Income Distribution Determinants and Inequality – International Comparison
This study shows the relationship between income distribution and other relevant economic variables and their impact on income distribution. Panel data analysis is used to study 200 world economies and identify main income determinants. Using such a large panel to study income distribution and in...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Academy of Economic Studies of Bucharest
2014-08-01
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| Series: | Amfiteatru Economic |
| Subjects: | |
| Online Access: | http://www.amfiteatrueconomic.ro/ArticolEN.aspx?CodArticol=1328 |
| Summary: | This study shows the relationship between income distribution and other relevant economic
variables and their impact on income distribution. Panel data analysis is used to study 200
world economies and identify main income determinants. Using such a large panel to study
income distribution and inequality of household income make empirical results of this
study significant. Paper results show there is a large discrepancy of income distribution
measured by household consumption for different classes (income deciles). Inflation,
unemployment, export, labour force, population and unemployment however are the main
determinants between income distribution dynamics according to the result of this study. |
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| ISSN: | 1582-9146 2247-9104 |