scholarly journals Analysis of Income Distribution and Economic Growth Relation in Process of Neoliberal Economic Policies in Turkey

2016 ◽  
Author(s):  
Ahmet İncekara ◽  
Betül Mutlugün
Keyword(s):  
Economic Growth ◽  
Income Inequality ◽  
Income Distribution ◽  
Social Issues ◽  
Transformation Process ◽  
Moral Concern ◽  
Economic Policies ◽  
Unequal Distribution ◽  
Vast Literature ◽  
Distribution Of Income

Income inequality has long been the economic, social, political and moral concern for many countries. Attaining more fair income distribution along with economic growth and development has started to gain importance. But in spite of the vast literature on income distribution and economic growth, there remains disagreement on the effect of income inequality on economic growth. With the transformation process as a result of neoliberal policies implemented since the late 1970’s, unequal distribution of income became more apparent in terms of economic and social issues. In this study, the effect of neoliberal economic policies on income inequality and economic growth has been analyzed in the context of social classes.

Measuring the Effect of Wage Inequality on Income Distribution via Theil Index in the Manufacturing Industry of Spain-Portugal

2021 ◽  
pp. 208-224
Author(s):  
Özgür Bayram Soylu ◽  
Ayhan Orhan ◽  
Murat Emikönel
Keyword(s):  
Income Inequality ◽  
Income Distribution ◽  
Wage Inequality ◽  
Manufacturing Industry ◽  
Manufacturing Sector ◽  
Theil Index ◽  
Economic Policies ◽  
Production Factors ◽  
Distribution Of Income ◽  
Primary Problem

Income distribution is defined as sharing income arising from the sale of products among persons, groups, or production factors in a country within specific periods. Income inequality is the wage gaps between persons, groups, or regions. Increasing income inequality is accepted as the primary problem of economies in terms of bringing along many problems. This is because the fair distribution has continued to remain on the agenda of economic policies. There are several methods in measuring the inequality in the distribution of income as well as this study utilized Theil index because of the sensitivity of related index to super and subgroups of the income distribution. Spain and Portugal, in this chapter, were accepted as a single county; Spain and Portugal (each) were accepted as the regions of this presumptive country. Under this assumption, the course of wages inequality in time was revealed by the inequality analysis that was performed for eight sub-sectors of the manufacturing sector of Spain and Portugal for the years between1995 and 2015.

scholarly journals Income inequalities: the rationale of demarcation amid growth and development

2013 ◽  
Vol 1 (1) ◽  
pp. 69-76
Author(s):  
Bharat Gahlot ◽  
Akanksha Dubey
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Income Inequality ◽  
Growth And Development ◽  
Developing Economy ◽  
Unequal Distribution ◽  
Income Equality ◽  
Income Inequalities ◽  
In The Beginning ◽  
Distribution Of Income

In this paper we provide an analytical view of the effect of income inequality over economic development even in the charisma of continuous economic growth. In the beginning a detailed discussion has been done regarding the differences between economic growth and development.Ours is a developing economy with a continuous rise in GDP. However due to unequal distribution of income, the economy has not been able to witness economic development on an overall basis. An introduction is given regarding the HDI, the ultimate measure of economic development. This paper also proves the fact that economic development is possible only if there is equality in the distribution of income.In our study we have included a number of facts and figures to conclude that income equality is a precondition for economic development. At the end, few suggestions are given as to how we can overcome this problem and promote economic development.

scholarly journals Economic Development Paper

2019 ◽  
Author(s):  
Diana Annisa
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Income Inequality ◽  
Income Distribution ◽  
High Growth ◽  
Relative Poverty ◽  
Low Level ◽  
The Poor ◽  
The Rich ◽  
Distribution Of Income

The main problems in economic development are increasing economic growth, eliminating poverty and eliminating poverty. In some destination countries it is sometimes a dilemma between emphasizing economic growth or reducing inequality in income distribution (Deininger and Olinto, 2000). High growth does not necessarily guarantee that the inequality of income distribution will be low.Poverty and income inequality are two things that are being intensely emphasized by the government's growth. Inequality is closely related to poverty because fundamentally inequality is an indicator of relative poverty, namely the gap between the rich and the poor. The low level of inequality, or the more even distribution of income, is certainly one of the important agendas of economic development.To measure economic inequality can be seen using the Gini ratio. Gini ratio is an indicator of income distribution level indicated by a coefficient of zero to one, which means the higher the coefficient, the more uneven distribution of income of the population.

