Publications  Income Distribution

Table 1

Factors in income distribution (stable Kuznets curve).

Left-hand variable

Gini coefficient

Share of the poorest 40%

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

Constant

-0.044

(-0.19)

-0.026

(-0.11)

-0.041

(-0.18)

-0.065

(-0.25)

32.79

(2.84)

37.33

(3.28)

33.73

(2.85)

36.62

(2.73)

Kuznets curve

 

 

 

 

 

 

 

 

Log (INC)

0.189

(2.33)

0.191

(2.46)

0.162

(2.00)

0.183

(2.11)

-6.93

(-1.74)

-8.57

(-2.20)

-6.98

(-1.68)

-8.08

(-1.73)

Log (INC)2

-0.018

(-2.63)

-0.016

(-2.55)

-0.014

(-2.08)

-0.016

(-2.24)

0.647

(1.95)

0.703

(2.20)

0.569

(1.67)

0.697

(1.83)

Social factors

 

 

 

 

 

 

 

 

East Europe

 

-0.124

(-2.95)

-0.122

(-2.87)

-0.109

(-2.51)

 

6.94

(3.51)

6.72

(3.33)

6.78

(3.14)

Dual society

 

0.049

(2.73)

0.040

(2.17)

0.033

(1.76)

 

-1.62

(-1.91)

-1.38

(-1.56)

-1.63

(-1.68)

Government

intervention

 

-0.0005

(-0.96)

-0.0006

(-1.21)

-0.0006

(-1.09)

 

-0.0006

(-0.03)

-0.004

(-0.15)

-0.008

(0.32)

Education

 

-0.001

(-2.29)

-0.001

(-2.18)

-0.0004

(-0.723)

 

0.047

(2.02)

0.041

(174)

0.014

(0.53)

Economic factors

 

 

 

 

 

 

 

 

Growth rate

 

 

0.0006

(0.25)

0.00001

(-0.04)

 

 

-0.045

(-0.39)

-0.37

(-0.31)

Primary

exports

 

 

0.0001

(1.67)

0.0003

(0.47)

 

 

-0.039

(-1.34)

-0.069

(-0.64)

Manufactured exports

 

 

0.0002

(0.35)

0.0002

(0.29)

 

 

0.004

(0.15)

0.007

(0.22)

Regional factors

 

 

 

 

 

 

 

 

South & Central

America

 

 

 

0036

(1.39)

 

 

 

0.32

(0.23}

Africa sub-Sahara

 

 

 

0.129

(3.61)

 

 

 

-2.69

(-1.43)

Asia

 

 

 

0.003

(0.12)

 

 

 

1.21

(0.78)

West Asia & North Africa

 

 

 

0.069

(2.04)

 

 

 

-1.21

(-0.69)

Statistics

 

 

 

 

 

 

 

 

R2

0.348

0.541

0.552

0.623

0.359

0.537

0.545

0.578

SER

0.089

0.076

0.076

0.071

4.05

3.50

3.51

3.44

F

9.09

12.99

10.59

10.89

8.66

11.58

9.35

8.16

   t-statistics in parentheses. Not shown are the six corrective dummy variables.

 

 

 

 

 

 

OK Economics was designed and it is maintained by Oldrich Kyn.
To send me a message, please use one of the following addresses:

okyn@bu.edu --- okyn@verizon.net

This website contains the following sections:

General  Economics:

http://econc10.bu.edu/GENEC/Default.htm

Economic Systems:  

http://econc10.bu.edu/economic_systems/economics_system_frame.htm

Money and Banking:

http://econc10.bu.edu/Ec341_money/ec341_frame.htm

Past students:

http://econc10.bu.edu/okyn/OKpers/okyn_pub_frame.htm

Czech Republic

http://econc10.bu.edu/Czech_rep/czech_rep.htm

Kyn’s Publications

http://econc10.bu.edu/okyn/OKpers/okyn_pub_frame.htm

 American education

http://econc10.bu.edu/DECAMEDU/Decline/decline.htm

free hit counters
Nutrisystem Diet Coupons