Eun-Cheol
    • Health Policy and Management
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    • v.31 no.1
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    • pp.140-144
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    • 2021
  • Catastrophic health expenditure refers to measure the level of the economic burden of households due to medical expenses. The purpose of this study was to examine the proportion of households that experienced catastrophic health expenditure between 2006 and 2019 using available data from the National Survey of Tax and Benefit (NaSTaB), Korea Health Panel (KHP), and Households Income and Expenditure Survey (HIES). Trend test was used to analyze the proportion of households with catastrophic healthcare expenditure. The households experienced a catastrophic health expenditure of 2.44% in 2019 using the NaSTaB data. Trend analysis was significant with the decreasing trend (annual percentage change [APC], -4.49; p<0.0001) in the proportion of households with catastrophic health expenditure. Also, the results of the 2017 KHP and the 2016 HIES showed 2.20% and 2.92%. The trend was significantly increased in the KHP (APC, 1.79; p<0.0001) and the HIES (APC, 1.43; p<0.0001). Therefore, this study suggests that further public healthcare interventions to alleviate the burden of catastrophic health expenditure, especially for low-income households, are needed.

Catastrophic Health Expenditure and Trend of South Korea in 2020 (2020년 재난적 의료비 경험률 현황 및 추이)

  • Jeong, Sung Hoon;Kang, Soo Hyun;Park, Eun-Cheol
    • Health Policy and Management
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    • v.32 no.1
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    • pp.107-112
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    • 2022
  • Catastrophic healthcare expenditure refers to out-of-pocket spending for healthcare exceeding a certain proportion of a household's income and can lead to subsequent impoverishment. The aim of this study was to investigate the proportion of South Korean households that experienced catastrophic healthcare expenditure between 2006 and 2020 using available data from the National Survey of Tax and Benefit (NaSTaB), Korea Health Panel (KHP), and Households Income and Expenditure Survey (HIES). Trend test was used to analyze the proportion of household with catastrophic healthcare expenditure. In the NaSTaB 2020 data, households who experienced catastrophic health expenditure was 1.73%. Trend analysis was significant with the decreasing trend (annual percentage change [APC], -5.55; p<0.0001) in the proportion of households with the catastrophic health expenditure. Also, in the 2018 KHP and the 2016 HIES, households who experienced catastrophic health expenditure was 2.21% and 2.92% respectively. In contrast, the trend was significantly increased in the KHP (APC, 0.55; p<0.0001) and the HIES (APC, 1.43; p<0.0001). Therefore, the findings suggest the need to strengthen public health care financial support and monitor catastrophic healthcare expenditures, especially for low-income group.

An Analysis on The Consumption Pattern of Korean Farm Households (1960~1968) -The Influence of Income Level on The Consumption Pattern- (농가 가계의 소비구조 분석 (1960-1968) -소득수준이 소비구조에 미치고 영향분석을 중심으로-)

  • 최은숙
    • Journal of the Korean Home Economics Association
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    • v.8 no.1
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    • pp.181-197
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    • 1970
  • Farm households consumption pattern from 1960 to 1968 was analized as follows. First, the influence of the price on the consumption pattern was observed by year for 9 years. Second, the influence of farm households and by size of the consmption pattern was analized by year for whole household and by size of the arable land. Third, the present status and problems of farm families consumption pattern was attempted to be found out compared with the pattern of all families of Seoul. Forth, the pattern of food expenditure which has the largest proportion in the living expenditure was analized. Following results and conclusions are obtained from the above analysis.1. The average nominal increase rate of all farm households has been increased gradually for 9 years, mostly due to the rise in household goods prices paid by farmers. 2. The living expenditure varies with the price and the disposal income, The influence of the latter is greater than that of the former. 3. The Engel's Coefficient of farmers. the average of which was 54.9%, recently tends to decrease gradually. The larger is the size of arable land, the lower is the Coefficient of farm households. But the Coefficient of farm households is higher than that of city families. 4. In general the proportion of food expenditure has a great influence on the consumption pattern, The average percentage of miscellaneous expenditure is 23.9% and it is next to food expenditure. The relationship between them is going reversely. Housing expenditure has usually the constant proportion. But the difference of the proportion between farm households (4.0%) and city families (17.1%) is considerable. Clothing expenditure and fuel and light expenditure have small variations. The former tends to increase with the income, and the latter tends to decrease with it or is constant. 5. Considering the food expenditure pattern, the average percentage (78.4%)of staple food of farm household is remarkably high compared with Seoul (48.3%) and other cities (54.0%). The decrease of the percentage of staple food expenditure in farm households is not so much as cities. 6. The propertion of the staple food expenditure of Farm families don't have so much differences by the size of arable land. But the rice proportion of staple foods has the tendency to increase with the income level. Subsidery food expenditure doesn't increase by year and by size of the land, while the consumption of meat and manufactured foods tends to increase with size of the land. But even big farm households don't reach to the level of cities in consumption of them. 7. Food consumption pattern may be influenced by the factors such as the knowledge of wife about nutrition, customs, consumption habits, and so on. The difference between farm households and city families in food consumption pattern is inferred from the above factors. Presently, the increasing income of the people promote the consumption of all items of living expenditure both in cities and farm households. But the Engel's Coeffcient and the proportion of the staple food expenditure is expected to decrease in farm households more than in cities.

