Eradicating Income Inequality in Lower Middle-Income Countries

Studying the distribution of income is an important issue to know what factors which affect to make income distribution more equitable, what factors can be the key to resolving the problem of income inequality, and shortening the distance between the poor and the rich. This paper studies the relatio...

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Main Authors: Pratysto, Tangguh, Panjaitan, Ingrid
Format: UMS Journal (OJS)
Language:eng
Published: Muhammadiyah University Press 2020
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Online Access:https://journals.ums.ac.id/index.php/JEP/article/view/8517
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author Pratysto, Tangguh
Panjaitan, Ingrid
author_facet Pratysto, Tangguh
Panjaitan, Ingrid
author_sort Pratysto, Tangguh
collection OJS
description Studying the distribution of income is an important issue to know what factors which affect to make income distribution more equitable, what factors can be the key to resolving the problem of income inequality, and shortening the distance between the poor and the rich. This paper studies the relationship between human capital, inflation rate, unemployment rate, physical capital, fiscal expenditure, gross domestic product growth, and urbanization on income inequality in 52 Lower Middle-Income Countries throughout 1990-2014. The authors estimate the impact of seven independent variables on income inequality as a dependent using Prais-Winsten with the robust model over period 1990-2014 at 52 Lower Middle-Income Countries. The results indicate an increase in human capital (gross school enrollment tertiary) can make the income distribution more even in the long run. The writers conclude that increases in human capital can reduce Gini coefficient and hence make income distribution fairer.
format UMS Journal (OJS)
id oai:ojs2.journals.ums.ac.id:article-8517
institution Universitas Muhammadiyah Surakarta
language eng
publishDate 2020
publisher Muhammadiyah University Press
record_format ojs
spelling oai:ojs2.journals.ums.ac.id:article-8517 Eradicating Income Inequality in Lower Middle-Income Countries Pratysto, Tangguh Panjaitan, Ingrid School Enrollment Tertiary; Income Inequality; Gini coefficient; Human Capital; Income Distribution I24 Studying the distribution of income is an important issue to know what factors which affect to make income distribution more equitable, what factors can be the key to resolving the problem of income inequality, and shortening the distance between the poor and the rich. This paper studies the relationship between human capital, inflation rate, unemployment rate, physical capital, fiscal expenditure, gross domestic product growth, and urbanization on income inequality in 52 Lower Middle-Income Countries throughout 1990-2014. The authors estimate the impact of seven independent variables on income inequality as a dependent using Prais-Winsten with the robust model over period 1990-2014 at 52 Lower Middle-Income Countries. The results indicate an increase in human capital (gross school enrollment tertiary) can make the income distribution more even in the long run. The writers conclude that increases in human capital can reduce Gini coefficient and hence make income distribution fairer. Muhammadiyah University Press Kementerian Riset, Teknologi, dan Pendidikan Tinggi Republik Indonesia 2020-01-09 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf https://journals.ums.ac.id/index.php/JEP/article/view/8517 10.23917/jep.v20i2.8517 Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan; Vol 20, No 2 (2019): JEP 2019; 222-231 2460-9331 1411-6081 eng https://journals.ums.ac.id/index.php/JEP/article/view/8517/5185 https://journals.ums.ac.id/index.php/JEP/article/downloadSuppFile/8517/1053 Copyright (c) 2020 Jurnal Ekonomi Pembangunan: Kajian Masalah Ekonomi dan Pembangunan https://creativecommons.org/licenses/by/4.0
spellingShingle School Enrollment Tertiary; Income Inequality; Gini coefficient; Human Capital; Income Distribution
I24
Pratysto, Tangguh
Panjaitan, Ingrid
Eradicating Income Inequality in Lower Middle-Income Countries
title Eradicating Income Inequality in Lower Middle-Income Countries
title_full Eradicating Income Inequality in Lower Middle-Income Countries
title_fullStr Eradicating Income Inequality in Lower Middle-Income Countries
title_full_unstemmed Eradicating Income Inequality in Lower Middle-Income Countries
title_short Eradicating Income Inequality in Lower Middle-Income Countries
title_sort eradicating income inequality in lower middle income countries
topic School Enrollment Tertiary; Income Inequality; Gini coefficient; Human Capital; Income Distribution
I24
topic_facet School Enrollment Tertiary; Income Inequality; Gini coefficient; Human Capital; Income Distribution
I24
url https://journals.ums.ac.id/index.php/JEP/article/view/8517
work_keys_str_mv AT pratystotangguh eradicatingincomeinequalityinlowermiddleincomecountries
AT panjaitaningrid eradicatingincomeinequalityinlowermiddleincomecountries