Comparative study of poverty dynamics and income structure: Pre and post COVID-19 impact on households with and...

The COVID-19 pandemic, as an external shock, has affected the health and economic well-being of individuals. Vulnerable populations with limited resources have also been affected, exacerbating societal inequalities throughout the pandemic.

This study examined poverty dynamics in South Korea before and after the COVID-19 outbreak, focusing on changes in the poverty status and income structure of the population with and without disabilities.

We conducted a multinomial logistic regression analysis using data from the 14th and 16th waves of the Korea Welfare Panel Study.

The results show that the pandemic had a significant impact on income levels, particularly for individuals who experienced poverty, and notable differences were observed in income structures between groups with and without disabilities. While individuals without disabilities relied primarily on business income and regular as well as irregular income prior to experiencing poverty, those with disabilities experienced a decline in irregular and private transfer income. In addition, the poverty escape groups with and without disabilities showed increases in regular and irregular income.

The results of this study show how current population groups with and without disabilities have experienced changes in the poverty structure due to COVID-19. These results highlight the need for a comprehensive social protection system to address the external shocks faced by vulnerable populations.