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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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 |