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The Change in Consciousness and Expenditure on Kyung-Jo after IMF Economic Crisis on Cheju Island (경조비에 대한 의식 및 지출 변화 - IMF경제위기 이후 제주지역을 중심으로 -)

  • 김혜연;김미성
    • Journal of the Korean Home Economics Association
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    • v.39 no.1
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    • pp.65-80
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    • 2001
  • This study aimed to investigate the changed consciousness and expenditure on Kyong-Jo after IMF economic crisis and the some factors which have effects on the change. The expenditure on Kyong-Jo included donations and gifts associated with congratulations and condolences. The data were collected through the personal questionnaire on Cheju Island. The sample consisted of 400 married adults whose age were between 20 to 65. The independent variables were some individual characteristics, household related variables, and Kyong-Jo related variables. The dependent variables included the change in consciousness and expenditure on Kyong-Jo. The data were analyzed by methods such as frequencies, means, Multiple Regression and Logistic Regression analysis. Major results were as follows. The respondents perceived that Kyong-Jo is fundamentally a good custom to help each other when some one is in the hard time. Their perception of the expenditure on Kyong-Jo has not been changed even since IMF economic crisis. 70% of the respondents staid that there was little difference of the expenditure on Kyong-Jo before and after IMF economic crisis. This trend is in contrast to the perception and the expenditure of the people who lived in the other residences after IMF economic crisis. The factors which had significant effects on the respondent's consciousness of the expenditure on Kyong-Jo were occupation, whether owns a house or not, household income, and household assets. The change of household expenditure on Kyong-Jo was effected by the respondent's sex, occupation, household income, household assets, and social network. These results suggested that the respondents on Cheju Island more strongly hold the conservative perception to the expenditure on Kyong-Jo rather than the people in other residences.

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The Expenditure Pattern of the Indebted Overspending Households (적자부채가계의 지출구조 및 유형별 특성)

  • Lee, Seong-Lim;Sung, Young-Ae
    • Journal of the Korean Home Economics Association
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    • v.45 no.10
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    • pp.45-57
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    • 2007
  • The causes of indebted overspending were investigated by examining household expenditure patterns using the data from the 2002 Family Expenditure Survey. The five major expenditure categories were identified by factor analysis, and the six types of indebted overspending were clustered. About 28% of the indebted overspending was done out of necessity, and food, utilities, housing, and health care accounted for about 42% of the household expenditure. Luxury spending accounted for about 25% of the overspending by indebted households who spent about 24% of the household expenditure on clothing, entertainment, and private education. Cars (22%) and education (20%) were found to be other major causes of indebted overspending. Paying off debt and durable purchases were identified as the major causes of indebted overspending, but had a low frequency. Finally, the financial status of the four major types of indebted overspending households was evaluated.

A Causality Analysis of Korean Defense Expenditure and Economic Variables (한국의 국방비지출과 경제변수의 인과관계 분석)

  • 김종문
    • Journal of the military operations research society of Korea
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    • v.30 no.1
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    • pp.135-152
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    • 2004
  • Ever since Benoit's(1973, 1978) study, the relationship between defense spending and economic growth has been the subject of extensive empirical works. While a number of studies have reported that higher defense expenditure stimulate economic growth, many other studies have reported that an increase in military burden may hinder economic growth. To the extent that countries differ substantially in socioeconomic structures, the effects of defense spending cannot be generalized across countries. In this paper, Granger causality tests are performed between Korean defense expenditure and economic growth, consumption, investment, inflation and unemployment rate during the period from 1970 to 2002. The results show that Korean defense expenditure did not affect economic growth and unemployment rate. However, Korean defense expenditure caused consumption and inflation to decrease and investment to increase. On the other hand Korean defense expenditure was not Granger-caused by economic growth, consumption, investment, inflation and unemployment rate. In conclusion, the opportunity cost of Korean defense expenditure seemed to be relatively moderate considering Korean security environment. Even if it was not statistically significant, Korean defense burden at least did not bother economic growth.

Housing Expenditure Patterns of Elderly and Nonelderly Households (주거비 지출구조 분석을 통한 노인가계와 비노인가계 비교)

  • 양세화;오찬옥
    • Journal of the Korean housing association
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    • v.12 no.4
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    • pp.53-62
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    • 2001
  • The purpose of this study was to compare the housing expenditure patterns of elderly and non-elderly households. The raw data from the National Survey of Family Income and Expenditure 1996were used for this study. The final sample was 12,007 households. Generally, elderly households tended to spend less on housing expenditure than non-elderly ones. Also the effects of the household characteristics on housing expenditure were significantly different between elderly and non-elderly house holds. the household characteristics significantly effected on housing expenditure of both two house holds were household income, household size, and location of the residence. Occupation, duction, and sex of the head were household characteristics which had more influences on housing expenditure of elderly households.

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