Is income inequality linked to economic freedom? Empirical evidence from oecd countries

dc.contributor.authorAcar, Yasin
dc.date.accessioned2025-05-20T18:47:56Z
dc.date.issued2018
dc.departmentBilecik Şeyh Edebali Üniversitesi
dc.description.abstractAbstract: In this paper, we study the relationship between income inequality and economic freedom. We examine OECD countries using a new database of UNU/WIDER World Income Inequality Database Version 3.4 and Fraser Institute’s Economic Freedom of the World index to measure economic freedom. Based on panel data fixed effect estimation after checking for per capita income, government education expenditure, demographics, employment in industry and services sector and political variables, we find that the higher economic freedom is associated with higher income inequality in OECD countries, in other words in developed countries. This might be explained because of less redistribution and a regressive tax system. © Peter Lang GmbH.
dc.identifier.endpage205
dc.identifier.isbn978-363174693-6
dc.identifier.isbn978-363174201-3
dc.identifier.scopus2-s2.0-85115197603
dc.identifier.scopusqualityN/A
dc.identifier.startpage195
dc.identifier.urihttps://hdl.handle.net/11552/6756
dc.indekslendigikaynakScopus
dc.institutionauthorAcar, Yasin
dc.language.isoen
dc.publisherPeter Lang Publishing Group
dc.relation.ispartofIssues in Public Sector Economics: Empirical Analysis from Various Countries
dc.relation.publicationcategoryKitap Bölümü - Uluslararası
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_Scopus_20250518
dc.subjectEconomic freedom
dc.subjectGini coefficient
dc.subjectIncome inequality
dc.subjectPanel data
dc.titleIs income inequality linked to economic freedom? Empirical evidence from oecd countries
dc.typeBook Part

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