• Title/Summary/Keyword: consumption propensity

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An Analysis of the Household Consumption Expenditure Structure by the Korean Economic-Development Plan Years (한국경제개발 계획년도별 가계소비지출 구조분석)

  • 박선미;김영숙
    • Journal of Families and Better Life
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    • v.10 no.2
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    • pp.1-18
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    • 1992
  • The purpose of this study is to consider the socio-economic development and policy in each five-year economic development plan influences of urban households and to seek a plan of household stability and reasonable consumption expenditure on the aspect of Family economics. Data is based on the "Annual Report on the Family Income and Expenditure survey" of the National Bureau of Statistic Economic Planning Board, Republic of Korea and analyzed as follows: First, in analysis to the structure of consumption expenditure, the averaged percentage of each item to total consumption expenditure is estimated by each Economics Development Plan year. Second, in order to analyze the relative importance value of household consumption expenditure, priority correlation order is derived from comparison of characteristics of household consumption expenditures by multiple regression analysis. Third the patterns of consumption expenditure of salary and wage earner's households in all cities are estimated by the household consumption function, marginal propensity to consume, and income elasticity, according to socio-economic variable, and demographic variable. In the recent Korean economy, income level of household is increased and consumption expenditure level is largely increased because of the execution of economic development plan. But the improvement of income derives the increasment of the consumption needs and over-consumption trend is spread due to the import liberization. And above all, the reasonable household management and economic life are needed.

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A Study of Consumer Characteristics and Climate-friendly Food Consumption Behavior Classified by Food-Related Lifestyle (식품관련 라이프 스타일에 따른 소비자유형별 특성과 기후친화적 식품소비행동 분석)

  • Park, Myungeun;You, Soye
    • The Korean Journal of Community Living Science
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    • v.27 no.3
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    • pp.351-369
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    • 2016
  • Individual lifestyle and eating habits have changed rapidly due to the evolution of society. Especially, climate change caused by industrialization has influenced society, with the result that today's consumers perceive sustainability to be an important value. The purposes of this study were to segment consumers on the basis of their food-related lifestyle and to explore climate-friendly food consumption behavior by considering factors such as moral intensity, propensity for disgust with meat as well as consumer characteristics. The results of this study were as follows: first, consumers were segmented into three groups(high involvement, low involvement, convenience oriented). Consumers in the high involvement group presented a higher level of moral intensity and climate-friendly food consumption behavior than the other groups. Furthermore, factors influencing the selection of climate-friendly food were found to differ according to the type of consumer. Consumers in the high involvement group were found to be significantly influenced by age, concentration of effect, the morality of eating meat and meat texture, while consumers in the low involvement were found to be significantly influenced by social consensus and the morality of eating meat. Finally, consumers in the convenience oriented group for food life were found to be significantly influenced by age, harm perception, and the morality of eating meat.

Impacts of Value Inclination and Self-Expressive Consuming Propensity upon Eco-Friendly Product Purchasing Intention

  • Choi, Beet-Na;Lee, Hyen-Ho;Yang, Hoe-Chang
    • Asian Journal of Business Environment
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    • v.4 no.4
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    • pp.39-49
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    • 2014
  • Purpose - This study classified consumers' value inclination to find out ways to enhance consumers' eco-friendly product purchase intention. Further, it verified the differences among eco-friendly product purchase intentions depending upon value inclination. Research design, data, and methodology - The structured model and hypotheses were established, and 202 copies of effective questionnaires were used. In order to verify the hypotheses, we used single regression analysis, multiple regression, 3-step mediating regression, and path analysis. Results - Individualism had a positive influence upon materialism, need for uniqueness, and face wants, and collectivism had a positive influence upon materialism only. Factors of self-expressive consumption inclination had a positive influence upon eco-friendly product purchase intention, and factors of value inclination also had a positive influence. Finally, self-expressive consumption inclination mediated between value inclination and eco-friendly product purchase intention. Conclusion - Consumers with individualism inclination felt the need to connect the ownership of an eco-friendly product with their extended self and, further, it was clear that not only the government but also enterprises should build up their public image regarding eco-friendly products.

