The Petite bourgeoisie Philippine income dynamics towards the middle of the pyramid

Date of Publication

2013

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Science in Applied Economics

Subject Categories

Economics

College

Ramon V. Del Rosario College of Business

Department/Unit

Economics

Defense Panel Chair

Lawrence Dacuycuy

Defense Panel Member

Dickson Lim
Ruperto Majuca
Marites Tiongco

Abstract/Summary

The Theory of Social Mobility establishes that individuals move along the social structure after spending a certain amount of time in one class. It explicitly describes the phenomena of social mobility however, it does not attempt to explain the relevant implications. This study aims to measure the income mobility, as a subset of social mobility, of the Philippine population towards the middle class and determine its vulnerability and sustainability as a key driver of economic growth. The data will be sourced from the Family Income and Expenditure Survey of the National Statistics Office and will encompass the seventeen regions over a period of 2003-2009. Using a multinomial logit regression along with other statistical estimation procedures, the factors affecting downward and upward mobility and their impact on the households are determined. Despite an impressive shift of the sample data along the income strata, a closer look at the movement of the households reveal that a significant percentage of households remained in their income decile relative to the entire population. More alarming results show that in a span of six years, a period characterized by impressive economic progress, the middle class have shrunk indicating that it is still not sustainable in terms of nurturing the growth of the economy of the Philippines.

Abstract Format

html

Language

English

Format

Print

Accession Number

TU20052

Shelf Location

Archives, The Learning Commons, 12F, Henry Sy Sr. Hall

Physical Description

76 leaves ; 28 cm.

Keywords

Social classes; Social mobility

Embargo Period

12-13-2021

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