Factors Affecting Households’ Expenditure on Food Away from Home (in Thai)
Pravilada Wigraiphat (),
Visit Limsombunchai () and
Teerat Kittiveja ()
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Pravilada Wigraiphat: Agribusiness Graduate Program, Faculty of Economics, Kasetsart University, Bangkok, Thailand
Visit Limsombunchai: Faculty of Economics, Kasetsart University, Bangkok, Thailand
Teerat Kittiveja: Marketing Moves Ltd., Bangkok, Thailand
Applied Economics Journal, 2012, vol. 19, issue 2, 37-49
Abstract:
The paper examines factors affecting the households’ expenditure on food away from home in Bangkok area. In this paper, the expenditure is the proportion between the total household expenditure on food away from home and the total household income. The data are from the Household Socio-economic Survey Data in 2009 collected by the National Statistical Office. In total, the data set covers about 2,502 sample households in Bangkok and is analyzed by tobit model. The results show that the average household expenditure on food away from home to the total household income is 0.12. The age of household head, total household income, household size, tenure of residence, household head’s marital status and occupation are the factors affecting the expenditure. Gender of household head, period of education of household head, type of residence, household debt and household head’s hours of participation in the workforce have no influence on the expenditure. The results indicate that the food business in Bangkok area still has a good opportunity for growth because households’ expenditure on food away from home is increasing.
Keywords: tobit model; expenditure on food away from home (search for similar items in EconPapers)
JEL-codes: C24 D12 E21 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:aej:apecjn:v:19:y:2012:i:2:p:37-49
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