The Study on Consumer in Second Hand Luxury Market (중고(中古) 명품(名品) 사이트의 운영실태(運營實態)와 소비자(消費者) 특성(特性)에 관(關)한 연구(硏究))

  • Kim, Hee-Ra;Shin, Hye-Won;Lee, Jun-guk;Ha, O-Sun;Kim, Tae-In
    • Journal of Fashion Business
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    • v.8 no.2
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    • pp.15-25
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    • 2004
  • The purposes of this study were to review the management systems of internet web sites dealing with 'second hand luxury goods', examine purchasing motives and the level of satisfaction, and identify the differences of consumers' characteristics between purchasers and non-purchasers. 8 representative internet web sites were investigated. And 80 purchasers and 94 non-purchasers were surveyed using questionnaires. The data were analyzed using t-test and frequency analysis. The results were as followings: 1) Most purchasers of second hand luxury goods were women aged 20's. They used internet web sites to purchase real luxury goods more cheaply and were satisfied with their purchase behavior; 2) Both purchasers and non-purchasers of second hand luxury goods got high scores for the self-esteem and the propensity of materialism and conspicuous consumption which were above average. But both of them were less influenced by reference group; and 3) The propensity of materialism and the preference to name brands of purchasers were higher than those of non-purchasers.

A Study on Consumption-Oriented Attitude and Impulsive Buying of High School Students (고등학생의 소비지향적 태도와 충동구매에 관한 연구)

  • Lee, Min-Hee;Hong, Eun-Sil
    • Journal of Families and Better Life
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    • v.27 no.3
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    • pp.15-30
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    • 2009
  • This study explored the level and general propensity of consumption-oriented attitude and impulsive buying behavior of high school students, and clarified factors affecting impulsive buying. The research results can be summarized as follows. 1. The degree of consumption-oriented attitude and impulsive buying behavior of high school students were relatively low. 2. Consumption-oriented attitude was found to have significant differences among students based on monthly allowance, self-esteem, influence of friends, influence of mass media and influence of consumer education at school. Moreover, impulsive buying behavior was found to have significant differences according to sex, level of parents's education, fathers job, monthly household income, monthly allowance, influence of home, influence of friends and influence of mass media. 3. The impulsive buying differed significantly according to consumption-oriented attitude. That is, the group showing a higher degree of consumption-oriented attitude also indicated higher impulsive buying. 4. The variables affecting the level of impulsive buying behavior were the level of consumption-oriented attitude, influence of mass media, influence of friends and sex. In other words, consumption-oriented attitude, influence of mass media and influence of friends had a positive affect, and female students were more apt to impulsive buying than male students.

The Symbolic Consumption in Clothing and Related Factors (청소년들의 상징적 의류제품 소비성향과 관련변수와의 관계연구)

  • 이옥희;홍병숙
    • Journal of the Korean Society of Clothing and Textiles
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    • v.22 no.6
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    • pp.781-792
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    • 1998
  • The purpose of this study was to investigate the factors related to the propensity for symbolic consumption and the effects of materialism, reference group, and social stratification on the symbolic consumption in clothing. Data were administered to 957 adolescence in middle, high school, and college student living in Seoul, Chonju, Sunchon, Yousu, and Kwangyang from May to June 1997. For analysis of the data, frequencies, percentage, means, standard deviation, factor analysis, 1-test, one-way anomia, duncan's multiple range test, and multiple regression analysis were employed. The results of this study can be summarized asfollows. 1) Symbolic consumption, materialism, and reference group were found to have the significant differences according to social stratification groups by objectivemethod. The higher social stratification is, the higher symbolic consumption, materialism, and reference group were. 2) symbolic consumption were proven to have the significant differences according to materiaiism and reference group. The higher materialism and the influence of referencegroup indicated, the higher symbolic consumption. 3)according to the results of the regression analysis examining the relative influences of variables affecting symbolic consumption in clothing, the relative importance of the variables are in order of : the influences of the reference group, materialism, social stratification, status inconsistency type (occupation-income), and their explanatory power totalled 40.0%.

