• Title/Summary/Keyword: Income poverty

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Income Poverty and Multidimensional Poverty of Elderly Households (노인가구의 소득빈곤과 다차원빈곤에 관한 연구)

  • Kim, Soon-Mi
    • Human Ecology Research
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    • v.56 no.2
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    • pp.175-193
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    • 2018
  • This study identified the rate of income poverty and multidimensional poverty, correlation between income poverty and multidimensional poverty, and adjusted multidimensional poverty rate. We also analyzed the factors that affected the number of poverty dimension and the probability of belonging to the poor or not in 3,159 elderly households including 474 poor households and 2,685 middle class households. First, in poor households, the employment poverty rate was the highest and the housing poverty rate was the lowest. In middle class households, the relation poverty rate was the highest and the employment poverty rate was the lowest. Second, in poor households, correlation between asset poverty and relation poverty had the highest coefficient of .205 and asset poverty and housing poverty had the lowest coefficient of .149. In middle class households, the correlation between income poverty and relation poverty had highest coefficient of -.290 and employment poverty and relation poverty had the lowest coefficient of .038. Third, in poor households, the number of average poverty dimension was 4.30, but the number of average poverty dimensions of middle class households was 2.310. Fourth, the variable affecting the number of poverty dimensions in poor households were gender, age, level of education, marital status; however, the significant variables were gender, education level, marital status, income poverty in the middle class households. The variable that affected the probability of belonging to the poor or not in poor households was age. However, the significant variables were gender, education level, marital status, residence, and income poverty in middle class households.

A Structural Analysis of Income Poverty and Multidimensional Poverty in China's Rural Areas (중국 농촌 지역의 소득 빈곤과 다차원적 빈곤의 구조 분석)

  • Xu, ShengXing;Wang, Xiaofeng;Yang, Lili;Kim, Jung-Gi
    • Korean Journal of Organic Agriculture
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    • v.29 no.4
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    • pp.471-484
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    • 2021
  • The characteristics of poverty can be comprehensively revealed from the two angles of income and multidimensional. This paper compares China's rural income poverty measure with multidimensional poverty index using data from China Family Panel Studies (CFPS) by focusing on the static and dynamic disparities, and analyzes the factors influencing poverty through the Logit model. The results show that there exists a substantial mismatch in who is deemed poor, 60 percent of multidimensional poverty households are not considered poor in terms of income poverty, and 70 percent of income poverty households are not considered poor in terms of multidimensional poverty; There is a high level of disparity between the dynamics of the two measures of poverty. Among those who rose in the income dimension, only about 7 percent also rose in the multidimensional measure from 2016 to 2018.

Double poverty of time and income (시간과 소득의 이중빈곤)

  • Noh, Hye-jin;Kim, Kyo-seong
    • Korean Journal of Social Welfare Studies
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    • v.41 no.2
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    • pp.159-187
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    • 2010
  • The main purpose of this paper is to attempt an alternative measurement and analysis of poverty considering income as well as time in order to present an effective antipoverty policy. Based on Korea Welfare Panel Study (2005), the income poverty, time poverty, and double poverty of household in which householders were under 60 years were measured. Moreover this paper found that households experiencing the time poverty might be faced with additional income poverty because of the necessity to purchase care services in the market to compensate for the time. As a result of the analysis, income poverty rate is 9.5%, time poverty rate is 15.7%, and time-adjusted income poverty rate is 10.8%. And low-educated single parents with young children are more likely to experienced income as well as time poverty. Therefore, this paper proved that the 'welfare to work' policy without considering situations in household could be faced with the limit. Furthermore, this paper suggests that social welfare policy should aim at minimizing the tradeoffs among different works and activities, and then support to improve the quality of life.

Decision Tree Analysis for Prediction Model of Poverty of The Older Population in South Korea

  • Lee, Soochang;Kim, Daechan
    • International Journal of Advanced Culture Technology
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    • v.10 no.2
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    • pp.28-33
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    • 2022
  • This study aims to investigate factors that affect elderly poverty based on a comprehensive and universal perspective, suggesting some alternatives for improving the poverty rate of the elderly. The comprehensive and universal approach to the poverty of the aged that this study attempts can give a better understanding of the elderly poverty beyond the contribution of the existing literature, with the research model including individual, family, labor, and income factors as the causes of old-age poverty from the comprehensive and universal perspective on the causes of poverty of the elderly. In addition, the study attempts to input variants of variables into the equation for the causes of elderly poverty by using panel data from the 8th Korean Retirement and Income Study. This study employs decision tree analysis to determine the cause of the poverty of the elderly using CHAID. The decision tree analysis shows that the most vital variable affecting elderly poverty is making income. For the poor elderly without earned income, public pensions, educational careers, and residential areas influence elderly poverty, but for the poor elderly with earned income, wage earners and gender are variables that affect poverty. This study suggests some alternatives to improve the poverty rate of the aged. The government should create a better working environment such as senior re-employment for old people to be able to participate in economic activities, improve public pension or social security for workers with unfavorable conditions for public security of old age, and give companies that create employment of the aged diverse incentives.