scholarly journals Economic Growth and Income Inequality in Developing Countries

2015 ◽  
Vol 9 (6) ◽  
pp. 79-82 ◽  
Author(s):  
Morteza Nemati ◽  
Ghasem Raisi
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Income Inequality ◽  
Income Distribution ◽  
Economic System ◽  
Development Strategy ◽  
Low Income ◽  
Poverty Eradication ◽  
The Relationship ◽  
Selection Of

Nowadays, improvement in income distribution and poverty eradication and hence low inequality are served as the main objectives of economic and social development strategy even prior than primary tasks of governments. to manifest importance of income distribution, some economists adopt income inequality and income distribution in society as criteria for economic system of the community, although these criteria and measures are theoretical for the economic system and this varies from the perspective of different people, however, it denotes on  importance of income distribution among individuals. The main objective of this study was to evaluate the effect of economic growth on income inequality in the selection of low-income developing countries.To this end, using panel data and data for 28 developing countries over the period 1990-2010 the relationship between GDP and the Gini coefficient was examined. The results indicate that as per hypothesis Kuznets in the early stages of growth, income inequality increases and then it declines in later stage.

scholarly journals PERTUMBUHAN EKONOMI, KETIMPANGAN PEDAPATAN DAN DESENTRALISASI DI INDONESIA

KINERJA ◽  
2016 ◽  
Vol 20 (1) ◽  
pp. 53
Author(s):  
Lestari Agusalim
Keyword(s):  
Economic Growth ◽  
Income Inequality ◽  
Linear Regression ◽  
Income Distribution ◽  
Gross Domestic Product ◽  
Gini Index ◽  
National Income ◽  
Secondary Data ◽  
Independent Variables ◽  
Regression Approach

AbstrakPenelitian ini bertujuan untuk mengkaji pengaruh desentralisasi dalam mendistribusikan pendapatan nasional untuk mengurangi ketimpangan pendapatan di Indonesia. Data yang digunakan adalah data sekunder, yaitu PDB sebagai representasi pendapatan nasional dan data indeks gini sebagai representasi tingkat ketimpangan pendapatan dengan rentang waktu 1978-2015. Metode analisis menggunakan regresi linear dengan pendekatan OLS dimana Indeks gini digunakan sebagai variabel dependen, dan PDB sebagai variabel independen. Selain itu, terdapat variabel independen lainnya, yaitu variabel dummy desentralisasi yang berguna untuk mengetahui pengaruh desentralisasi terhadap ketimpangan pendapatan. Hasil analisis menunjukkan bahwa dari aspek ekonomi, desentralisasi belum mampu mendistribusikan pertumbuhan ekonomi untuk memperkecil ketimpangan pendapatan masyarakat.Kata Kunci: Pertumbuhan Ekonomi, Ketimpangan Pendapatan, DesentralisasiAbstractThis research aims to analyze the effect of decentralization on national income distribution and the reduce of income Inequality in Indonesia. This research used secondary data with gross domestic product (GDP) representing national income and gini index data representing income inequality from 1978 to 2015. An OLS Linear Regression approach was employed where the gini index was the dependent variable, and the independent variables were GDP and the Dummy for decentralization implementation. The result revealed that decentralization had not been able to distribute economic growth to minimize income Inequality.Keywords: Economic Growth, Income Inequality, Decentralization

scholarly journals THE IMPACT OF TAX POLICY ON ECONOMIC GROWTH, INCOME DISTRIBUTION, AND ALLOCATION OF TAXES

2006 ◽  
Vol 23 (2) ◽  
pp. 28-52 ◽  
Author(s):  
James D. Gwartney ◽  
Robert A. Lawson
Keyword(s):  
Economic Growth ◽  
Income Distribution ◽  
Income Tax ◽  
Tax Rates ◽  
Personal Income Tax ◽  
Income Groups ◽  
Marginal Tax Rates ◽  
Tax Changes ◽  
The Impact ◽  
Distribution Of Income

Using a sample of seventy-seven countries, this paper focuses on marginal tax rates and the income thresholds at which they apply to examine how the tax changes of the 1980s and 1990s have influenced economic growth, the distribution of income, and the share of taxes paid by various income groups. Many countries substantially reduced their highest marginal rates during the 1985-1995 period. The findings indicate that countries that reduced their highest marginal rates grew more rapidly than those that maintained high marginal rates. At the same time, the income distribution in several of the tax cutting countries became more unequal while there was little change or even a reduction in income inequality in most countries that maintained high marginal rates. Finally, the evidence suggests that there was a shift in the payment of the personal income tax away from those with low and middle incomes and toward those with the highest incomes.

