Determinants of Income Distribution in Taiwan:1999-2013

• Main Authors: Te-Chang Lin, 林德昌
• Other Authors: 李顯峰
• Format: Others
• Language: zh-TW
• Published: 2016
• Online Access: http://ndltd.ncl.edu.tw/handle/cghue7

碩士 === 國立臺灣大學 === 經濟學研究所 === 105 === This study investigates the determinants of the income inequality in Taiwan. We calculate sub-Gini coefficient, after-tax Oshima index and Palma ratio as income inequality indicators by using after-tax income data for 20 cities and counties in Taiwan during the period 1999-2013. We apply fixed-effects and random-effect panel regressions for our empirical investigation, and conduct Hausman test. The result indicates that we should use fixed-effects panel regressions in sub-Gini-coefficient model and after-tax-Oshima-index model, and use random-effect panel regressions in Palma-ratio model. Besides, we conduct LLC unit-root test, and the result indicates that all variables are stationary, and apply regression analysis. Our empirical findings show that the aspects of the growth of income, population growth, human resources of higher education, unemployment in higher education, financial deepening, the accumulation of real capital, increasing in employment of service and outflow of capital etc. have positive relationship with income inequality measures. However, the degree of labor force participation, aging population, each item of local government expenditure (including economic construction, education and welfare), inflow of capital etc. are negatively correlated with income inequality measures.