Central Data Catalog

Citation Information

Type Working Paper
Title Econometric Modeling of Panel Data on the Saving Patterns of Philippine Agricultural Households
Author(s)
URL http://www.philstat.org.ph/files/images/tterns_of_Philippine_Agricultural_Households_0.pdf
Abstract
This study aims to identify signifi cant determinants of Philippine agricultural household saving using aggregate (regional) household panel data from the Family Income and Expenditure Survey (FIES) (1991 to 2006). Two defi nitions of saving are used — with and without expenses on durable goods as expenditure item. Using fi xed effects models for panel data, the study identifi es age of household head, self-employment of household head, land distribution, and young dependency rate as signifi cant determinants of agricultural household saving. Self-employment, however, is signifi cant only when expenses on durable goods is considered as an expenditure item. Also, time and cross-section fi xed effects suggest that there are certain years and regions which had less agricultural household saving.

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