2017, Volume 70 - Issue 4
RSS feed citation: At RePEc
Publication date: 20 October 2017
INCOME INEQUALITY AND GROWTH: NEW INSIGHTS FROM ITALYRead the article
FOREIGN DIRECT INVESTMENTS, EXPORTS, UNEMPLOYMENT AND ECONOMIC GROWTH IN THE NEW EU MEMBERS – A PANEL DATA APPROACHRead the article
IS REAL DEPRECIATION OR MORE GOVERNMENT DEBT CONTRACTIONARY? THE CASE OF ROMANIARead the article
REASSESSING THE SUSTAINABILITY OF PUBLIC FINANCES IN POLAND: EVIDENCE FROM A MULTICOINTEGRATION APPROACHRead the article
Stephen FOREMAN, Crimea State Medical University, Department of Social Medicine, Crimea, Ukraine and Robert Morris University, Department of Economics, Pittsburgh, Pennsylvania, USA
This paper uses fixed effects time series cross section models to assess the impact of income distributions, wealth, education, health care spending, sanitation and public health on health across 34 high income countries over 15 years. The study employs several measures of health including survival to age 65 and neonatal and adult mortality. We compare the Gini coefficient as a measure of income inequality with a measure that incorporates income shares of high and low income segments of the population, the Palma ratio. We evaluate the effect size of the variables’ correlation with health to assess the level of the relative importance of the relationship between income inequality and health. We control for income, education, employment, technology and other variables to isolate the association between income inequality and health. Our findings indicate that income distribution in advanced countries may have an independent impact on health. The greater the share of national income earned by the poorest 40% of the population (and the lower the share of the richest 10%) the greater the odds of survival to age 65 and the lower neonatal and adult mortality rates. The effect size for survival to 65 is small but the effect size for reduced neonatal and adult mortality is substantial.
Gini Coefficient, Health, Income Distribution, Inequality, Palma Ratio
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