Influential Factors of Poverty Dynamics among Korean Households that Include the Aged with Disability

Abstract

The purpose of this longitudinal study was to examine closely the economic status of households that include the aged with disabilities in South Korea, as well as the factors contributing to their poverty dynamics. This study analyzed the poverty dynamics of households that include the aged with disabilities by using data from the Panel Survey of Employment for the Disabled for the years 2008 to 2012. This Survey is conducted by the Korea Employment Agency for the Disabled. Poverty dynamics were classified by the changes in poverty status in 2008 and 2012, including sustained poverty, sustained non-poverty, poverty exit, and poverty entry. We carried out a multinomial logistic regression for poverty dynamics based on demographics and analyzed the differences of income composition and consumption patterns according to poverty dynamics. Gender, education, degree of disability, economic activity, and change in the number of employed family members were identified as significant factors that determine poverty dynamics.