Publications  Income Distribution

 

Table 3  

 

Factors in Income Distribution

Pooled Data Stable Kuznets Curve

Dependent Variable: Share of the Poorest 40 Percent Coverage:
 Pakistan Excluded

Regression Number 1 2 3 4 5

Kuznets Curve:

LIN

-6.9289

-3.9827

-8.0062

-7.0360

-8.5734
t-stat. (-1.743) (-.961) (-1.832) (-1.611) (-1.756)
 prob.val. (.084) (.338) (.070) (.1 10) (.082)

LIN2

.6473 .3 770

.63 23

.5804 .723 9

t-stat.

(1.950) (1.087) (1.781) (1.643) (1.849)
prob.val. (.053) (.279) (.077) (.103) (.067)

Economic Factors

 

Growth Rate

-.070

-.0528

-.0552

-.0315

t-stat. (-.552) (-.421) (-.481) (-.267)
prob.val. (.582) (.674) (.632) (.790)

   Primary Exports

-.0752

-.0513

-.0341

-.0197

t-stat.

(-2.650)

(-1.743) (-1.211) (-.703)
prob. val.  (.009)     (.084)  (.228) (.484)

Manufactured Exports

.0357 .0368 .0399 .0361

t-stat.

(.919)

(.967)

(1.080)

(.858)

prob.val.

(.360)

(.336)

(.282) (.393)

Education:

 

Enrolment

.0610  .0287 .0108
 t-stat. (2.480)  (1.179) (.426)
prob.val. (.015) (.241) (.671)
Socio-
political System:

East Europe

 6.7108   6.4878
t-stat. (3.369)  (3.048)
prob.val. (.001) (.003)

Dualistic Society

 -1.6216 -1.7908

t-stat.

 (-1.717)  (-1.773)
prob. val. (.089) (.079)

Public Investment

.0009 .0082
t-stat. (.035) (.325)

prob. val.

(.972) (.746)

Regions:

 

S.  & Centr. America

.4445
t-stat. (.316)
 prob.val. (.753)

Africa, Sub-Sahara

-3.0385
t-stat. (-1.593)
prob. val. (.114)

Asia

 .7598

t-stat.

(.459)
prob.val. (.647)

W. Asia & N. Africa

-1.4793

t-stat.

 (-.839)
prob.va l. (.403)
Regression

statistic

R2 .3585

.4073

4362

.5463

.5827
SER 4.0474  3.9385  3.8573   3.5043 3.4196
F-stat. 8.662  7.558  7.735  9.391  8.304
Partial

 F-statistics

Kuznets Curve

4.5405

1.5871

1.7284

1.3678

1.8395

prob.val.

(.0125)

(.2087)

(.1820)

(.2587)

(.1636)

Economic Factors

3.3173 1.6739

1.2735

.6007

prob. val.

(.0221) (.1746) (.2862) (.6199)

Education

6.1520 1.3894 .1816

prob. val.

(.0145)

(.2409) (.6708)

Socio-political System

9.4642 6.6771

prob.val.

(.0001) (.0004)

Regions 

2.4655

prob.val

(.0490)

 

 

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