An Analysis on the Anti-poverty Effectiveness of Public and Private Income Transfers; After the Enactment of National Basic Livelihood Security Act (공적 이전과 사적 이전의 빈곤 감소 효과 분석 : 기초생활보장제도 도입 이후를 중심으로)

  • Hong, Kyung-Zoon
    • Korean Journal of Social Welfare
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    • v.50
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    • pp.61-85
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    • 2002
  • Using the 2001 Family Income and Expenditure Survey micro-data, this study analyses the anti-poverty effectiveness of public and private income transfers. In this study, the anti-poverty effectiveness of income transfers is summarized in two ways; 1) the poverty reduction effect of the income transfers, and 2) the poverty reduction efficiency of the income transfers. The poverty reduction effects are measured with several poverty indices including the head-count ratio, poverty gap, and Sen index. Using Beckerman's model, this study also analyses the poverty reduction efficiency of income transfers. This analysis documents substantial differences in the anti-poverty effectiveness of public and private income transfers. Although the private income transfers contribute more to reduce the head-count poverty ratio and Sen index than public income transfers, their differences are significantly reduced after the enactment of National Basic Livelihood Security Act. The results also reveal that the anti-poverty effectiveness of public and private income transfers vary by the types of families. In families headed by elderly and working aged, private income transfers have more anti-poverty effectiveness. But, public income transfers contribute more to reduce poverty than private income transfers among families headed by single adults with children. The results of this study suggest that recent changes in anti-poverty policies in Korea have been strengthened the Government's responsibility. And more importantly, to effectively reduce poverty among the poor families, anti-poverty polices must be designed to consider different family types.

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Poverty in Korea, Why It Remains High?: Analysis of the Trend in Poverty since the 1990s (한국의 빈곤, 왜 감소하지 않는가? - 1990년대 이후 빈곤 추이의 분석 -)

  • Ku, In-Hoe
    • Korean Journal of Social Welfare
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    • v.56 no.4
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    • pp.57-78
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    • 2004
  • The economic crisis in $1997{\sim}1998$ caused massive unemployment and unprecedentedly increased the number of the poor in Korea. As many unemployed families fell into poverty, the poverty rate skyrocketed to higher than 10 percent. Not later than 2000, unemployment late got back to normal and real average income among urban households approached to the income level prior to the economic crisis. Although the economic crisis has been passed through, poverty was not decreased to the low level prior to the crisis by 2000. Why does it remain high? This study attempts to provide an answer to this question by analysing the poverty trend over the 1990s. Data come from the National Survey of Household Income and Expenditures 1991, 1996, and 20001. Results show that poverty was rapidly reduced in the first half period of the 1990s. This reduction in poverty is largely explained by steady and rapid economic growth. Modest improvement in income inequality also contributed. In contrast, the poverty rate considerably increased in the latter half of the 1990s. Average income was not fully recovered to its prior level, which reflected the economic crisis and the subsequent economic stagnation. Worsened income inequality led to higher poverty rate too. In addition, demographic changes increased the share of economically vulnerable types of families, such as families headed by single parents and the elderly. The most significant factor in explaining the higher poverty rate was extended income differential among non-elderly adults, while the next was the increased number of the elderly families. Yet, findings a little differ depending on which concepts of poverty to adopt. In the analyses based on the concept of absolute poverty, economic growth the most significantly affected the poverty trends in the 1999s. Changes in income inequality played the most important role in explaining the trend in relative poverty. Adopting the concepts of quasi-absolute poverty, which is preferred in this study, results show that rapid economic growth significantly reduced poverty in the first half of the 1990s and both worsened income inequality and stagnated economic growth increased poverty in the latter 1990s.

