| Autor: |
Felipe M. Gutiérrez-Garrido, Andrés A. Acuña-Duarte |
| Jazyk: |
English<br />Spanish; Castilian |
| Rok vydání: |
2020 |
| Předmět: |
|
| Zdroj: |
Ecos de Economía, Vol 23, Iss 49, Pp 4-28 (2020) |
| Druh dokumentu: |
article |
| ISSN: |
1657-4206 |
| DOI: |
10.17230/ecos.2019.49.1 |
| Popis: |
Four measurements of per-capita education expenditure are used to analyze its effect on income inequality at the county-level in Chile. The latter is quantified through the Gini coefficient, Theil index, and the S80/S20 and S90/S10 ratios. The longitudinal study considers 316 Chilean counties in order to estimate a fractional response probit model for the Gini coefficient and random-effects Tobit models for the remaining indicators of inequality. Main findings show that an increasing per-capita education expenditure would reduce the income inequality measured by Theil index, but it would accentuate the gap between the poorest and wealthiest decile/quantile. And a greater education expenditure on personnel and teaching staff would enlarge the Gini coefficient and S90/S10 ratio. In addition, income inequality at the county-level is exacerbated by a larger indigenous and rural population. Finally, the evidence reveals that a convex Kuznets-curve exists for the extreme values of income distribution. |
| Databáze: |
Directory of Open Access Journals |
| Externí odkaz: |
|
