Journal of Yaşar University

Journal of Yaşar University

An Analysis of Convergence of Income Inequality in Developed and Developing Countries

Yazarlar: Hatice AKDAĞ, Mustafa ÖZER

Cilt 16 , Sayı 61 , 2021 , Sayfalar 19 - 31

Konular:Sosyal

DOI:10.19168/jyasar.757287

Anahtar Kelimeler:Income Inequality,Beta Convergence,Panel Data Methods

Özet: Even though income inequality one of the most commonly analyzed topics in economics, there are few studies aiming to examine the convergence in income inequality. By using a balanced panel of 98 countries over the period of 1995 and 2015, we provide empirical evidences of the beta convergence that explains why there is a decrease in inequality levels in countries that have high inequality levels at the start of the study period and an increase in inequality levels for countries that have low inequality levels at the first year of the sample period. The results of the study support the convergence hypothesis in inequality and provide some explanation of the reasons and the tendencies of income inequalities in countries. Thus, it is possible to derive important implications from the results of the study which contributes the convergence/divergence debate.

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@article{2021, title={An Analysis of Convergence of Income Inequality in Developed and Developing Countries}, volume={16}, number={19–31}, publisher={Journal of Yaşar University}, author={Hatice AKDAĞ,Mustafa ÖZER}, year={2021} }
APA
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Hatice AKDAĞ,Mustafa ÖZER. (2021). An Analysis of Convergence of Income Inequality in Developed and Developing Countries (Vol. 16). Vol. 16. Journal of Yaşar University.
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Hatice AKDAĞ,Mustafa ÖZER. An Analysis of Convergence of Income Inequality in Developed and Developing Countries. no. 19–31, Journal of Yaşar University, 2021.
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