IDEAS home Printed from https://ideas.repec.org/p/phd/dpaper/dp_2016-31.html
   My bibliography  Save this paper

Consumption, Labor Income, and Lifecycle Deficit by Urban-Rural Residence and by Income Group: Philippines NTA 1991, 1999, and 2011

Author

Listed:
  • Herrin, Alejandro N.
  • Salas, J.M. Ian S.
  • Abrigo, Michael Ralph M.
  • Racelis, Rachel H.

Abstract

Selected components of the NTA flow accounts were estimated for the Philippines for the years 1991, 1999, and 2011 by urban-rural residence and by income group. Three income groups are defined, referred to as income terciles, and thus estimates were produced for a total of six groups - three income groups for the urban areas and three income groups for the rural areas. This paper compares age profiles of consumption, labor income, and lifecycle deficit across the six groups for each of the reference years. The age profiles were generally found to have the expected shapes but they also showed interesting variations between groups.Some findings that had generally been consistent in the three reference years include, among others, the following: (1) progressively lower per capita consumption and labor income at each age as one moves from the top, middle and to the bottom tercile in both urban and rural areas; (2) within terciles, urban area per capita labor income and consumption are higher at all ages than those in the rural areas; (3) in the rural bottom tercile, the young incur lifecycle deficit longest and the elderly incur lifecycle deficit earliest; (4) the spans of the surplus ages are shorter for the bottom and middle terciles compared to that for the top tercile in both urban and rural areas; (5) the elderly deficit age group accounts for increasing shares of aggregate lifecycle deficit moving from the bottom, middle and to the top income tercile in both urban and rural areas; and (6) the ratio of the aggregate surplus generated by the working age group to the aggregate lifecycle deficits of the young and elderly dependent populations is higher in urban compared to rural areas and lowest for the bottom terciles in both the urban and rural areas.

Suggested Citation

  • Herrin, Alejandro N. & Salas, J.M. Ian S. & Abrigo, Michael Ralph M. & Racelis, Rachel H., 2016. "Consumption, Labor Income, and Lifecycle Deficit by Urban-Rural Residence and by Income Group: Philippines NTA 1991, 1999, and 2011," Discussion Papers DP 2016-31, Philippine Institute for Development Studies.
  • Handle: RePEc:phd:dpaper:dp_2016-31
    as

