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Consumption and Income Seasonality in Thailand
Abstract
Many households in developing countries rely on seasonal agriculture for their incomes. This paper investigates whether household consumption expenditure tracks income across seasons. Using data from Thailand, I contrast the seasonal consumption patterns of households with different seasonal income patterns and estimate the responsiveness of seasonal consumption to seasonal income. I find little evidence 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 consumption.
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Citations
Cited by
Underinvestment in a Profitable Technology: The Case of Seasonal Migration in Bangladesh
(2014) · Econometrica · doi:10.3982/ecta10489 · Cited by 710
The Consumption Response to Income Changes
Jappelli, T., & Pistaferri, L. (2010) · Annual Review of Economics · doi:10.1146/annurev.economics.050708.142933 · Cited by 704
In Sickness and in Health: Risk Sharing within Households in Rural Ethiopia
Dercon, S., & Krishnan, P. (2000) · Journal of Political Economy · doi:10.1086/316098 · Cited by 693
Metadata
- Authors
- Paxson, C. H.
- Venue
- Journal of Political Economy
- Publisher
- University of Chicago Press
- Published
- 1993-02
- Volume
- 101
- Issue
- 1
- Pages
- 39-72
- ISSN
- 0022-3808 (ISSN-L)
- 1537-534X
- OpenAlex
- W2092356479
- Cited by
- 247
- References
- 0
- FWCI
- 9.43
- Type
- journal article
- Language
- en
- Open access
- closed
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- Paxson, C. H. (1993). Consumption and Income Seasonality in Thailand. Journal of Political Economy. https://doi.org/10.1086/261865
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
