• Title/Summary/Keyword: Private Consumption

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The Burden of Private Educational Expenditure and Consumption Expenditure (사교육비 부담과 가계의 소비지출)

  • Lee Seong-Lim
    • Journal of Families and Better Life
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    • v.23 no.3 s.75
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    • pp.63-76
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    • 2005
  • Using the data from the Family Income & Expenditure Survey, this study investigated (1)the factors determining the level of burden of the private educational expenditure in households; (2) the influences of the level of the burden of private educational expenditure on the other household expenditures. For the analysis of data Chi-square, GLM, Multinomial legit, and Seemingly Unrelated Regression were applied. The major findings were: (1) The factors associated with the burden of private educational expenditure were the number of students by each of the school levels, housing tenure, location of residence, educational attainment of householder; (2) Households with the lower level of burden of the private educational expenditure adjusted the allocation of the expenditure shares of food, utility, and transportation and did not reduce the levels of consumption. Households with the higher level of burden of the private educational expenditure adjusted the extensive ranges of the household expenditure shares and reduced the levels of consumption.

The Relationship between Household Income, Consumption Wants for Education, Private Education Expenses, and Old-Age Economic Preparation Behaviors in Mothers with School-Aged Children (학령기 어머니의 가계소득, 교육소비욕구 및 사교육비와 경제적 노후준비행동 간의 관계)

  • Lee, Na-Young;Jang, Yoon-Ok;Jeong, Seo-Leen
    • Journal of Family Resource Management and Policy Review
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    • v.20 no.1
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    • pp.159-182
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    • 2016
  • The purpose of this study was to investigate the relationship between household income, consumption wants for education, private education expenses, and old-age economic preparation behaviors in mothers with school-aged children. The participants in this study comprised 393 mothers living with children aged 8.19 in Daegu. All participants had wage-earning husbands. A questionnaire was used to collect the data. Factor analysis was conducted using SPSS and structural regression analysis was performed using AMOS. The main results of this study were as follows: The participants' old-age economic preparation behaviors were influenced by their household income, the proportion of private education expenditures they paid, and the perceived burden the participants had of these private education expenditures. The consumption wants for education in mothers with school-aged children had no significant impact on the proportion of private education expenditures paid by the participants. Household income, proportion of private education expenditures, and perceived burden of the private education expenditures had a direct effect on the old-age economic preparation behaviors of the participants. When the perceived burden of the private education expenditures was mediated, the consumption wants for education in mothers with school-aged children had an indirect effect on their old-age economic preparation behaviors.

Money Management Behavior According to Consumption Value for Adolescent Consumer

  • Heo Yeong Sook;Lee Seung Sin
    • International Journal of Human Ecology
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    • v.5 no.2
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    • pp.93-110
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    • 2004
  • The purpose of this study is to investigate the money management behavior according to the consumption value for consumers, especially for adolescents. Using 502 samples of middle school adolescents, a survey was conducted from May 10 to May 20, 2004. The main results were as follows: 1) The consumption value for adolescent consumers was categorized conspicuous-consumption value, brand-oriented value, mental-oriented value and advertising-dependent value. 2) Female adolescent, with more private spending money, with mobile phone, with importance on brand when purchasing mobile phone, paying more for using mobile phone, having conspicuous-consumption value, with more importance for brand when purchasing mobile phone and having more advertising-oriented value. Adolescent consumers with less private spending money, less payment for mobile phone and having mental-oriented value. 3) Female, with more educated mother, with less spending private money and having better money management behavior. 4) With less conspicuous-consumption value, more mental-oriented value, adolescent consumers have better for money management behavior.

Real-time private consumption prediction using big data (빅데이터를 이용한 실시간 민간소비 예측)

  • Seung Jun Shin;Beomseok Seo
    • The Korean Journal of Applied Statistics
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    • v.37 no.1
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    • pp.13-38
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    • 2024
  • As economic uncertainties have increased recently due to COVID-19, there is a growing need to quickly grasp private consumption trends that directly reflect the economic situation of private economic entities. This study proposes a method of estimating private consumption in real-time by comprehensively utilizing big data as well as existing macroeconomic indicators. In particular, it is intended to improve the accuracy of private consumption estimation by comparing and analyzing various machine learning methods that are capable of fitting ultra-high-dimensional big data. As a result of the empirical analysis, it has been demonstrated that when the number of covariates including big data is large, variables can be selected in advance and used for model fit to improve private consumption prediction performance. In addition, as the inclusion of big data greatly improves the predictive performance of private consumption after COVID-19, the benefit of big data that reflects new information in a timely manner has been shown to increase when economic uncertainty is high.

A Time-Series Analysis on the Household Educational Expenditure (가계의 교육비 지출에 관한 시계열 분석)

  • 이성림
    • Journal of the Korean Home Economics Association
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    • v.40 no.7
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    • pp.101-118
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    • 2002
  • This study examined the levels and trends in the household expenditure in both public and private education. Between 1982 and 2000, the level of the total educational expenditure increased by 5% in each year on average, increased by 2.2% for public education, and by 11.4% for private education. On the public educational expenditure, the consumption expenditure elasticity was 0.2 and the price elasticity was 1.49. On the private educational expenditure, the consumption expenditure elasticity was 1.5 and became below 1 after 1998, and the price elasticity was 2.63. The results indicated that the educational expenditure was necessary rather than luxurious and there was excess demand for private education. The level of the educational expenditure would continue to increase without reforms both in the supply and demand sides.

