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OECD Ülkelerinde Kurumsal Kalite ve Gelir Eşitsizliği İlişkisi

Author

Listed:
  • Mehmet AVCI
  • Gizem MUKİYEN AVCI

Abstract

Income inequality has shown as one of the most important economic problem now. Behind individual specific, economic, social, political factors, also institutional factors effect income inequality. Lower income inequality has expected with higher institutional quality. This study investigates the relationship between institutional quality and income inequality in 23 OECD countries, using fixed and random panel estimation approach and annual data over the period of 1984-2011. Evidence from a panel data estimation shows that a negative relationship between institutional quality and income inequality exist. According to this result, institutional quality is an essential tool for reducing income inequality.

Suggested Citation

  • Mehmet AVCI & Gizem MUKİYEN AVCI, 2017. "OECD Ülkelerinde Kurumsal Kalite ve Gelir Eşitsizliği İlişkisi," Sosyoekonomi Journal, Sosyoekonomi Society, issue 25(31).
    • Handle: RePEc:sos:sosjrn:170104
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    More about this item

    Keywords

    Institutional Quality; Income Inequality; Gini; Panel Data; OECD;
    All these keywords.

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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