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Income Distribution Determinants and Inequality – International Comparison

Author

Listed:
  • Marinko Škare

    (Juraj Dobrila University of Pula)

  • Saša Stjepanovic

    (Juraj Dobrila University of Pula)

Abstract

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.

Suggested Citation

  • Marinko Škare & Saša Stjepanovic, 2014. "Income Distribution Determinants and Inequality – International Comparison," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 16(37), pages 980-980, August.
    • Handle: RePEc:aes:amfeco:v:37:y:2014:i:16:p:980
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    References listed on IDEAS

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    Cited by:

    1. Kashif MUNIR & Maryam SULTAN, 2017. "Macroeconomic determinants of income inequality in India and Pakistan," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(4(613), W), pages 109-120, Winter.
    2. Muhammad Shahid Hassan & Haider Mahmood & Muhammad Ibrahim Saeed & Tarek Tawfik Yousef Alkhateeb & Noman Arshed & Doaa H. I. Mahmoud, 2021. "Investment Portfolio, Democratic Accountability, Poverty and Income Inequality Nexus in Pakistan: A Way to Social Sustainability," Sustainability, MDPI, vol. 13(11), pages 1-16, June.

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    More about this item

    Keywords

    income distribution; inequality; Gini; panel analysis;
    All these keywords.

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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