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Consumption And Income Seasonality In Thailand

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Author Info

  • Paxson, C.H.

Abstract

Many households in developing countries rely on seasonal agriculture for their incomes. This paper investigates whet her household consumption expenditure tracks income across seasons. Wit h data from Thailand, the paper contrasts the seasonal consumption patterns of households with different seasonal income patterns and estimates the responsiveness of seasonal consumption to seasonal income. Little evidence is found that consumption tracks income over the course of the year. The findings suggest that observed seasonal consumption patterns are the result of seasonal variations in preferences or prices, common to all households, rather than an inability of households to use savings behavior to smooth consumptio n. Copyright 1993 by University of Chicago Press.

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Bibliographic Info

Paper provided by Princeton, Woodrow Wilson School - Development Studies in its series Papers with number 150.

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Length: 31 pages
Date of creation: 1991
Date of revision:
Handle: RePEc:fth:priwds:150

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Postal: PRINCETON UNIVERSITY, WOODROW WILSON SCHOOL OF PUBLIC AND INTERNATIONAL AFFAIRS, PRINCETON NEW- JERSEY 08542 U.S.A.
Phone: (609) 258-4800
Web page: http://www.wws.princeton.edu/
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Related research

Keywords: household ; savings ; prices ; economic models ; seasonal fluctuations ; expenditures;

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