    Download full text from publisher

    File URL: https://www.pids.gov.ph/publication/discussion-papers/consumption-labor-income-and-lifecycle-deficit-by-urban-rural-residence-and-by-income-group-philippines-nta-1991-1999-and-2011
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Racelis, Rachel H. & Abrigo, Michael R.M. & Salas, J.M. Ian, 2015. "Financing consumption over the lifecycle and overseas workers’ remittances: Findings from the 1999 and 2007 Philippine National Transfer Accounts," The Journal of the Economics of Ageing, Elsevier, vol. 5(C), pages 69-78.
    2. Salas, J.M. Ian S. & Abrigo, Michael Ralph M. & Racelis, Rachel H., 2012. "Philippines 2007 National Transfer Accounts: Consumption, Income, and Intergenerational Reallocation of Resources," Discussion Papers DP 2012-29, Philippine Institute for Development Studies.
    3. Salas, J.M. Ian S. & Abrigo, Michael Ralph M. & Racelis, Rachel H., 2012. "Philippines 2007 National Transfer Accounts: Financing Consumption and Lifecycle Deficit by Income Group," Discussion Papers DP 2012-33, Philippine Institute for Development Studies.
    4. Salas, J.M. Ian S. & Abrigo, Michael Ralph M. & Racelis, Rachel H., 2012. "Philippines 2007 National Transfer Accounts: Consumption, Income, and Intergenerational Reallocation of Resources - Revised Estimates," Discussion Papers DP 2012-35, Philippine Institute for Development Studies.
    5. Salas, J.M. Ian S. & Abrigo, Michael Ralph M. & Racelis, Rachel H., 2012. "Philippines 2007 National Transfer Accounts: Consumption, Labor Income, and Lifecycle Deficit by Income Group," Discussion Papers DP 2012-32, Philippine Institute for Development Studies.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Racelis, Rachel H. & Abrigo, Michael Ralph M. & Salas, J.M. Ian S. & Herrin, Alejandro N., 2016. "Consumption, Labor Income, and Lifecycle Deficit by Urban-Rural Residence and by Income Group: Philippines NTA 1991, 1999, and 2011," Research Paper Series DP 2016-31, Philippine Institute for Development Studies.
    2. Herrin, Alejandro N. & Salas, J.M. Ian S. & Abrigo, Michael Ralph M. & Racelis, Rachel H., 2015. "Philippines 2011 National Transfer Accounts Estimates of Consumption and Labor Income Age Profiles: Discussions on the 1991-2011 Age Profile Change and Implications on Economic Gains from the First De," Discussion Papers DP 2015-45, Philippine Institute for Development Studies.
    3. Racelis, Rachel H. & Abrigo, Michael Ralph M. & Salas, J.M. Ian S. & Herrin, Alejandro N., 2015. "Philippines 2011 National Transfer Accounts Estimates of Consumption and Labor Income Age Profiles: Discussions on the 1991-2011 Age Profile Change and Implications on Economic Gains from the First De," Research Paper Series DP 2015-45, Philippine Institute for Development Studies.
    4. Salas, J.M. Ian S. & Abrigo, Michael Ralph M. & Racelis, Rachel H., 2012. "Philippines 2007 National Transfer Accounts: Consumption, Labor Income, and Lifecycle Deficit by Income Group," Discussion Papers DP 2012-32, Philippine Institute for Development Studies.
    5. Salas, J.M. Ian S. & Abrigo, Michael Ralph M. & Racelis, Rachel H., 2012. "Implications of Projected Philippine Population Growth, Age Structure Change, and Aging: Using National Transfer Accounts Results," Discussion Papers DP 2012-30, Philippine Institute for Development Studies.
    6. Salas, J.M. Ian S. & Abrigo, Michael Ralph M. & Racelis, Rachel H., 2012. "Filipino Elderly Living Arrangements, Work Activity, and Labor Income as Old-age Support," Discussion Papers DP 2012-31, Philippine Institute for Development Studies.
    7. Salas, J.M. Ian S. & Abrigo, Michael Ralph M. & Racelis, Rachel H., 2014. "Comparing the 1999 and 2007 Philippine NTA Estimates and Examining the Effects of a Definitional Change of Overseas Workers` Remittances," Discussion Papers DP 2014-24, Philippine Institute for Development Studies.
    8. Salas, J.M. Ian S. & Abrigo, Michael Ralph M. & Racelis, Rachel H., 2012. "Implications of Philippine Trends in Education Financing and Projected Change in School-age Population on Education Expenditures by Income Group: Using National Transfer Accounts Results," Discussion Papers DP 2012-34, Philippine Institute for Development Studies.
    9. Herrin, Alejandro N. & Salas, J.M. Ian S. & Abrigo, Michael Ralph M. & Racelis, Rachel H., 2016. "Economic Gain, Age Structure Transition, and Population Groups in the Philippines," Discussion Papers DP 2016-32, Philippine Institute for Development Studies.
    10. Salas, J.M. Ian S. & Abrigo, Michael Ralph M. & Racelis, Rachel H., 2012. "Philippines 2007 National Transfer Accounts: Consumption, Income, and Intergenerational Reallocation of Resources - Revised Estimates," Discussion Papers DP 2012-35, Philippine Institute for Development Studies.
    11. Salas, J.M. Ian S. & Abrigo, Michael Ralph M. & Racelis, Rachel H., 2012. "Philippines 2007 National Transfer Accounts: Financing Consumption and Lifecycle Deficit by Income Group," Discussion Papers DP 2012-33, Philippine Institute for Development Studies.
    12. Racelis, Rachel H. & Salas, J.M. Ian S. & Herrin, Alejandro N. & Abrigo, Michael R.M., 2016. "Economic Gain, Age Structure Transition, and Population Groups in the Philippines," Research Paper Series DP 2016-32, Philippine Institute for Development Studies.
    13. Abrigo, Michael R.M. & Racelis, Rachel H. & Salas, J.M. Ian & Herrin, Alejandro N., 2016. "Decomposing economic gains from population age structure transition in the Philippines," The Journal of the Economics of Ageing, Elsevier, vol. 8(C), pages 19-27.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:phd:dpaper:dp_2016-31. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Aniceto Orbeta (email available below). General contact details of provider: https://edirc.repec.org/data/pidgvph.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.