Macroeconomic determinants of income inequality in India and Pakistan

Autor:	Kashif MUNIR, Maryam SULTAN
Jazyk:	angličtina
Rok vydání:	2017
Předmět:	income inequality macroeconomic determinants panel data India Pakistan Business HF5001-6182 Economic theory. Demography HB1-3840 Economics as a science HB71-74
Zdroj:	Theoretical and Applied Economics, Vol XXIV, Iss 4, Pp 109-120 (2017)
Druh dokumentu:	article
ISSN:	1841-8678 1844-0029
Popis:	The objective of this study is to determine the macroeconomic determinants of income inequality in India and Pakistan. The study uses panel data from 1973 to 2015 and utilizes FEM model to estimate the parameter. Following general to specific methodology macroeconomic determinants of income inequality are found. The study finds the following macroeconomic variables as determinants of income inequality i.e. per capita GDP, government consumption expenditure, fertility rate, value addition by agricultural sector, per capita arable land, urban population, and globalization. Special attention must be given to reduce high fertility rate, especially in the lower class of the society.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/6e2cb1f61e3b443bbf63c478ee9214b6 Zobrazit plný text záznamu View record in DOAJ Plný text ve formátu PDF