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The Impact of Foreign Remittances and Financial Development on Poverty and Income Inequality in Pakistan: Evidence from ARDL - Bounds Testing Approach

  • Kousar, Rizwana;Rais, Syed Imran;Mansoor, Abdul;Zaman, Khalid;Shah, Syed Tahir Hussain;Ejaz, Shakira
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.1
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    • pp.71-81
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    • 2019
  • The objective of the study is to examine the impact of financial development and foreign remittances on poverty and income inequality in the context of Pakistan. The study used ARDL-Bounds testing approach for robust inferences. The results show that in the short-run, remittances increases poverty and income inequality, which further translated into its long-run impact. The result confirmed the inverted U-shaped relationship between per capita income and income inequality, while the second order coefficient of per capita income substantially decline poverty incidence in a country. In the long-run, the results disappeared and it's turned into U-shaped relationship between income inequality and country's per capita income. Education largely decreases income inequality both in the short and long-run, however, it increases poverty in the long-run. Unemployment rate substantially damaged the pro-poor growth scenario, as high unemployment rate increases both the poverty rates and income inequality, which suffered poor more than non-poor in a country. Financial development has a positive impact on poverty reduction and income inequality in the short-run. The impact of income inequality on poverty incidence is positive both in the short- and long-run, which need pro-poor growth policies and rationale income distribution in a country.

Poverty and perceived income inequality and changes in growth trajectory of problem drinking (빈곤과 소득불평등 인식에 따른 문제음주 발달궤적의 변화)

  • Chung, Sulki;Lee, SooBi
    • Korean Journal of Health Education and Promotion
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    • v.32 no.5
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    • pp.43-51
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    • 2015
  • Objectives: Socioeconomic factors are one of the significant factors explaining drinking problems in our society. From the poverty and inequality perspective, not only absolute poverty but perceived level of poverty or inequality has a direct effect on one's health and health behaviors. The purpose of the study is to explore the growth trajectories of problem drinking in Korea in relation to poverty and perceived income. Methods: Data from 13,414 adults were analyzed using 4 years of data (2010 to 2014) from the Korea Welfare Panel. Main variables included poverty status, perceived income inequality, and problem drinking. A latent growth modeling was employed for the analysis. Results: The non-poverty group had higher initial level of problem drinking; however, the poverty group showed higher rate of increase in problem drinking rate. The perceived income inequality had no significant influence on the initial level, but over time, those with higher level of perceived income inequality showed higher rate of increase in problem drinking. Conclusions: Findings showed that poverty and inequality affect changes in problem drinking. Efforts to prevent and decrease problems related to alcohol should not only focus on changing individuals' behavior but also on decreasing the inequality gap.

The Effect of Income Transfer on Poverty Rate (소득이전의 빈곤완화 및 빈곤이행 효과에 관한 연구)

  • Kim, Kyo-Sung
    • Korean Journal of Social Welfare
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    • v.48
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    • pp.113-149
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    • 2002
  • The primary purpose of this study is to analyze the decreasing effect of public and private income transfers on poverty rate. Two year data of Korean Labor and Income Panel Study (KLIPS, 1998, 1999) are used for the analysis, and 1/2 of median income and 1/3 of mean income are adopted to measure poverty rate. Although private income transfer contributes more to reduce the rate than the public transfer, the main effect for decreasing poverty rate is forced by the wage. Statistically significant variables that affect to the exit of poverty based on the logistic regression analysis are number of family members(-), wage(+), property income(+), social insurance benefit(+), and the transfer income(+). Therefore, the future policy should be more related with the active labor market policy for developing better human resources among the poor family.

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The Impact of Financial Inclusion on Economic Growth, Poverty, Income Inequality, and Financial Stability in Asia

  • RATNAWATI, Kusuma
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.10
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    • pp.73-85
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    • 2020
  • As an effort to achieve sustainable development and increase people's welfare, financial inclusion has become the policy agenda of many countries. Therefore, the effect of financial inclusion on economic growth, poverty, income inequality, and financial stability in several countries in Asia has become the goal and this is the subject of this study. Financial inclusion is measured by 3 dimensions, namely banking penetration, access to banking services, and use of banking services. Poverty ratio below the national poverty line and the Gini coefficient are used as indicators of poverty and income inequality. Financial stability is measured by Bank Z-Score and bank nonperforming loans. The results from the hypothesis test shows that all dimensions of financial stability simultaneously have significant influence on economic growth, poverty, income inequality, and financial stability. On the other hand, the partial impact of financial inclusion dimension on economic growth, poverty alleviation, income inequality, and financial stability in ten countries of Asia has not been optimal. The derived results of this study is required to be interpreted and considered by the Governments of each country in developing strategies for increasing financial inclusion, so that the policy to achieve sustainable development and enhancement of people's welfare can be achieved.