• Title/Summary/Keyword: Household income

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Decrease in the Growth of Domestic Demand in Korea

  • Moon, Seongman
    • East Asian Economic Review
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    • v.19 no.4
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    • pp.381-408
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    • 2015
  • This paper investigates a link between the significant decline in the growth of domestic demand and the dampened ripple effects from the export sector in Korea since the East Asian financial crisis. The dampened ripple effects are closely linked to the changed investment behaviors of the Korean large-sized exporting firms since the crisis: they do not invest in their export earnings any more to create new industries; they tend to use more foreign value added contents for their exports and to increase outward direct investment by actively participating in global value chains. The paper also examines a link between the growth of domestic demand and the growth of household disposable income and presents reasons for the decline in the growth of household disposable income since the East Asian financial crisis.

An Empirical Study on Effect of Property Income on Income Inequality (부동산소득이 지역별 가구 소득불평등에 미치는 영향에 관한 실증연구)

  • Chun, Haejung
    • Journal of the Economic Geographical Society of Korea
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    • v.17 no.3
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    • pp.502-516
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    • 2014
  • This study has decomposed the Gini coefficient using Korean Labor & Income Panel Study data and empirically analyzed the impact of demographic characteristics and source-specific income of householder on the household income gap using panel analysis. The scope of areas were divided into 'nationwide,' 'metropolitan areas,' and 'non-metropolitan areas,' and the period before and after the global financial crisis was examined. The analysis findings are as follows. First, when the entire period was examined by income source using Gini decomposition with division of areas into 'nationwide,' 'metropolitan areas,' and 'non-metropolitan areas', the following results were revealed. The absolute and relative contribution level of property income to the gross income was the largest in the category of 'nationwide' and 'metropolitan areas,' while the contribution level of earned income was the largest in the category of 'non-metropolitan areas'. In addition, property income worsened the household income gap the most in the category of 'nationwide' and 'metropolitan areas.' Second, property income worsened the household income gap less after the financial crisis than before the crisis. It is probably because the price of real estate skyrocketed before the global financial crisis, worsening the household income gap, whereas the price drop after the crisis temporarily alleviated the gap. Third, a correlation analysis revealed that households with older householders whose education is high school graduation or below had relatively low gross income, and households with higher source-specific income, especially earned income, had relatively high gross income. Fourth, when the household income determinants were compared through panel analysis with division of areas into 'nationwide,' 'metropolitan areas,' and 'non-metropolitan areas,' the following results were obtained. While the impact of earned income, financial income, and other incomes was greater in non-metropolitan areas than in metropolitan areas, the impact of property income was greater in metropolitan areas than in non-metropolitan areas. To reduce the income gap, the government should impose higher taxes on the high-income class and provide tax benefits to the low-income class, with efforts to create a wide variety of jobs. In addition, since income inequality gets worse as the proportion of incomes generated through asset holdings becomes higher, the government should focus on stabilizing property prices while paying attention to the regional differentiation when carrying out related policies.

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Household Expenditure patterns and Its Characteristics (가계의 소비지출유형과 특성에 관한연구)

  • 주인숙
    • Journal of the Korean Home Economics Association
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    • v.35 no.1
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    • pp.277-290
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    • 1997
  • This study analyzed household expenditure patterns using the 1990 Korean Consumer Expenditure Survey and identified the factors determining a household's probability to be in an expenditure pattern. The results of cluster analysis revealed five expenditure patterns: Education and Recreation-dominated; Necessities-dominated; Miscellaneous expenditure-dominated Housing dominated; and Transportation and Communication-dominated patterns. Based on the results of descriptive and Logit analyses household income household size age of household head and housing status were major factors to determine the type of househld expenditure pattern.

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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
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    • v.18 no.2
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    • pp.115-168
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    • 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.

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A Longitudinal Study on Farm Householder's Perception of Economic Problem (전업${\cdot}$겸업 농가의 가정 내 경제문제 인지의 변화)

  • Cho, Young-Sook;Lee, Duk-Jae;Hwang, Dae-Yong;Park, Eun-Shik;Ko, Jeong-Sook
    • Journal of Agricultural Extension & Community Development
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    • v.13 no.2
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    • pp.265-276
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    • 2006
  • This study focused on the trends in recognising an economic concern as the most difficult problem in the farm household that was categorised as a full-time farm household or a part-time household according to income structure from agricultural activity. Log-linear models were suggested to compare the change of recognising an economic problem between year 2003 and 2005. As a result, there was no significant difference in recognising an economic problem between full-time farm household and part-time farm household both in 2003 ($x^2$=0.04;p=0.84) and in 2005 ($x^2$=1.08; p=0.30). It was revealed, however, that full-time farm household had increasingly recognised an economic problem over years. Log-linear models showed that full-time farm households tended to recognise the economic problem 1.11 times as much as part-time farm households in 2005, compared to 0.97 times in 2003.

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The Tmie used for Household Work by Urban Homemaker (도시주부의 생활시간에 관한 연구)

  • 임정빈
    • Journal of the Korean Home Economics Association
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    • v.19 no.2
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    • pp.73-85
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    • 1981
  • The present trend is to classify time as a human resource. Time is considered as a human resource and refers not only to "clock time" that man possesses in equal amounts, but also to person's characteristic methods of assimilating and perceiving the passage of time. People differ in their ability to gauge the passage of time or to estimate the amount of time that an activity will take. The time used for household work by homemaker was analysed in that viewpoint. Specially the aim of this study was to find and analyse any differences from the style of house, the kind of fuel for cooking, the system of the family, the age and educated degree of homemaker and income degree. For analysis useable responses of 247 returned were used. The conclusion is as follows. 1. Homemakers spent 11.8∼13.4 hours for household work for a day. 2. Husband contributed 1∼1.4 hours, daughters and sons 0.6∼2.4 hours for household work a day. 3. There were large differences of the time spent on all food activities and care of clothes by the style of house and kitchen and the kind of fuel for coking. 4. The homemaker who has many children and preschool children spent much time for preparing the meal and care of clothes than others. 5. High educated homemaker spent less time for household work than others. 6. There are not any differences between time spent and income. 7. There are not also differences between time spent and having household equipment. It is assumed that many household equipment in the house aren't used effectively.

