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INCOME INEQUALITIES AMONG EARNERS ENGAGED IN SELECTED OCCUPATIONS AND PROFESSIONS IN PAKISTAN

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09 Pages : 103-120

http://dx.doi.org/10.31703/ger.2021(VI-II).09      10.31703/ger.2021(VI-II).09      Published : Jun 2021

Income Inequalities among Earners Engaged in Selected Occupations and Profession..

Abstract

    The current study investigates income in equalities among earners engaged in different occupations and professions in Pakistan using HIES data for 2010-11 and 2015-16, focusing on their yearly income. Income equation and differences of income between subgroups of the population are estimated by using the OLS method. The generalized Entropy(GE) Class method is employed to evaluate the contribution of different subgroups of household characteristics and different in come sources in overall inequality. The regression-based decomposition method is used to assess decompose changes in income inequality by various socio-economic factors. OLS estimates conclude that all variables play a significant role in explaining the differences in income. All indices of GE method indicate that inequality within the group is a greater problem than inequality experiences between groups. The decomposition method shows a positive sign of inequality decomposition for most household characteristics and income sources which depicts that these determinants have greatly contributed to overall in come in equality.

    Income Inequality; Occupations and Professions, HIES, OLS, GE, Decomposition Analysis

    (1) Rafit Saheed
    School of Public Policy, Pakistan Institute of Development Economics, Islamabad, Pakistan.
    (2) Nauman Ahmad
    Department of Econometrics and Statistics, Pakistan Institute of Development Economics, Islamabad, Pakistan.
    (3) Mirza Tahir Rahim
    Department of Economics, Allama Iqbal Open University, Islamabad, Pakistan.
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Cite this article

APA

    APA : Saheed, R., Ahmad, N., & Rahim, M. T. (2021). Income Inequalities among Earners Engaged in Selected Occupations and Profession... Global Economics Review, VI(II), 103-120. https://doi.org/10.31703/ger.2021(VI-II).09

CHICAGO

    CHICAGO : Saheed, Rafit, Nauman Ahmad, and Mirza Tahir Rahim. 2021. "Income Inequalities among Earners Engaged in Selected Occupations and Profession..." Global Economics Review, VI (II): 103-120 doi: 10.31703/ger.2021(VI-II).09

HARVARD

    HARVARD : SAHEED, R., AHMAD, N. & RAHIM, M. T. 2021. Income Inequalities among Earners Engaged in Selected Occupations and Profession... Global Economics Review, VI, 103-120.

MHRA

    MHRA : Saheed, Rafit, Nauman Ahmad, and Mirza Tahir Rahim. 2021. "Income Inequalities among Earners Engaged in Selected Occupations and Profession..." Global Economics Review, VI: 103-120

MLA

    MLA : Saheed, Rafit, Nauman Ahmad, and Mirza Tahir Rahim. "Income Inequalities among Earners Engaged in Selected Occupations and Profession..." Global Economics Review, VI.II (2021): 103-120 Print.

OXFORD

    OXFORD : Saheed, Rafit, Ahmad, Nauman, and Rahim, Mirza Tahir (2021), "Income Inequalities among Earners Engaged in Selected Occupations and Profession..", Global Economics Review, VI (II), 103-120

TURABIAN

    TURABIAN : Saheed, Rafit, Nauman Ahmad, and Mirza Tahir Rahim. "Income Inequalities among Earners Engaged in Selected Occupations and Profession..." Global Economics Review VI, no. II (2021): 103-120. https://doi.org/10.31703/ger.2021(VI-II).09