Economic development and income inequality. A European case of study
Quintana Garcia, Sergi
Esnaola Acebes, Mikel, dir. (Universitat Autònoma de Barcelona. Departament d'Economia i d'Història Econòmica)
Universitat Autònoma de Barcelona. Facultat d'Economia i Empresa

Date:	2019
Description:	44 pag.
Abstract:	This work studies the relationship between economic development and income inequality in 29 European countries over the period 1995 to 2018. To measure economic development GDP per capita has been used. To measure income inequality 4 different proxies have been used: the Gini coefficient and the share of income received by the top 1%, the top 10%, and the bottom 50% income earners. Furthermore, 6 control variables have been added to the analysis, those variables are: GDP per capita growth (annual %), inflation measured by consumer prices (annual %), GDP gross domestic savings (% of GDP), urban population (% of total population) and total general government expenditure (% of GDP). To test for the effect a total amount of 24 linear mixed effect models have been produced following a sequential strategy for the variable selection process. The results obtained shows that there is a negative significant relationship between economic development and income inequality. Also provides empirical evidences between the link of the control variables and income inequality. Overall, GDP per capita increases leads to increases in income inequality, before and after introducing the control variables.
Rights:	Aquest document està subjecte a una llicència d'ús Creative Commons. Es permet la reproducció total o parcial, la distribució, la comunicació pública de l'obra i la creació d'obres derivades, fins i tot amb finalitats comercials, sempre i quan aquestes es distribueixin sota la mateixa llicència que regula l'obra original i es reconegui l'autoria de l'obra original.
Language:	Anglès
Studies:	Grau en Economia [2501573]
Study plan:	Grau en Economia [1280]
Document:	Treball final de grau ; Text
Subject:	Inequality and poverty ; Economic development ; Income inequality ; 1995- 2018 ; Europe ; GDP ; Gross Domestic Product ; GDP per capita ; GDP growth

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Research literature > Bachelor's degree final project > Faculty of Economics and Business Studies