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Regional Income Distribution in the European Union: A Parametric Approach

Spasova, Tsvetana. (2019) Regional Income Distribution in the European Union: A Parametric Approach. Research on Economic Inequality, 27. pp. 1-18.

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Official URL: https://edoc.unibas.ch/80264/

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Abstract

This chapter studies trends in income distributions and inequality in the European Union using data from the European Union Statistics on Income and Living Conditions. The author models the income distribution for each country under a Dagum distribution assumption and using maximum likelihood techniques. The author uses parameter estimates to form distributions for regions defined as finite mixtures of the country distributions. Specifically, the author studies the groups of 'new' and 'old' countries depending on the year they joined the European Union. The author provides formulae and estimates for the regional Gini coefficients and Lorenz curves and their decomposition for all the survey years from 2007 through 2011. The estimates of this study show that the 'new' European Union countries have become richer and less unequal over the observed years, while the 'old' ones have undergone a slight increase in inequality which is however not significant at conventional levels.
Faculties and Departments:06 Faculty of Business and Economics > Departement Wirtschaftswissenschaften
06 Faculty of Business and Economics > Departement Wirtschaftswissenschaften > Professuren Wirtschaftswissenschaften > ├ľkonometrie und Statistik (Kleiber)
UniBasel Contributors:Spasova, Tsvetana
Item Type:Article, refereed
Article Subtype:Research Article
Publisher:Emerald Publishing Limited
ISBN:978-1-78973-378-5
e-ISBN:978-1-78973-377-8
ISSN:1049-2585
Note:Publication type according to Uni Basel Research Database: Journal article
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Last Modified:27 Aug 2021 05:56
Deposited On:07 Jan 2021 15:12

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