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Consumption Expenditure Patterns and Family Life Cycle (도시 근로자가계의 가족생활주기별 소비지출 분석)

  • 노윤주;이연숙
    • Journal of Family Resource Management and Policy Review
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    • v.1 no.1
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    • pp.27-42
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    • 1997
  • The purpose of this study is to analyze consumption expenditure patterns over family life cycle. The data used in the study is the 1994 Survey data from Annual Report on the Family Income and Expenditure Survey. The study sample included 26,980 salary and wage earners’ households living in cities. The family life cycle was classified into six stages and items of expenditure were classified into 12 categories. Frequency distribution, mean, one-way ANOVA, Scheff test, and regression analysis were used to analyze the data. The major findings of this study are as follows : First, the average consumption propensity differs among family life cycle. Second, the amount and budget share of consumption expenditure for each expenditure category differ significantly among family life cycle in all expenditure categories. Third, family life cycle is found to be a significant factor on expenditure of food and education, and also on budget share of education.

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Setting Poverty Line of Food Away from Home by Comparing of Consumption Pattern among different Social Classes -With a focus on the 1993 Urban Wage Earner's Family- (계층별 수비패턴 분석을 통한 외식비의 빈곤선 설정 -1993년 도시근로자 가계를 중심으로-)

  • 류정순
    • Journal of Families and Better Life
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    • v.14 no.2
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    • pp.277-288
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    • 1996
  • Food away from home consumption pattern difference among 20 different social strata has been observed in order to make judgement how much food away from home expenditure should be included in the 2 tiered poverty line. It was found that it was reasonable to include food away from home expenditure in the minimum living cost. And as social class rose expenditure amount and percentage of consumption compared to total food expenditure increased and income elasticity and margial propensity decreased. Percentage of consumption compared to total expenditure increased up to middle class however from 14/20 and up strata decreased as social strata rose. For 4 members city wage earner family suggested monthly poverty line is 16, 977 and suggested monthly relative poverty line is 60, 651.

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An analysis of the changing trends of kyongjobi expenditure pattern and the related factors of kyongjobi expenditure of urban household (도시가계의 경조비 지출 변화추이와 관련 요인 분석)

  • 박명숙
    • Journal of the Korean Home Economics Association
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    • v.36 no.7
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    • pp.13-24
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    • 1998
  • An analysis of the changing trends of kyongjobi expenditure pattern from 1982 to 1996 and the related factors of kyongjobi expenditure of urban household in 1996 has been performed. Major findings were as follow: An average monthly expenditure was 20,036 won during the period, and the increased rate of monthly expenditure was 5.6 times in the past 15 years which was the twice as much as of the total consumption. The ratio of the total kyongjobi consumption was increased about 2 times during the period, and it was 2.96% in 1996. During the period, an average marginal consumption propensity was 0.0379, and it was dramatically increased from '93 to '94. Average income elasticity was 1.743 during the period and found out that it was luxury goods. The result of Anova and Tobit analysis showed that the level of consumption, number of earners, age and education had positive effect on kyongjobi. And in Seoul area, house owner, male(head of the household), and professionals spent more on kyongjobi than other. The present problems of custom, spending of kyongjobi, were discussed and the change of the custom was urged.

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Cash-Receiving Households' Responses to Covid-19 Transfers (긴급재난지원금 현금수급가구의 소비 효과)

  • Lee, YoungWook
    • Journal of Labour Economics
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    • v.44 no.1
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    • pp.135-167
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    • 2021
  • This paper studies how households who received Covid-19 transfers in cash used their one-time transfers. The transfers were paid in cash for welfare recipient households, which accounted for 12.9% of all households. Using a survey data, it is found that the cash transfers are mostly used for consumption expenditure, and 21.7 percent of the cash transfer used are spent on additional consumption not originally planned. The consumption response to cash transfers is greater in households that experienced job or income loss because of Covid-19.

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