The purpose of this study was to compare the consumption expenditure structure of households by a level of relative deprivation, by using the consumption expenditure patterns, the income elasticities of consumption expenditure items, and the consumption expenditure types. The data for this study was from the 6th Korea Welfare Panel Survey(KOWEPS), consisting of total 5,721 households.BR The results are as follows: There were differences in the expenditure amounts and the expenditure ratios of consumption expenditure items of household groups by a level of relative deprivation. There were differences in the income elasticities of consumption expenditure items of households groups by a level of relative deprivation. Consumption expenditure types differed by a level of relative deprivation.
No takes yet. Share an insight, caveat, or question.
Young Shim (2016) studied this question.
Synapse has enriched one closely related paper. Consider it for comparative context: