Research Article

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

Volume: 6 Number: 2 December 30, 2021
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Economic Nature of Social Inequality, The Impacts of Education and Health Expenditures, and Unemployment on Income Inequality in Turkey and Selected OECD Countries

Abstract

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.

Keywords

References

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  3. Alderson, A., Nielsen F. (2002). Globalization and the Great U-Turn: Income Inequality Trends in 16 OECD Countries, American Journal of Sociology, 107(5), 1244-1299.
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  5. Anderson, E., D’Orey, M. A. J., Duvendack, M., & Esposito, L. (2017). Does government spending affect income inequality? A meta-regression analysis, Journal of economic surveys, 31(4): 1-27.
  6. Barro, R. (2000). Inequality and Growth in a Panel of Countries, Journal of Economic Growth, 5(1), 5-32.
  7. Becker, G. S., Chiswick, B. R. (1966). Education and the distribution of earnings. American Economic Review 56(2): 358-369.
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Details

Primary Language

English

Subjects

Economics

Journal Section

Research Article

Publication Date

December 30, 2021

Submission Date

March 26, 2021

Acceptance Date

May 11, 2021

Published in Issue

Year 2021 Volume: 6 Number: 2

APA
Şenol, N., & Orhan, A. (2021). Economic Nature of Social Inequality, The Impacts of Education and Health Expenditures, and Unemployment on Income Inequality in Turkey and Selected OECD Countries. JOEEP: Journal of Emerging Economies and Policy, 6(2), 37-43. https://izlik.org/JA24BZ42AW
AMA
1.Şenol N, Orhan A. Economic Nature of Social Inequality, The Impacts of Education and Health Expenditures, and Unemployment on Income Inequality in Turkey and Selected OECD Countries. JOEEP. 2021;6(2):37-43. https://izlik.org/JA24BZ42AW
Chicago
Şenol, Neslihan, and Ayhan Orhan. 2021. “Economic Nature of Social Inequality, The Impacts of Education and Health Expenditures, and Unemployment on Income Inequality in Turkey and Selected OECD Countries”. JOEEP: Journal of Emerging Economies and Policy 6 (2): 37-43. https://izlik.org/JA24BZ42AW.
EndNote
Şenol N, Orhan A (December 1, 2021) Economic Nature of Social Inequality, The Impacts of Education and Health Expenditures, and Unemployment on Income Inequality in Turkey and Selected OECD Countries. JOEEP: Journal of Emerging Economies and Policy 6 2 37–43.
IEEE
[1]N. Şenol and A. Orhan, “Economic Nature of Social Inequality, The Impacts of Education and Health Expenditures, and Unemployment on Income Inequality in Turkey and Selected OECD Countries”, JOEEP, vol. 6, no. 2, pp. 37–43, Dec. 2021, [Online]. Available: https://izlik.org/JA24BZ42AW
ISNAD
Şenol, Neslihan - Orhan, Ayhan. “Economic Nature of Social Inequality, The Impacts of Education and Health Expenditures, and Unemployment on Income Inequality in Turkey and Selected OECD Countries”. JOEEP: Journal of Emerging Economies and Policy 6/2 (December 1, 2021): 37-43. https://izlik.org/JA24BZ42AW.
JAMA
1.Şenol N, Orhan A. Economic Nature of Social Inequality, The Impacts of Education and Health Expenditures, and Unemployment on Income Inequality in Turkey and Selected OECD Countries. JOEEP. 2021;6:37–43.
MLA
Şenol, Neslihan, and Ayhan Orhan. “Economic Nature of Social Inequality, The Impacts of Education and Health Expenditures, and Unemployment on Income Inequality in Turkey and Selected OECD Countries”. JOEEP: Journal of Emerging Economies and Policy, vol. 6, no. 2, Dec. 2021, pp. 37-43, https://izlik.org/JA24BZ42AW.
Vancouver
1.Neslihan Şenol, Ayhan Orhan. Economic Nature of Social Inequality, The Impacts of Education and Health Expenditures, and Unemployment on Income Inequality in Turkey and Selected OECD Countries. JOEEP [Internet]. 2021 Dec. 1;6(2):37-43. Available from: https://izlik.org/JA24BZ42AW

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