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A Study of Dual-Earner Couple′s Household Work Time and Life Satisfaction (맞벌이부부의 가사노동시간과 생활만족도에 관한 연구)

  • 채로;이기영
    • Journal of Families and Better Life
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    • v.22 no.5
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    • pp.265-281
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    • 2004
  • This study aims at studying dual-earner couple's household work time and life satisfaction in modern times. To reach this goal, dual-earner couple's variable of society and population, income for working hours, attitude of sex's role and working hours time were classified as individual variable of study model. In the end of 2000, positive analysis was completed through dual-earner couples' frequencies, percentage, means, paired-samples T Test, one-way ANOVA, duncan test, multiple regression and path analysis to 112 Korean couples in 'Research material for comparative analysis of family's time use in Korea and in the United States' performed by Lee, Ki-young, along with 3 person in the end of 2000. The time of household work performance at home at this stage is about 30 hours. 90% of 30 hours was given by housewife who was working for another job. In the aspect of dual-earner couple's life satisfaction, the life satisfaction is a little over the level of average. In variables couple's life satisfaction, wife's life satisfaction was additionally influenced by variable of wife's profession, age difference of couple, wife's household work time husband's household work time and wife's sex-role attitudes in oder. Husband's life satisfaction was perfectly influenced by his level of education, his household work time and wife's sex-role attitudes.

Analysis of Household Trip Generation Characteristics in Seoul (서울시 가구통행발생 특성 분석)

  • Rhee, Jongho
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.31 no.5D
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    • pp.657-662
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    • 2011
  • The relationship between household attributes and trip generation can only be found in Seoul Metropolitan Household Travel Survey, which has been implemented every 5 years. However, various household attributes' impact on trip generation has not been analyzed closely. This paper compared and analyzed those impact. The results could be useful when trip generation models are studied in the future. They are as follows. The household size should be an important classification criteria when household trip generation is estimated. The traditional assumption that the relationship between household auto ownership and trip generation is positive and linear correlation should be reconsidered. Weekday travel data only did not showed that housing type has an influence on trip generation. Household income is unrelated with trip generation among single-person household, while multi-person household is related strongly. However, when trips are classified by purpose, impact of household income on trip generation are varied by trip purpose. Especially, the increase in single-person household can not be overlooked when trip generation is forecasted.

The Effect of the Mother's Educational Aspirations and the Household's Characteristics on Private Educational Expenditures (어머니의 자녀교육열과 가계 특성이 사교육비 지출에 미치는 영향)

  • Na, Young-Mi;Yoon, Jung-Hai
    • Korean Journal of Human Ecology
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    • v.20 no.6
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    • pp.1199-1212
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    • 2011
  • The purpose of this study is to examine how the mother's educational aspirations and household's characteristics have an effect on the likelihood of private educational expenditures and the amount of private educational expenditures. Factor analysis, probit and tobit analyses were used. The main findings can be summarized as the following: The mother's educational aspirations for intrinsic values is higher than for extrinsic values. The mother's educational aspirations for extrinsic values, household's assets, and residing in Seoul rather than residing in Incheon had significant positive effects on the likelihood of private educational expenditures. However, the child's birth order had a significant negative effect on the likelihood of private educational expenditures. The mother's educational aspirations for extrinsic values, the mother's education level, household's income, household's assets, and residing in Seoul rather than residing in Incheon had significant positive effects on the amount of private educational expenditures. However, the child's birth order had a significant negative effect on the amount of private educational expenditures. Findings from this study offer several implications. First, the mother's educational aspirations for extrinsic values rather than for intrinsic values has an effect on private educational expenditures. Unless the mother's educational aspirations have been changed to pursuing intrinsic values, the private educational expenditures cannot be reduced. Second, the polarization of the household's income and assets could bring about the polarization of private educational expenditures, which can lead to the intergenerational income polarization.

Household Overcrowding in Iran, a Low-middle-income Country: How Major of a Public Health Concern Is It?

  • Hosseini, Leila Jansar;Samadi, Ali Hussein;Woldemichael, Abraha;Gharebelagh, Masoumeh Najafi;Rezaei, Satar;Rad, Enayatollah Homaie
    • Journal of Preventive Medicine and Public Health
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    • v.54 no.1
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    • pp.73-80
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    • 2021
  • Objectives: Household overcrowding (HC) can contribute to both physical and mental disorders among the members of overcrowded households. This study aimed to measure the status of HC and its main determinants across the provinces of Iran. Methods: Data from 39 864 households from the 2016 Iranian Household Income and Expenditures Survey were used in this study. The Equivalized Crowding Index (ECI) and HC index were applied to measure the overcrowding of households. Regression models were estimated to show the relationships between different variables and the ECI. Results: The overall, urban, and rural prevalence of HC was 8.2%, 6.3%, and 10.1%, respectively. The highest prevalence of HC was found in Sistan and Baluchestan Province (28.7%), while the lowest was found in Guilan Province (1.8%). The number of men in the household, rural residency, the average age of household members, yearly income, and the household wealth index were identified as the main determinants of the ECI and HC. Conclusions: The study demonstrated that the ECI and HC were higher in regions near the borders of Iran than in other regions. Therefore, health promotion and empowerment strategies are required to avoid the negative consequences of HC, and screening programs are needed to identify at-risk families.