• Title/Summary/Keyword: household economy

Search Result 214, Processing Time 0.032 seconds

Mobilizing Informal Economic Sector to Uphold Urban Institutional Resilience: A Case Study of Rawalpindi, Pakistan

  • RIAZ, Tayyaba;WAHEED, Abdul;ALVI, Shahzad
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.9 no.5
    • /
    • pp.397-407
    • /
    • 2022
  • The informal economy is a large part of the urban economy. The informal economy accounts for about half of Pakistan's GDP. This research examined nine different areas of Rawalpindi's Central Business District's business sector (CBD). A survey of 404 respondents from 16 CBD marketplaces enables a comprehensive examination of who works in the informal and formal economic sectors, how much they earn, their goals, perception of their job, and their degree of similarity to the rest of the working population. Furthermore, the statistics illustrate the pro-cyclical connections between the informal economic sector and the formal economy. The Multinomial Logistic Regression (MLR) technique is used for the analysis. The MLR results indicated the informal economic sector holds positive relation with earning members in a family, business expertise, average business sale, and negative relation with education level, satisfaction with government tax policies, household expense, and average investment in the business. From a resilience standpoint, governance is considered an intentional collective action to preserve a stable system condition. Hence, the current study recommends tax reforms and government institution reorganization to mobilize the informal sector and make effective institutional governance.

Changes in Family Life and Relationships during the COVID-19 Pandemic and their Associations with Perceived Stress (코로나19 확산에 따른 가족생활 및 가족관계의 변화와 스트레스)

  • Chin, Meejung;Sung, Miai;Son, Seohee;Yoo, Jaeeon;Lee, Jaerim;Chang, Young Eun
    • Human Ecology Research
    • /
    • v.58 no.3
    • /
    • pp.447-461
    • /
    • 2020
  • This study explores how the COVID-19 pandemic has changed family life and relationships as well as how these changes affect perceived stress among married men and women. This study investigated changes in family time use, household work, child care, leisure activities, income and expenditures along with relationships between spouses and children using a sample of 627 married persons surveyed online from May 19 to 25, 2020. The results showed that the amount of time spent on household work, child care, and family leisure have increased and that the perceived burden of household work and child care has also increased. Gender differences were found in time use, household work, and child care. Leisure activities have changed toward more time watching TV or online media and playing online games and less time on outdoor activities, shopping, and meeting friends. About 38% of respondents reported a reduction in household income and 22% reported an increase in household debt. The majority experienced no change in the quality of relationships with spouses and children, approximately 20% of the sample reported a positive change in relationships with spouses and children. The findings of multivariate regression indicated that change in work time, negative change in household economy, negative change in household work and negative change in relationships with spouses were associated with marital stress. However, this study found that negative changes in child care and in relationships with children did not affect stress among married parents with children in elementary or secondary school.

Analysis of consumption expenditure in urban household budgets -Using time series data- (도시 노동자가계의 소비지출분석 - 時系列 자료를 중심으로-)

  • 김정숙
    • Journal of Families and Better Life
    • /
    • v.10 no.2
    • /
    • pp.19-36
    • /
    • 1992
  • The purpose of this paper is to analyze empirically the tendency of household consumption expenditure according to the change of social and economical condition, and the factor which influences consumption expenditure of urban household. The data used in analysis are time-series. The data are statistic form Urban Household Economy Survey published by the Economic Planning Board, dating form the first quarter of 1970 to the fourth quarter of 1989. The income of household and consumption expenditure materials were deflated as consumer price index to exclude the influence of prices and the influence of household composition are considered to deflated as the size of the household under assumption of homogeneity. The consumption expenditure items were categorized to 12 relatively large range items. The time-series data were analyzed by using the Two Stage Least Squares and the Ordinary Least Squares. The following is the result of analysis. 1) Rather than the income increase of previous years. the average income increase for two years influences more significantly on consumption expenditure of household. In the case of influence on consumption expenditure for each item by increase in disposable income, such categories as furniture and utensils. clothing and footwear, housing, medical care, culture and recreation, and transportation and communication have significant influence. 2) Among consumption expenditure categories, the increasing factors were furniture and utensils, and clothing and footwear. And the decreasing factors were housing, medical care, culture and recreation ,and transportation and communication. The relative prices, however, had significant influence on categories such as housing, furniture and utensils, medical care , culture and recreation, and transportation and communication and all of them were the decreation factors. 3) Among with changes of social and economical conditions, miscellaneous showed the highest increase in marginal propensity to consume and foods was the lowest. Also culture and recreation and housing brought up a great change of the income elasticity of demand.

