Understating (Under)Development Through Inequality and Poverty: A Principal Component Analysis

Diego Gomez, Sebastian Aparicio and David Urbano
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Diego Gomez: Fundación ECSIM
David Urbano: Universitat Autònoma de Barcelona

Chapter 11 in Driving Complexity in Economic Development, 2023, pp 345-366 from Springer

Abstract: Abstract Many studies analyze the causal effects of certain economic, social, and institutional factors on variables such as poverty and income distribution. Still, there is much room for work on different methodologies for the analysis of the main factors of both poverty and income distribution. In this chapter, we use Principal Component Analysis (PCA) to determine the key factors grouped together, such as economic, institutional, private, and social ones, in order to provide useful policy implications.

Keywords: Inequality; Poverty; Economic development; Entrepreneurship (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-34386-5_11

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DOI: 10.1007/978-3-031-34386-5_11

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