Expenditure categories | Low income | Middle income | High income |
Coefficient | Coefficient | Coefficient | |
Food | −1.02* | −0.68† | 0.13 |
Clothing | 0.02 | 0.08 | −0.87‡ |
Durable goods | 0.08 | 0.36‡ | −0.41 |
Medical | 0.12 | 0.04 | −0.14 |
Entertainment | 0.28* | 0.16 | 1.20‡ |
Education | −0.17 | −0.95‡ | −1.91‡ |
Housing | 0.48† | 0.74‡ | 0.37 |
N | 3745 | 7491 | 3746 |
All regression equations are estimated simultaneously; however, the ‘other’ category is dropped to ensure the adding up restriction in the system of equations.
*indicates statistical significance at the 5% level, †indicates statistical significance at the 10% level, ‡Indicates statistical significance at the 1% level.