Economic Policy

2019 ◽  
pp. 173-195
Author(s):  
William Keech ◽  
William Scarth
Keyword(s):  
United States ◽  
Economic Growth ◽  
Economic Policy ◽  
Fiscal Policy ◽  
Income Distribution ◽  
Political Institutions ◽  
Productivity Growth ◽  
The United States ◽  
Economic Policies ◽  
Sustainable Fiscal Policy

This chapter identifies the differing policies and outcomes that Canadians and Americans have pursued with respect to economic growth, stabilization, and income distribution, and it analyzes several factors that can partially explain why divergent policy choices have emerged. The United States (U.S.) has recorded better productivity growth, while Canada has achieved a more sustainable fiscal policy, a less fragile financial sector, and more generous distributional policies. These contrasting outcomes are related to differences in size and geography, in political culture, and in political institutions. The analysis also considers how much it may be possible for each country’s policymakers to benefit from the other’s experiences. While identifying some lessons in this regard, the authors conclude that the sheer difference in the size of the two economies affects which economic policies can be expected to be effective. As a result, it is concluded that convergence in economic policymaking will remain somewhat limited.

Economic Growth, Income Distribution, and Social Exclusion in Turkey

2021 ◽  
pp. 268-299
Author(s):  
Anıl Duman ◽  
Alper Duman
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Income Distribution ◽  
Social Exclusion ◽  
Social Inclusion ◽  
The Past ◽  
Political Cycles ◽  
Institutional Convergence ◽  
Distribution Of Income

This chapter examines the degree of income and institutional convergence between Turkey and European Union (EU) as well as trends in inequality and poverty by taking a long-term perspective as changes in polices an institutions impact on economic and social outcomes, often with considerable lags. The authors’ findings reveal that Turkey has successfully transformed its inward-looking and largely agricultural economy in the past 35 years into an export-oriented and urban-based economy. The transformation has been achieved mostly in periods of dramatic reform embedded in business and political cycles. Nevertheless, in the most recent era, there have been significant setbacks for certain groups in terms of regulatory environment, equality of opportunity, and access to markets and resources. Although there has been progress in the overall distribution of income and other aspects of social inclusion, convergence to EU standards is not easy to observe in these indicators.

On the Impact of Government Institutions on Economic Growth and Income Inequality in Russia

2019 ◽  
Vol 7 (3) ◽  
pp. 14-17
Author(s):  
Леонид Басовский ◽  
Leonid Basovskiy ◽  
В. Бабанов ◽  
V. Babanov ◽  
Елена Басовская ◽  
...  
Keyword(s):  
Economic Growth ◽  
Income Inequality ◽  
Income Distribution ◽  
Local Governments ◽  
Positive Relationship ◽  
Negative Relationship ◽  
Government Officials ◽  
Government Institutions ◽  
State And Local ◽  
The Impact

In order to assess the extent to which the institutions of government in the current conditions in recent years in Russia — the activity of government officials and local governments affected economic growth, the correlation of the number of this category of workers with the growth rates of the economy was evaluated. The results show that by 2002 the positive correlation between the number of employees of state bodies and local self-government and the rate of economic growth was a negative one. The activities of employees of state and local governments began to slow down economic growth in the country. In order to assess how the change in the level of inequality of income distribution in modern Russia is due to the activities of employees of state-shock authorities and local self-government, its relation to the number of employees in this category of funds, which reflects the degree of income inequality, was evaluated. The results show that by 2011 the negative relationship between the number of employees of state bodies and local governments and the level of inequality of income distribution of growth replaced by a positive relationship. The activities of employees of state and local governments began to contribute to reducing the level of inequality of income distribution in the country.

scholarly journals Can Reducing Income Inequality Decouple Economic Growth from CO2 Emissions?

2018 ◽  
Vol 4 ◽  
pp. 237802311877271 ◽  
Author(s):  
Julius Alexander McGee ◽  
Patrick Trent Greiner
Keyword(s):  
Economic Growth ◽  
Income Inequality ◽  
National Income ◽  
Recent Period ◽  
The Past ◽  
Socioeconomic Drivers ◽  
Advance Research ◽  
Developed Nations ◽  
The Relationship ◽  
Distribution Of Income

In the past two decades, income inequality has steadily increased in most developed nations. During this same period, the growth rate of CO2 emissions has declined in many developed nations, cumulating to a recent period of decoupling between economic growth and CO2 emissions. The aim of the present study is to advance research on socioeconomic drivers of CO2 emissions by assessing how the distribution of income affects the relationship between economic growth and CO2 emissions. The authors find that from 1985 to 2011, rising income inequality leads to a tighter coupling between economic growth and CO2 emissions in developed nations. Additionally, the authors find that increases in the top 20 percent of income earners’ share of national income have resulted in a larger association between economic growth and CO2 emissions, while increases in the bottom 20 percent of income earners’ share of national income reduced the association between economic growth and CO2 emissions.

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