• Journal of the Korean Society of Clothing and Textiles
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• v.23 no.5
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• pp.745-756
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• 1999

The purpose of this study is to investigate the characteristics of the clothing consumption expenditures by the business cycles in Korea during the period of first quarter of 1979 to second quarter of 1998. Business cycles were examined using data GNP from the National Accounts published by the Bank of Korea and clothing expenditures from the monthly statistics of Korea published by the National Statistical Office of Korea. Data were analyzed by regression analysis standard deviation sample cross-correlation coefficient and skewness statistics. The main results are as follows. 1. During the period of 1979.I-1998.II GNP and per-person consumption expenditures for clothing and shoes have continuously increased except during 1980 and the recent depression of the national economy. Clothing expenditures dropped severely during the two recent depression of the national economy. Clothing expenditure dropped severely during the two depression periods. Clothing expenditures were the highest in the fourth quarter and the lowest in the third quarter of the year. 2. According to the results of the regression analysis the business cycles had a significant influence on the clothing expenditures. the volatility of the clothing expenditure was 2.60 times higher than that of the business cycles. 3. Clothing expenditures displayed procyclical fluctuation and coincident movement to the business cycles. Also clothing expenditures showed an unsymmetric behavior over the expansion phases and contraction phases of the business cycles. That is the clothing expenditures increased slowly in the expansion phases and decreased quickly and severely in the contraction phases of the business cycles.

• Journal of the Korean Society of Clothing and Textiles
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• v.21 no.5
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• pp.889-902
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• 1997

During the past three decades, there have been drastic changes in many fields in Korea. Social and economic changes which occurred meantime have influenced clothing expenditures of Korean consumers. The purpose of this study was to investigate the change of clothing expenditures and its determinants in Korea during the period of 1965 to 1993. In particular, the impacts of income and price on clothing expenditures were examined using data from the National Acccounts published by the Bank of Korea as well as Urban Household Economy Survey published by the Bureau of National Statistics. Per-person consumption expenditures for clothing and shoes (CSX) in permanent price generally increased in accordance with the increase of income since 1965. From 1978 to 1984, however, there was a slight decrease in clothing expenditures in spite of the continuous increase in income, due to the depression of national economy. The proportion of CSX in total consumer spendings has decreased continuously since 1978. In recent years, CSX take only 5% of national aggregate consumption expenditures, while consumption expenditures of urban consumers is 8%. The expenditures for traditional clothing and fabrics for home- sewing decreased most. The results of this study should provide a broader view of the pattern of clothing consumption by Korean consumers. Moreover, the findings can suggest how social and economic changes of a society affect consumers' clothing expenditures.

• Journal of the Korean Society of Clothing and Textiles
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• v.29 no.2
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• pp.199-209
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• 2005

The purpose of this research is to examine the effect of the 1997 economic crisis on Korean households' clothing expenditures at different incom levels. The raw data sets from the Family Income and Expenditure Survey of 1994, 1996, 198, and 2000 produced by the National Statistical Office were used. Based on their income data, subjects were divided into three groups: upper-income (upper 30%), low-income(lower 30%), and middle-income (the 40% in between). The main results are as follows : 1) the income, consumption expenditures (ConE) and clothing expenditures (CloE) of Korean households increased in 1996, decreased in 1998 and recovered in 2000. Although the proportion of ConE to income increased after the economic crisis, CloE/ConE decreased. Clothing expenditures displayed an asymmetric pattern over the economic crisis : the clothing expenditures decreased severely and quickly during the groups. 2) Compared to other household expenditures, clothing expenditure patterns were unique and of clothing categories, the propottion of expenditures for outwear decreased considerably compared to other categories after the economic crisis.

• Journal of the Korean Society of Clothing and Textiles
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• v.21 no.7
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• pp.1139-1152
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• 1997

Clothing consumption expenditure (UX) data of Korean consumers during the period of 1965 to 1993 were analyzed by time series analysis technique. According to the results of regression analysis, current income and UX of the year before showed most significant influences on the current UX. This means that the absolute and permanent income hypotheses can be accepted in case of clothing expenditures. However the effect of income decreased as the economy developed. The relative price of clothing had weak or no influence on clothing expenditures. It was also found out that CSX of the year before, the change of income, relative price of clothing ware the factors that affected clothing expenditures. From the estimation of Houthakker-Taylor state adjustment model, a negative stock coefficient was obtained. That is, clothing is subject to an inventor effect and Korean consumers regard clothing as one of the durable goods. To define whether clothing is a "luxury" or a "necessity", income and relative price elasticity of clothing expenditures were estimated. Income elasticity of clothing is slightly below 1.0 in case of national aggregate expenditures, and slightly above 1.0 in case of urban consumers' expenditures. Income elasticity has declined over time. Meanwhile the coefficient of price elasticity is not significant, indicating that the relative price of clothing have little connection with clothing expenditure.lothing expenditure.

• Journal of the Korean Society of Clothing and Textiles
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• v.36 no.12
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• pp.1285-1296
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• 2012

This study investigates the effects of changes in price, total consumption expenditures and economic sitations on Korean household demands for clothing and footwear using time-series data. The clothing and footwear category was reclassified as clothing, footwear and clothing services items for the demand analysis. This study utilized the Linearized Almost Ideal Demand System (LAIDS) model to analyze household demand. The results indicate that price and total consumption expenditures are significantly related to Korean household consumption expenditure allocations for clothing and footwear items. The effects of the IMF bailout crisis in 1997 and the global financial crisis in 2008 on household expenditure shares for clothing and footwear items were very weak and statistically insignificant. All the demand elasticities were estimated with respect to total consumption expenditures and prices. Clothing was expenditure elastic (greater than one) and other items were classified as inelastic. All the own price elasticities of demands were negative (other than clothing). Through the estimations of cross price elasticity the relationships between the demands for items and other item prices were evaluated (i.e., substitutes and complements).

