• Title/Summary/Keyword: Urban households' Alcoholic expenditure

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Urban Households' Purchase and Expenditure Decision Factors of Alcoholic Beverages (주류에 대한 도시가계의 구매결정과 지출결정요인)

  • 허은정
    • Journal of the Korean Home Economics Association
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    • v.41 no.5
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    • pp.1-13
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    • 2003
  • This study examined the determinants of urban households' expenditures on alcoholic beverages, using double-hurdle models to distinguish between the decision to purchase (purchase decision) and the decision of how much to consume (expenditure decision). Data for this study were drawn from the 2000 Korean Household Income and Expenditure Survey. Households were likely to purchase alcoholic beverages with increasing of household income, tobacco expenditures, and household size. The age, sex, marital status, occupation, education level, type of house ownership, residing city were significantly related to the purchase decisions. Among those households which drink, as household income and tobacco expenditures increase, the age, sex (male), marital status (married), and education level of a household-head, house ownership, residing city (Seoul) were positively related to and the presence of young children were negatively related to the expenditure level of alcoholic beverages.

A System-wide analysis of Korean urban households' alcoholic demand (도시가계의 주류 소비지출 분석)

  • 김원년
    • Korea journal of population studies
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    • v.25 no.2
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    • pp.271-291
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    • 2002
  • According to a system-wide analysis utilizing the raw data of Korean urban households survey, the expenditure elasticity estimate of alcoholic demand is around 0.71, which implies the demand for alcoholic consumption is relatively necessary The own price elasticity estimates are pretty elastic between -1.79 and 2.10. The trend of price elasticity estimates shows to be more elastic recently from the past.