A cross-sectional household analysis of household consumption patterns : an indirect approach to identify the possible factors of personal bankruptcy
Although the standard of living has consistently improved, personal bankruptcy remains an uncommon issue in Malaysia. This paper investigates the relationship between consumption patterns and income of Malaysians by examining income elasticity using the Engel curve. Data were collected from the Ho...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Penerbit Universiti Kebangsaan Malaysia
2018
|
| Online Access: | http://journalarticle.ukm.my/20084/ http://journalarticle.ukm.my/20084/1/jeko_523-18.pdf |
| _version_ | 1848815011136274432 |
|---|---|
| author | Toh, Siaw Mien Rusmawati Said, |
| author_facet | Toh, Siaw Mien Rusmawati Said, |
| author_sort | Toh, Siaw Mien |
| building | UKM Institutional Repository |
| collection | Online Access |
| description | Although the standard of living has consistently improved, personal bankruptcy remains an uncommon issue in Malaysia.
This paper investigates the relationship between consumption patterns and income of Malaysians by examining income
elasticity using the Engel curve. Data were collected from the Household Expenditure Surveys of 2004, 2009, and 2014
and analysed using ordinary least square regression and the Working-Leser model. The results showed that out of 12
expenditure components, three were found to be necessity goods: food and non-alcoholic beverages, clothing and
footwear, and housing and utility. It was found that households led by youths spent more on luxury goods compared to
those led by heads aged 40 and above. Males, Bumiputeras, and households living in urban areas spent more on luxury
goods. Tobacco, alcoholic beverages, hotels, private education, and private healthcare were considered as luxury goods
for Malaysian households. This study suggests that the public, especially the younger generation, should be exposed
more to the knowledge and awareness of debts, bankruptcy and lifestyles. |
| first_indexed | 2025-11-15T00:43:11Z |
| format | Article |
| id | oai:generic.eprints.org:20084 |
| institution | Universiti Kebangasaan Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T00:43:11Z |
| publishDate | 2018 |
| publisher | Penerbit Universiti Kebangsaan Malaysia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | oai:generic.eprints.org:200842022-10-12T00:52:47Z http://journalarticle.ukm.my/20084/ A cross-sectional household analysis of household consumption patterns : an indirect approach to identify the possible factors of personal bankruptcy Toh, Siaw Mien Rusmawati Said, Although the standard of living has consistently improved, personal bankruptcy remains an uncommon issue in Malaysia. This paper investigates the relationship between consumption patterns and income of Malaysians by examining income elasticity using the Engel curve. Data were collected from the Household Expenditure Surveys of 2004, 2009, and 2014 and analysed using ordinary least square regression and the Working-Leser model. The results showed that out of 12 expenditure components, three were found to be necessity goods: food and non-alcoholic beverages, clothing and footwear, and housing and utility. It was found that households led by youths spent more on luxury goods compared to those led by heads aged 40 and above. Males, Bumiputeras, and households living in urban areas spent more on luxury goods. Tobacco, alcoholic beverages, hotels, private education, and private healthcare were considered as luxury goods for Malaysian households. This study suggests that the public, especially the younger generation, should be exposed more to the knowledge and awareness of debts, bankruptcy and lifestyles. Penerbit Universiti Kebangsaan Malaysia 2018 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/20084/1/jeko_523-18.pdf Toh, Siaw Mien and Rusmawati Said, (2018) A cross-sectional household analysis of household consumption patterns : an indirect approach to identify the possible factors of personal bankruptcy. Jurnal Ekonomi Malaysia, 52 (3). pp. 231-246. ISSN 0127-1962 https://www.ukm.my/jem/issue/v52i3/ |
| spellingShingle | Toh, Siaw Mien Rusmawati Said, A cross-sectional household analysis of household consumption patterns : an indirect approach to identify the possible factors of personal bankruptcy |
| title | A cross-sectional household analysis of household consumption patterns : an indirect approach to identify the possible factors of personal bankruptcy |
| title_full | A cross-sectional household analysis of household consumption patterns : an indirect approach to identify the possible factors of personal bankruptcy |
| title_fullStr | A cross-sectional household analysis of household consumption patterns : an indirect approach to identify the possible factors of personal bankruptcy |
| title_full_unstemmed | A cross-sectional household analysis of household consumption patterns : an indirect approach to identify the possible factors of personal bankruptcy |
| title_short | A cross-sectional household analysis of household consumption patterns : an indirect approach to identify the possible factors of personal bankruptcy |
| title_sort | cross-sectional household analysis of household consumption patterns : an indirect approach to identify the possible factors of personal bankruptcy |
| url | http://journalarticle.ukm.my/20084/ http://journalarticle.ukm.my/20084/ http://journalarticle.ukm.my/20084/1/jeko_523-18.pdf |