2020
DOI: 10.37394/23207.2020.17.65
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Application of Logistic Regression Analysis to Household Debt of Bangkok and Metropolitan Area of Thailand

Abstract: The objective of this research is to study factors influencing the household debt of people in Bangkok and metropolitan area of Thailand. Using data from the 2017 household socio-economic survey from National Statistics Office (NSO) of Thailand, the results of logistic regression analysis indicate that four variables affecting indebtedness of the household are household sizes, number of people who get wages, remittance receiving, and loan for emergency. Overall, the logistic regression analysis correct… Show more

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Cited by 5 publications
(3 citation statements)
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“…In Thailand, Chounlakorn and Kittichotipanit (2016) reported that for civil servants specifically general officials, three common factors including number of family members, capability of making installed payments, and the cost of living affected household debt. Likewise, Intarapak and Supapakorn (2020) highlighted that for households in Bangkok and the surrounding metropolitan area, variables such as household size, number of people who get wages, remittance receiving, and loan for emergency influenced household debt.…”
Section: Discussionmentioning
confidence: 99%
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“…In Thailand, Chounlakorn and Kittichotipanit (2016) reported that for civil servants specifically general officials, three common factors including number of family members, capability of making installed payments, and the cost of living affected household debt. Likewise, Intarapak and Supapakorn (2020) highlighted that for households in Bangkok and the surrounding metropolitan area, variables such as household size, number of people who get wages, remittance receiving, and loan for emergency influenced household debt.…”
Section: Discussionmentioning
confidence: 99%
“…Whilst Lerskullawat (2020) highlighted that social factors as well as economic factors including household income and household expenditure played a key role in determining the household debt burden. Similarly, Intarapak and Supapakorn (2020) found that household size, number of people earning wages, remittance receiving, and loan for emergency affected the level of household debt.…”
Section: Introductionmentioning
confidence: 94%
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