  • PDF

A Household Model for Economic and Social Studies with a Special Reference to Saving function of Korea (인구 변동의 경제적 사회적 영향에 관한 연구 -가구 구성의 변화가 한국의 가계저축율 변동에 미치는 영향을 중심으로-)

  • 송위섭
    • Korea journal of population studies
    • /
    • v.18 no.2
    • /
    • pp.115-168
    • /
    • 1995
  • It is a common wisdom that the long-term economic development of Korea chiefly depends not only on the steady increase of the capital formation but also on the stable increase of the national saving. And also it is a widely accepted opinion that household saving plays a significant role for the smooth supply of investment funds. For the empirical analysis on the determining factors of household saving, consumption function of the household of Korea was utilized indirectly. The reason is that consumption function is regarded as a stable function whereas saving function is considered to be an unstable function of the relevant independent variables. In order to carry out the regression process of the consumption functions, data on the family income and expenditure survey and the farm household economy survey was used. The regression result could be summarized as follows : Firstly, household income and the number of the employed in the household have the negative effect in determining the consumption ratio of the Korean households. On the other hand, ages and the educational attainment of the household heads as well as the number of the household members have the positive effect. During the early part of 21st century, the consumption ratio of the Korean households is expected to be decreased because of the increasing trend of household income, and the ever increasing number of the employed member of the household based on the increasing trend of the labor force participation rate of women and the decrease of the average size of the number of household members owing to widespread nuclear family system. On the other hand, the consumption ratio of the household of Korea is expected to be increased because of the continuous increase of the average ages of the household heads caused by the population aging phenomena and improvement of the educational attainment of the household heads. But on the whole, household saving ratio is expected to be increased owing to the secular downward trend of the consumption and therefore no significant difficulties are anticipated for the smooth provision of investment resources needed to have long-term economic progress of Korea.

  • PDF

The Effect of Adolescents' Parents' Role Expectation and Role Performance on Parents and Children's Relationship (청소년이 지각한 부모 역할기대와 역할수행이 부모-자녀관계에 미치는 영향)

  • Park, Sang-Bin;Jeon, Gwee-Yeon;Bae, Moon-Jo
    • Journal of Families and Better Life
    • /
    • v.29 no.5
    • /
    • pp.85-105
    • /
    • 2011
  • The purpose of this study was to investigate the variables on adolescents' perception of parents and children's relationship. Independent variables were the expectation of the parents' role, role performance by adolescents' perception and socio-demographic variables. In order to achieve this purpose, the survey was taken by 758 adolescents (middle & high school students) from Daegu. The data were analyzed by frequency, percentage, mean, Factor Analysis, Cronbach's ${\alpha}$, Pearson's correlation coefficient, Multivariate Analysis of Variance, Scheffe test for post hoc, and Multiple Regression. The major findings were: 1) Role expectation had significant differences in the grade, gender, birth order, father's level of education, father's job, mother's age, and household economy of socio-demographic variables. Role performance showed significant differences in the grade, gender, father's age, parents' level of education, father's job, and household economy of socio-demographic variables. 2) Adolescents' perception of parents and children's relationship was affected by role expectation and role performance.

The Importance of Financial Literacy: Household's Income Mobility Measurement and Decomposition Approach

  • MONSURA, Melcah Pascua
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.7 no.12
    • /
    • pp.647-655
    • /
    • 2020
  • This study introduced income mobility analysis using pseudo-longitudinal panel data from Family Income and Expenditure Survey (FIES) to consider the dynamic process of individual's well-being through time. Since there is no comprehensive measurement of income mobility because of its dynamic process, various income mobility indices such as Chi-square, Average Jump Index, Atkinson et al. Mobility Ratio, and Shorrocks' Mobility Index were used. These indices revealed that Filipino households' income movements are more mobile than expected, and their income status improved from 2000 to 2015. As income mobility takes place, income inequality is reduced by 91.80 percent (91.80%). Furthermore, the growth effect is the main factor of income mobility. This indicates that households took the economic opportunities from economic growth to earn more. However, income mobility due to transfer effect (transfer of income from one household to another through lottery winning and borrowing) increased when the economy is not good. The higher income mobility due to growth effect compared to transfer effect, whether the economy is good or bad, means that households learned how to use their income in savings, investments, and entrepreneurship. This is the result of a successful financial literacy program of the government wherein households realized financial stability and security.

On The Consumption Expenditure Distortion among Different Income Classes: Evidence from South Korea and Japan

  • Lee, Jum-Soon;Yamamoto, Masashi
    • Asia-Pacific Journal of Business
    • /
    • v.3 no.2
    • /
    • pp.34-41
    • /
    • 2012
  • The aim of this paper is to depict the social problems common to South Korea and Japan by comparing their consumption behaviors. For that purpose, we utilize the Survey of Household Economy of both countries and attempt to determine the similarities and differences between the two countries. Our empirical analysis revealed the following. First, although both countries are aging, the first quartile (the poorest in under the definition in this paper) in South Korea has aged more rapidly than in to Japan. As the wages in these two countries formerly increased with age, this substantial divergence in the age composition in the poorest quartile is a remarkable change and suggests that income inequality has been more widely spreading out in South Korea than in Japan. Furthermore, the education expenditure ratio in South Korea is statistically significant for higher income level, while this is not the case in Japan. If the opportunity for better education is dominated by wealthier households, the prompt implementation of a policy to break this vicious circle is necessary in South Korea.

