Economic Nature of Social Inequality, The Impacts of Education and Health Expenditures, and Unemployment on Income Inequality in Turkey and Selected OECD Countries

ŞENOL N., ORHAN A.

Journal of emerging economies and policy (Online), cilt.6, sa.2, ss.37-43, 2021 (Hakemli Dergi) identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 6 Sayı: 2
  • Basım Tarihi: 2021
  • Dergi Adı: Journal of emerging economies and policy (Online)
  • Derginin Tarandığı İndeksler: TR DİZİN (ULAKBİM)
  • Sayfa Sayıları: ss.37-43
  • Kocaeli Üniversitesi Adresli: Evet

Özet

Income inequality is one of the important problems that await solution and discussed in developed countries as well as in developing countries. In this empirical study, the impacts of government education expenditures, health expenditures, and unemployment on income inequality has been investigated using panel data set consisting of total 15 selected OECD countries including Turkey for the period of 2002-2018. The results of the analysis revealed that increases in the ratio of government education expenditures to Gross Domestic Product (GDP) and health expenditures to GDP contribute to reducing inequality in income distribution, while increase in unemployment rate increase income inequality for the selected OECD countries.