Publications  Income Distribution

 

Table 2

 

 Factors in Income Distribution

Pooled Data Stable Kuznets Curve

Dependent Variable: Gini Coefficient 

Coverage: All Countries

Regression Number 1 2 3 4 5

Kuznets Curve:

LIN .1887 .1302 .2103 .1692 .1779
t-stat. (2.331) (1 .560) (2.418) (1.984) (1.963)
 prob.val. (.021) (.121) (.017) (.049) (.052)
LIN2

-.017

-.012

-.017

-.0147

-.0155

t-stat.

(-2.625) (-1.795) (-2.459) (-2.146) (-2.183)
prob.val. (.010) (.075)  (.015) (.034) (.031)

Economic Factors

 

Growth Rate

.0010

.0001

.0004

-.0003

t-stat. (.392) (.221) (.163) (-.124)
prob.val. (.695) (.825) (.871) (.901)

   Primary Exports

.0017 .0013 .0009 .0003
t-stat.

(2.730)

(2.034)

(1.492)

(.55 1)

prob. val.

(.007)

(.044)

(.138) (.582)

Manufactured Exports

.000 1

.0001

.000 1

.0004

t-stat.

(.082)  (.116) (.142) (.539)

prob.val.

(.935)

(.908)

(.887)

(.591)

Education:

 

Enrolment

-.002

-.0007 -.0002
 t-stat.

(-2.658)

(-1.435)

(-.363)

prob.val.

(.009)

(.154)

(.717)

Socio-
political System:

East Europe

-.1225

-.1083

t-stat.  (-2.863)

(-2.539)

prob.val. (.005)

(.012)

Dualistic Society

.0412

.0322

t-stat.

(2.077)

(1.626)

prob. val.

(.040)

(.107)

Public Investment

-.0006 -.0006
t-stat.

(-.137)

(-1.197)

prob. val.

(.258)

(.234)

Regions:

 

S.  & Centr. America

.0351

t-stat.

(1.354)

 prob.val.

(.178)

Africa, Sub-Sahara .1285
t-stat.

(3.575)

prob. val.

(.000)

Asia

-.0020

t-stat.

(-.068)
prob.val. (.946)

W. Asia & N. Africa

.0702

t-stat.

(2.066)
prob.va l. (.041)
Regression

statistic

R2 .3484 .3871 .4182 .5426 .6238
SER

.0895

.0877 .0858 .0770 .0709
F-stat. 9.088

7.636

7.908

10.203 10.909
Partial

 F-statistics

Kuznets Curve

8.742

4.762

3.037

3.088

3.496

prob.val.

(.0003)

(.0101)

(.0513)

(.0490)

(.0333)

Economic Factors 2.802 1 .496

.821

.163
prob. val. (.0418) (.2172) (.4873) (.9185)
Education 7.063 2.058 .132

prob. val.

(.0088)

(.1538) (.7171)

Socio-political System

11.696 7.198

prob.val.

(.0001) (.0002)
Regions 

6.743

prob.val

(.0001)

                            

 

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