Investigating the Relationship between Gini Coefficient of Income Strata and Financial Depth in Iran

Nooshin Karimi Alavijeh and Sayyed Jalaee

International Journal of Management, Accounting and Economics, 2016, vol. 3, issue 2, 139-146

Abstract: Increasing financial depth is one of the main concerns of policy makers as a prerequisite for economic growth. And since poverty is one of the most important economic and social complications as well as a barrier for reaching financial development, this study tries to investigate the effects of the Gini coefficient, as a poverty measure for income strata, on financial depth during the time period between 1990 and 2011 using combinatorial data analysis. The results of the study show that there is a positive relationship between Gini coefficient in each income stratum and financial depth, which implies that increasing the financial depth does not decrease poverty in each income stratum. Moreover, there is a negative relationship between government expenses and financial depth in Iran. On the other hand, it can be said that increasing the degree of economic openness and inflation have a positive impact on financial depth.

Keywords: Gini coefficient; Financial Depth; combinatorial data (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.ijmae.com/article_115235_1ebc891eb8dfe0396df964a690a7c5cf.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:air:journl:v:3:y:2016:i:2:p:139

DOI: 10.5281/zenodo.17414205

Access Statistics for this article

More articles in International Journal of Management, Accounting and Economics from International Journal of Management, Accounting and Economics
Bibliographic data for series maintained by Dr. Behzad Hassannezhad Kashani ().