• Journal of the Korean Home Economics Association
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• v.35 no.4
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• pp.1-14
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• 1997

The purpose of this study was to investigate the effects of consumer's status type (status consistency and status inconsistency) on clothing expenditures. Data were obtained from Urban Household Economy Survey published by the National Statistical Office. Multiple regression analyses of variance and Scheffe tests were4 utilized in this study. The effect of the status inconsistency was categorized by three variables such as education occupation and income levels of households. The overprivileged status group which had higher levels of income than the levels of occupation of education spent most on clothing whereas the underprivileged status group which had higher levels of income than the levels of occupation of education spent least on clothing. This study showed that there were significant differences in clothing expenditures among status groups classified by levels of income and education or by levels of income and occupation. Among status group classified by levels of education and income there was a significant difference in clothing expenditures between overprivileged status group and underprivileged status group. In conclusion income has the strongest effect on the clothing expenditures. The results of study can help to understand consumer buying behavior and also give insights of marketing strategy in the apparel industry.

• Journal of the Korean Home Economics Association
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• v.27 no.4
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• pp.21-39
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• 1989

This paper is to determine the clothing and footwear of urban household consumption expenditures and an analysis of historical data from relevant literature. Particularly, time-series and cross sectional analysis techniques are adopted in analysing the patterns of clothing and footwear consumption expenditures of urban households. Finally, this paper estimates consumption expenditures in the future by comparing these revealed data with the Korea and Japan. Annual Report on the family Income and Expenditure Survey and M.R.A. in S.P.S.S. were used. The results can be summarized as follows: 1. The proportion of the clothing and footwear expenditure has decreased with the increase of income in urban household during 1976-1987. 2.1) Household consumption function by Income group, the Lower group is higher than the other group. 2) Household consumption function by Occupation of household head. Income elasticity estimation in administrative managerial workers is higher than the other group. 3) Household consumption function by Family size. Income elasticity estimation in 6 Persons is higher than the other group. But 4 Persons is higher in 1986. 4) Household consumption function by Age of household head. Income elasticity estimation in 50 Years and over is higher than the other group. 3. Comparison of characteristics of clothing and footwear consumption expenditures in Korea and Japan were M.R.A. Generally, the priority correlation order for Korea is Outwear, Sweaters and Shirt, Other clothing. For Japan, the order is Sweaters and Shirts, Underwear, Services.

• Journal of the Korean Home Economics Association
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• v.44 no.6 s.220
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• pp.163-174
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• 2006

The purpose of this research was to examine the level and trends in household clothing expenditure in Korea. Raw data sets produced by the National Statistical Office from the Family Income and Expenditure Survey from 1991 to 2004 were used to support time-series and cross-sectional analyses. The clothing expenditures decreased severely and quickly during the economic crisis of late 1997 through 1998, then increased slowly after the economic crisis until 2003, only to slightly decrease again in 2004. The ratio of clothing expenditure to total household expenditure decreased from 8.03% in 1991 to 5.11% in 2004. This decrease in relative clothing expenditure was greater in the lower income group than in the middle and high income groups. Clothing expenditure patterns were unique and differed from other household expenditures. Although the economic crisis in the late 1990s affected Korean consumers' clothing expenditure, clothing expenditure patterns showed a more fundamental and structural change from 1991 to 2004, with the overall decrease in such expenditure resulting from the concurrent increase in educational and information-communication related expenditures. Clothing expenditure was shown to be luxurious through cross-sectional analysis, but necessary through time-series analysis.

• Journal of the Korean Society of Clothing and Textiles
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• v.28 no.7
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• pp.939-949
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• 2004

The purpose of this study was to analyze clothing expenditure patterns of urban, rural/farm, and rural/non-farm households. A sample of 23,994 households was selected from the 1996 National Survey of Household Income and Expenditure, and 1996 Farm Household Economy Survey. Frequency and regression analyses were used. Major findings were: 1) clothing expenditure of rural/farm households were significantly lower than that of urban and rural/non-farm households; 2) in terms of clothing expenditure by categories, urban and rural-non-farm households have similar expenditure pattern; 3) clothing expenditures relative to income were lower than 1 for all three groups; 4) clothing expenditures relative to total income for urban and rural/non-farm households were higher than 1, while that for rural/farm households was lower than 1; 5) a major factor explaining clothing expenditure differences between urban and rural consumers was the household head＇s occupation.

• Journal of the Korean Home Economics Association
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• v.35 no.1
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• pp.415-428
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• 1997

In the present study we examined clothing expenditure patterns and related variables in Korea. In addition we analyzed the differences of clothing expenditure patterns between overall overspenders and non-overspenders. We use the Family Income and Expenditure Study published by the National Statistical Office of Korea. Double logarithm functional forms were used to adjust the normality of sample distribution and multiple regression analyses and t-test were utilized as a statistical tools. The present study was divided into four folders. First the income elasticity of clothing expenditures was examined by different groups such as age job and education levels of households as percentage change of clothing expenditures to a percentage change of income. Second to analyze the effects of demogtraphic and socio-economic variables on clothing expenditure we utlized the standardized coefficients in the separate regression equation by demographic and socio-economic variables. Third using spending to income ratio we investigated the differnces of the clothing expenditure patterns between overall overspenders and non-overspenders. Fourth the effects of independent variables by ovespenders and non-overspenders werediscussed.