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Economic and Social Description and Characterization of the Venezuelan Families


  • Víctor E. Márquez Pérez

    () (Universidad Nacional Experimental Sur del Lago.)


Based on the data collected in the II survey of household budgets of 1997, this paper presents a description of the main relationship among the different qualitative variables by means of the correspondence analysis methodology. It also shows the application of the multivariable statistic technique as a tool to determine the main social and economic characteristics of Venezuelan families. The empirical results show that the factors generated by the correspondence analysis serve to describe the quality of life of Venezuelan homes; in other words, these results present evidence of the social and economic conditions and the recognition of patterns of life quality amongst Venezuelan families. Finally, this study could also contribute by serving as a base for the construction of new poverty indicators for Venezuela.

Suggested Citation

  • Víctor E. Márquez Pérez, 2005. "Economic and Social Description and Characterization of the Venezuelan Families," Economía, Instituto de Investigaciones Económicas y Sociales (IIES). Facultad de Ciencias Económicas y Sociales. Universidad de Los Andes. Mérida, Venezuela, vol. 30(21), pages 85-100, january-d.
  • Handle: RePEc:ula:econom:v:30:y:2005:i:21:p:85-100

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    multiple correspondence analysis; multivariate analysis; household budget survey.;

    JEL classification:

    • C42 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Survey Methods
    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
    • H31 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Household
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty


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