Convergence of Income Inequality in OECD Countries Since 1870: A Multi-Method Approach with Structural Changes

dc.authoridErdogan, Sinan/0000-0003-3491-8234
dc.contributor.authorSolarin, Sakiru Adebola
dc.contributor.authorErdogan, Sinan
dc.contributor.authorPata, Ugur Korkut
dc.date.accessioned2024-09-18T20:27:58Z
dc.date.available2024-09-18T20:27:58Z
dc.date.issued2023
dc.departmentHatay Mustafa Kemal Üniversitesien_US
dc.description.abstractThis paper aims to examine convergence of income inequality in 21 OECD countries using several empirical techniques. In particular, we have used a new panel stationarity test, which allows for structural changes and cross-sectional dependence to examine the stochastic convergence of income inequality. We also employed a time series approach, residual augmented least squares-Lagrange multiplier unit root test. The empirical results show evidence for absolute, conditional, and sigma convergence. The conditional convergence test results suggest that countries are converging, but conditional on the two structural factors-economic and population growth. The stochastic convergence test results indicate the existence of convergence at the country-specific level. The results further confirm the existence of convergent clubs among OECD countries.en_US
dc.identifier.doi10.1007/s11205-023-03080-2
dc.identifier.endpage626en_US
dc.identifier.issn0303-8300
dc.identifier.issn1573-0921
dc.identifier.issue3en_US
dc.identifier.pmid36816731en_US
dc.identifier.scopus2-s2.0-85148014226en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.startpage601en_US
dc.identifier.urihttps://doi.org/10.1007/s11205-023-03080-2
dc.identifier.urihttps://hdl.handle.net/20.500.12483/10647
dc.identifier.volume166en_US
dc.identifier.wosWOS:000932335400001en_US
dc.identifier.wosqualityQ1en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.indekslendigikaynakPubMeden_US
dc.language.isoenen_US
dc.publisherSpringeren_US
dc.relation.ispartofSocial Indicators Researchen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectIncome inequalityen_US
dc.subjectGini indexen_US
dc.subjectConvergence analysisen_US
dc.subjectStructural changesen_US
dc.titleConvergence of Income Inequality in OECD Countries Since 1870: A Multi-Method Approach with Structural Changesen_US
dc.typeArticleen_US

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