• Title/Summary/Keyword: the household income and expenditure survey

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Income-Consumption and Inequality Structural Changes in the Agricultural Economy (농가경제의 소득-소비와 불평등 구조 변화 분석)

  • Ha-Young Jeong;Ye-Jin Song;Duk-Byeong Park
    • Journal of Agricultural Extension & Community Development
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    • v.30 no.4
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    • pp.229-241
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    • 2023
  • This study aims to examine the farm household income and consumption structure change as well as farm income inequality. Data from the Agricultural Household Survey for the years 2016, 2021, and 2022 were hired to analyze farm income inequality by the Gini coefficient decomposition method. Results show that from 2016 to 2021, all income quintiles exhibited an increasing trend, but in 2022, income decreased across all quintiles. As a result of analyzing farm household consumption expenditure, consumption expenditure increased in all income quintiles in 2021 and 2022 compared to 2016, but consumption of optional goods decreased in the fifth quintile. In addition, it was found that farmers in the first quartile had higher consumption expenditures and expenditures on options than those in the second quartile. The analysis of farm income by region show that public subsidies increased significantly for general rural farmers than for farmers in special and metropolitan areas in all income quintiles during the period. In the case of the first quintile, farm household income in rural areas in special and metropolitan cities increased compared to general rural areas. In the fifth quartile, agricultural income and sideline income in general rural areas increased compared to rural areas in special and metropolitan cities, while rural areas in special and metropolitan cities increased non-business income compared to rural areas. Results of farming income inequality by income type show a steady decline in inequality from 2016 to 2022, indicating that the decreasing gini coefficinet of public subsidies is contributing to the decline in farm income inequality. Private subsidies and side income are shown to increase inequality.

The Effect of Economic Crisis on Korean Households` Clothing Expenditure (경제위기에 따른 피복비 지출 변화 분석)

  • Lee, Mi-Young
    • 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.

Estimating Retirement Consumption Needs Using Target Replacement Rate (목표 소득대체율을 통한 은퇴소비의 추정)

  • 여윤경
    • Journal of the Korean Home Economics Association
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    • v.40 no.3
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    • pp.83-97
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    • 2002
  • This study estimates the consumption needs of preretired households through target replacement ratio approach. Based on the Life Cycle Model, this study used the household expenditure function to derive the target replacement ratio appropriate for each household. The target replacement ratio is estimated using the 1996 National Survey of family Income and Expenditure by National Statistical Office. The estimated target replacement ratio was 82.4% for married couple households, and 85.1% for single households. Total retirement consumption needs during entire retirement period was 161,620,000 won for married couple households, and 50,532,039 won for single households.

Impact of Demographic Change on the Composition of Consumption Expenditure: A Long-term Forecast (소비구조 장기전망: 인구구조 변화의 영향을 중심으로)

  • Kim, Dongseok
    • KDI Journal of Economic Policy
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    • v.28 no.2
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    • pp.1-49
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    • 2006
  • Considering the fact that households' demographic characteristics affect consumption decision, it is conjectured that rapid demographic changes would lead to a substantial change in the composition of private consumption expenditure. This paper estimates the demand functions of various consumption items by applying the Quadratic Almost Ideal Demand System(QUAIDS) model to Household Income and Expenditure Survey data, and then provides a long-term forecast of the composition of household consumption expenditure for 2005-2020. The paper shows that Korea's consumption expenditure will maintain the recent years' rapid change, of which a considerable portion is due to rapid demographic changes. Results of the paper can be utilized in forecasting the change in the industrial structure of the economy, as well as in firms' investment planning.

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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.

Catastrophic Health Expenditure and Trend of South Korea in 2018 (2018년 재난적 의료비 경험률 현황 및 추이)

  • Jeong, Wonjeong;Kim, Yunkyung;Park, Eun-Cheol
    • Health Policy and Management
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    • v.30 no.1
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    • pp.126-130
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    • 2020
  • Catastrophic health expenditure refers to measure the level of the economic burden of households due to medical expenses. The purpose of this study was to examine the proportion of households that experienced catastrophic health expenditure between 2006 and 2018 using available data from the National Survey of Tax and Benefit (NaSTaB), Korea Health Panel (KHP), and Households Income and Expenditure Survey (HIES). Trend test was used to analyze the proportion of household with catastrophic healthcare expenditure. The households experienced the catastrophic health expenditure 2.08% in 2018 using the NaSTaB data. Trend analysis was significant with the decreasing trend (Annual Percentage Change [APC], -4.88; p<0.0001) in the proportion of households with the catastrophic health expenditure. On the other hand, the results of the HIES showed 2.92%, and KHP showed 2.48% of households experienced the catastrophic health expenditure in 2016. The trend was significantly increased in HIES (APC, 1.43; p<0.0001) and KHP (APC, 6.68; p<0.0001). Therefore, this suggests that further interventions to alleviate the burden of catastrophic health expenditure to the low-income group are needed.