The difference of the effects of private tutoring expenditure on the change of consumption structure of households depending on income bracket (소득계층별 사교육비 증가에 따른 가구의 소비지출 변화)

  • Baek, Hakyoung;Ahn, Seo Yeon
    • 한국사회정책
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    • v.19 no.3
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    • pp.9-47
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    • 2012
  • The purpose of this study is to analyse the change of consumption structure of households due to spending on private tutoring, then analyse the difference of change depending on income bracket. The results of the study show that the proportion of private tutoring spending of poor households is relatively higher than high or middle income households although the amount is smaller than them. The consumption items adjusted by the change of private tutoring spending are different depending on income level, and adjustment possibility of them of poor households is very lower than other classes. These show their risk of insufficient consumption of food, clothing, and shelter is high. The burden of private tutoring spending of the poor increase the economic insecurity, therefore various supportive approaches such as improvement of the quality of public education, economic support the poor suffering from the burden of private tutoring spending are necessary to prevent the latent problems of the poor and their children.

The Expenses of Private Educations and Economic Preparations for Old Age According to Household Income and Consumption Wants for Education in Mothers with School-aged Children (학령기 어머니의 가계소득과 교육소비욕구에 따른 사교육비와 경제적 노후준비)

  • Jang, Yoonok
    • Journal of Families and Better Life
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    • v.31 no.5
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    • pp.211-231
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    • 2013
  • The purpose of this study was to analyze the differences in the expenses of private education and the economic preparations for old age according to household income and consumption wants for education in mothers with school-aged children. The data used in this study were collected from 416 mothers with school-aged children aged 8 to 19 years old living in Daegu. The data analysis methods adopted for the study were two-way ANOVA and Scheff$\acute{e}$ test. The results of this study were as follows: First, there were differences in the private education expenditure according to the household income and the consumption wants for education in mothers with school-aged children. In the group of mothers of low household income, the mothers with high consumption wants for education spent more money on academic education and music, fine arts or physical education than the mother's with low consumption wants for education. On the other hand, in the group of mothers of high household income, the mothers with low consumption wants for education spent more money on academic education and spent less money on music, fine arts or physical education than the mothers with high consumption wants for education. There were no meaningful differences in the group of mothers of middle household income. Second, there were differences in the perceived burden of private education expenditure according to the household income and the consumption wants for education in mothers with school-aged children. In the group of mothers of middle household income, the mothers with low consumption wants for education perceived there was a higher burden for private education expenditure than the mothers with high consumption wants for education. Third, there were differences in the expenditure preparation for old age and the economic preparation behavior for old age according to the level of household income. The mothers with high household income spent more money on preparation for old age and did well in economic preparation behavior for old age than the mothers with middle and low household income.

The Effects of Self-Consciousness and News Consumption on Facebook

  • Lee, Mina;Yang, Seungchan
    • Journal of Internet Computing and Services
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    • v.21 no.1
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    • pp.87-93
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    • 2020
  • The popularity of social media has led to a variety of communicative behaviors among users. This study targeted Facebook as a representative social medial platform because it has the most subscribers in order to investigate factors that influence Facebook usage. In particular, because a person's behavior is based on how they are perceived by others, self-conscious behavior was examined in the study. Facebook usage and news consumption were examined to ascertain the effects of self-consciousness. An online survey was conducted to examine how private SC and public SC (SCs), affects Facebook usage (profiles and writing posts) and news consumption (clicking "like" and sharing news). 616 participants completed the survey, and results indicated that public SC was positively related to the degree of profile updating and post writing. On the other hand, private SC was positively related to the degree of news sharing. These results suggest that psychological elements significantly predict a user's behavior on Facebook.

The Analysis on Social Happiness and Macroeconomics Variables (사회복지에 대한 거시경제 판단지수의 예측 가능성에 관한 소고(小考))

  • Kim, Jong-Kwon
    • Proceedings of the Safety Management and Science Conference
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    • 2009.11a
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    • pp.387-397
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    • 2009
  • In these OECD countries, left-wingers Government focus on unemployment, but right-wingers Government cares more about inflation. It is that inflation and unemployment don't have differential effects across rich and poor and the happiness levels of these two groups are unaffected by identity of the Government in power. The poor people choose to left-wingers Government, but rich people prefer to right-wingers Government. I estimate whether above opinion is correct or not. Especially I check how my results change when I control for aggregate economy activity and government consumption, two variables that could be correlated with inflation and unemployment and affect each Government's happiness differentially. This paper, and I believe much of the happiness literature, can be understood as an application of experienced utility, a conception that emphasis the pleasures derived from private consumption and sentiment of it. In Granger Causality test, private consumption sentiment index related with industrial production interactively in Korea. The business cycles affect on private consumption sentiment index.

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A study based on question on consciousness of electrical safety in electrical facilities for private use (자가용 전기설비 수용가의 전기안전의식에 대한 설문조사)

  • Kim, Sun-Gu;Bae, Seck-Myung;Haung, Gaung-Su;Yi, Geon-Ho
    • Proceedings of the Korean Institute of IIIuminating and Electrical Installation Engineers Conference
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    • 2005.05a
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    • pp.394-397
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    • 2005
  • In korea, the power consumption is increasing every year because of economic growth, requiring of convenience and delightfulness condition. As increasing power consumption, Private Use is steadily increasing and the rate of electrical accident is increasing. Therefore we research the electrical safety culture of our people by the survey of electrical safety. The subject to investigation is possessor, occupier of Private Use and electrical safety manager. This paper will be used to base data for the protection of electrical accident and facility accident at Private Use

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