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A Dynamic Analysis of Poverty Durations in Korea
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우리나라 빈곤가구의 빈곤지속기간에 대한 동태적 분석

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Type
Academic journal
Author
Journal
Korean Academy Of Social Welfare Korean Journal of Social Welfare Vol.65 No.3 KCI Excellent Accredited Journal
Published
2013.9
Pages
183 - 206 (24page)

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A Dynamic Analysis of Poverty Durations in Korea
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Using Korean Labor and Income Panel Study (wave 1~11) database, this study analyzed the poverty duration of the poor as a whole and by households' characteristics. For this purpose, I first estimated poverty exit rates and reentry rates applying discrete-time hazard model to the sample, and then calculated poverty duration combining these two probability rates. The results show that about a half of poor households are transitory (short-term) poor with 1~2 years of poverty duration. A quarter is chronic (long-term) poor lasting for 5 or more years of poverty duration. The remained quarter can be categorized as the recurrent or mid-term poor. The socioeconomic characteristics of households greatly affect poverty duration. Long-term poverty is prevalent among female-head households, elderly households, single households, or households headed by a person with a lower level of education. If households' heads do not work, or work as temporary or daily-employed workers, the poverty duration tends to be longer. The findings suggest that the poor consist of various social classes with different characteristics. Efficient anti-poverty policy should be based on thoroughly identifying the specific characteristics and needs of each class.

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UCI(KEPA) : I410-ECN-0101-2018-338-001217401