The Influences of Household Income and Asset in the Consumption Expenditures according to Housing Tenure

유형별 가계소득과 자산이 소비지출에 미치는 영향 -주거보유형태별 분석-

The purpose of this study is to analyze empirically the influences of different types of household income and asset in the consumption expenditures of homeowners and lessees with deposit. The data used in this study were the 1996 Korea Household Panel Study. 1,512 households data were selected for the final analysis. The statistical methods adopted for data analysis were frequency, percentage, one-way ANOVA, crosstabs, multiple regression analysis, and chow-test. The results are as follows: (1) There were the differences between three groups in the expenditure levels of each consumption category and the shares of each consumption category of total expenditures. (2) The change of labor income influenced more significantly consumption expenditures of homeowners and lessees with deposit, compared to changes of different types of household income. Also homeowners and lessees with deposit changed their consumption expenditures in different ways to changes of various types of household income. (3) Homeowners increased more significantly their consumption expenditures to increase of net asset than lessees with deposit.