Householder's Education Level and Education Expenditure for Children (가구주 교육수준에 따른 자녀 교육비 지출액과 지출구조)

  • Kim, Kyung-Ja
    • Journal of Families and Better Life
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    • v.25 no.6
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    • pp.111-120
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    • 2007
  • The purpose of this study was to investigate the relationship between householder's education level and the education expenditure for children. The Family Income and Expenditure Survey data of the 2005 National Statistical Survey were used to examine the hypothesis. For data analysis, ANOVA and regression method were applied. The results are as follows: House-holds in Seoul spent 533,000 won for child education per month on the average, and 64% of the expenditure was for private education. Households whose householder's education level was high spent more expenditures on public and private education for children than the households whose householder's education level was low. When the household income level was controlled, householder's education level affected only private education expenditure.

An Analysis of Household Expenditures for Wedding, Funeral, Ancestor Worship, and 60th Birthday Anniversary (도시가계의 가정의례비 지출에 대한 관련요인 분석)

  • 이윤금
    • Journal of the Korean Home Economics Association
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    • v.36 no.9
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    • pp.35-47
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    • 1998
  • The purpose of this study was to investigate the effect of household characteristics on household expenditures on wedding, funeral, ancestor worship, and 60th birthday anniversary. Data for this study were from the 1996 Annual Report on the Family Income and Expenditure Survey. OLS regression analysis was used to identify the effect of household characteristics on money spent on family ceremony expenditures. The household income, age of head, education of head, and family size were all significant factors for understanding family ceremony expenditures. The results also indicated that additional income from wife's labor force participation was associated with lesser expenditures on family ceremony, while business income, asset income, and transfer income had no effects on this category. The effect of the third quarter of 1996 was significant on family ceremony expenditures, indication that households spent significantly less for this category in the summer than did in the winter, holding other factors constant.

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An Analysis of the Relationships of Food Expenditures and Household Socioeonomic Characteristics: For Urban Salary and Wage Earner Households (식생활비 지출규모와 가계의 사회경제적 특성간의 관계 분석 : 도시근로자 가계를 대상으로)

  • Lee, Yoon-Geum;Yang, Se-Jeong
    • Korean Journal of Human Ecology
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    • v.8 no.1
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    • pp.63-79
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    • 1999
  • The purpose of the study is to investigate the relationships between food expenditures and household socio-economic characteristics. Data used were taken from the 1996 National Survey of Family Income and Expenditure Survey. This study revealed that total food expenditures for urban salary and wage earner households were 347,798 won, which accounted for 27.0 percent of the total consumption expenditures and food away from home expenditures marked for 8.4 percent of the total consumption expenditures. Household income, household size, age of household head, occupation of household head, education of household head, housing tenure, wife's employment status, gender of household head, and children's age were all important factors in predicting the food consumption expenditures for urban salary and wage earner households.

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Fairness of Health care financing: Progressivity and Retstributive Effect (가구 소득과 보건의료비 지출의 형평성 : 누진성과 소득재분배 효과)

  • 신호성;김명기;김진숙
    • Health Policy and Management
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    • v.14 no.2
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    • pp.17-33
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    • 2004
  • The present study attempts to examine the progressivity of health care financial sources based on the income approach, for which it decomposes redistributive effects into vertical, horizontal, and re-ranking components. The study data include Korean Household Expenditure Survey (2000) conducted every 5 year by Korea National Statistical Office. The data were sampled from the national population by the multistage probabilistic sampling method, and amounts to 23,270 households. For the better application of the income approach, the study employs household total expenditure in Korea instead of total income, because the former data source is more reliable and less fluctuated over time. Progressivity of health care financing was measured by Kakwani index. Aronson's decomposition equation was used in case of the analysis where differential treatment of health care expenditure needs to be considered. Despite the progressivity of Korea's governmental contributions, total expenditure of health care showed regressive pattern, which may largely be attributable to the higher regressivity in out-of-pocket money. With the result of negative Kakwani index, differential treatment increased income redistribution biased for better-off. It is worth to note that social insurance displays not only negative Kakwani index, but also horizontal inequality, suggesting that the first step of health care financing reform should be the revision of social insurance premium rates toward effective and equable way.