  • PDF

Changes of Land-Use Policy in Rural China (1980년대 후반 이후 중국 농촌 토지제도의 변화)

  • Moon, Soon-Cheol
    • Journal of the Korean Geographical Society
    • /
    • v.31 no.3
    • /
    • pp.558-576
    • /
    • 1996
  • Since 1978. China has progressed her reforms of her economy. In this process, refroms in rual area have been operated with top priority. The system of collective economy had been changed into that of private economy. Rural farming and land-use system had been changed also. The household responsibility system took the place of a People's Commune. That was the system that could inspire farm-household with a will to work, and hence, increase the productivity of agriculture. However, with the developement of market mechanism in the later 1980s, that system got inadequate to new situation. For instance, incentives of a will to work slowly decreased, agricultural productivity did not increase, and labor forces were tremendously transferred to non-agricultural sector. This situation created the demand for a new system of rural land policy and use. This paper intends to describe changes of new system of land use in rual China. Those changes are as follows. 1. The system of land-circulation has been spread widely. 2. 'Liangtianzhi' (the system of two kind land-use) divided the land into two kinds, 'kouliangtian' (the land of food) and 'zerentian' (the land of obligation). The one is allocated in proportion to the per capita, and to support farm-household' and function, the other is allocated in proportion to the labor force, in order to increase the commercial function of land. 4. 'Guimojingying' (management of scale): For overcomint the disadvantage of dispersal of land, the relative concentration of land was required. 4. 'Gufenzhi' (a joint-stock system) is practised for the purpose of establishing clear-cut lines of land ownership. 5. 'Sihuangpaimai' (auction the use right of four kinds of wasteland) is for full-using of the wasteland. It can be apprehended that these systems and policies were the process of adaption to market mechanism. In these, rural China could escape form the disorder due to rapid changes, and overcome the existing contradiction.

  • PDF

The Need for Healthy Families Education in Home Economics Subject of High School Students (고등학생의 가정과 교과에서 건강가정에 관한 교육 요구도)

  • Kim, Myung-Cha;Chang, Ji-Yeon
    • Journal of Korean Home Economics Education Association
    • /
    • v.18 no.4 s.42
    • /
    • pp.143-156
    • /
    • 2006
  • The aim of this study was to examine the need for healthy families education in home economics subject. This study also purposed to find new education direction of healthy families education in home economics subjects helpful in leading healthy family life and provide basic data for organizing curriculum suitable to the purpose. The subject of this survey was targeted for 550 girl and boy juniors of high schools located in Seoul and the Capital area, and data were collected through questionnaire survey. The result of this survey is summarized as the following: First, Boy students need for healthy families education in home economics subject of high school students was 3.63, Girl students need for healthy families education in home economics subject of high school students was 3.66. Boy students needed was 'marriage and becoming parents', the highest need, followed by 'methods to talk with families', 'management of nutrition', 'household economy', 'management of clothes and residence', and 'home culture', Girl students needed was 'marriage and becoming parents', the highest need, followed by 'methods to talk with families', 'management of nutrition' 'home culture', 'household economy' and 'management of clothes and residence'. The need for healthy families education in home economics subject of high school students was 3.64, over the middle level. The area students needed was 'marriage and becoming parents', the highest need, followed by 'methods to talk with families', 'management of nutrition', 'household economy', 'management of clothes and residence' and 'home culture'. Second, the need for healthy families education in home economics subjects of high school students based on family background showed significant difference depending on department of school, family type, parents' academic background, parents' occupation and monthly household income.

  • PDF

The Attitude of Family Economic Management in Urban and Rural Household (도시와 농촌주부의 가정경제관리태도에 관한 비교연구)

  • 서병숙
    • Journal of the Korean Home Economics Association
    • /
    • v.19 no.2
    • /
    • pp.89-105
    • /
    • 1981
  • The aim of this study is to analyze the attitude of family economic management in urban and rural household and how it effect to each household. It was investigated the attitude of housewife for the family economy planning purchase, consumption and utilization of the resources by questionnaire. For the analysis, usable respones(410 from urban and 264 from rural housewife) were verified. The result of investigation if as follows ; 1. the housewives in urban and rural have attitude of purposal purchase in general. the information for the new products and prices are usually got6 by mass media. the urban wives keep records more than rural housewives. 2. They have reasonable behavior in purchase but when they select the goods, urban housewives prefer to the goods made by well-known company and rural housewives consider the prices. Otherwise the rural housewives take more the cooperative buying than urban housewives. 3. In urban they save some money regularly but in rural they can rarely save. the housewife manages all money for living expenses in urban, but in rural they do not so. 4. Human resources and nonhuman resorces are utilized in rural house better than the urban but especially household equipments are not used completely in both case.

  • PDF