The Effects of Macroeconomic Variables on Income Inequality Based on Cross-Section Analysis

Bingyue Bai ()
Additional contact information
Bingyue Bai: Guizhou University, College of Science and Technology

A chapter in Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022), 2022, pp 345-353 from Springer

Abstract: Abstract Almost all countries in the world are experiencing economic growth and technological progress, but the gap between rich and poor is also steadily widening. As a result, the income inequality has become an important issue that every country must face. Using cross-sectional data from 54 different countries in 2013, this study examines the influencing factors of income inequality. Data analysis shows that external balance, R&D expenditure and inflation have a positive impact on the Gini index. Moreover, higher tariff levels and exports of goods and services will reduce income inequality. This paper helps to explain the problems with macroeconomic tools and the causes of income inequality.

Keywords: Income inequality; R&D expenditure; GINI index; Tariff rate (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:advbcp:978-94-6463-052-7_40

Ordering information: This item can be ordered from
http://www.springer.com/9789464630527

DOI: 10.2991/978-94-6463-052-7_40

Access Statistics for this chapter

More chapters in Advances in Economics, Business and Management Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().