More on the Impact of Economic Freedom on the Black–White Income Gap

2016 ◽  
Vol 46 (2) ◽  
pp. 205-223 ◽  
Author(s):  
Gary A. Hoover ◽  
Ryan A. Compton ◽  
Daniel C. Giedeman
Keyword(s):  
Household Income ◽  
Economic Freedom ◽  
Black Household ◽  
Household Level ◽  
Black And White ◽  
White Household ◽  
Level Data ◽  
Household Incomes ◽  
The Impact ◽  
Positive Effect

Using household-level data from 1980 to 2010, we examine whether economic freedom, as measured by the Economic Freedom of North America Index, has similar effects on white household income as it does on black household income. Our findings suggest that the positive effect of economic freedom found in most studies affects black households less than white households. Further, using the Oaxaca decomposition, our results show that economic freedom is an important factor explaining the gap between black and white household incomes.

Rural finance, scale management and rural industrial integration

2020 ◽  
Vol 12 (2) ◽  
pp. 349-365 ◽  
Author(s):  
Xiujuan Tian ◽  
Manhua Wu ◽  
Lin Ma ◽  
Ning Wang
Keyword(s):  
Probit Regression ◽  
Rural Finance ◽  
Content Type ◽  
Household Level ◽  
Level Data ◽  
Policy Suggestions ◽  
Agricultural Census ◽  
High Degree ◽  
The Impact ◽  
Positive Effect

Purpose The purpose of this paper is to empirically investigate the effect of rural finance on industrial integration of rural primary, secondary and tertiary industries. Design/methodology/approach Using household-level data collected by Third National Agricultural Census and the provincial-level data collected from Wind database, the authors estimated the impacts of rural finance on rural industrial integration using Logit and Probit regression models. Further, the authors examined how the effect of rural finance varies with the age and education of householders, and with household and provincial characteristics by investigating the moderating effect. Findings The findings show that rural finance has a significant and positive effect on promoting farmers’ participation in new agricultural management organizations. This effect is more obvious in families whose householders are 40–50 years old, or families that have more educated members. This is because the middle-aged or educated people are more willing to accept and take part in industrial integration. The results further indicate that rural finance has a greater effect on industrial integration in provinces with a high degree of marketization, and in provinces with the high output value of industries and services in agricultural intermediate input. Originality/value The authors investigated the impact of rural finance on rural industrial integration empirically, and this topic is rarely covered before. The findings of this study also enrich the literature on financial development and economic growth as well as provide policy suggestions on how to promote rural industrial integration.

The Driving Forces of Rising Inequality in Spain

2018 ◽  
Author(s):  
Luis Ayala ◽  
Olga Cantó
Keyword(s):  
Economic Crisis ◽  
Household Income ◽  
Driving Forces ◽  
Macroeconomic Fluctuations ◽  
Real Wages ◽  
Spanish Economy ◽  
Household Level ◽  
Major Factors ◽  
Household Incomes ◽  
The Impact

This chapter describes the major changes in the Spanish economy over the period since the late 1970s and how these gave rise to the trends in inequality and household incomes it tracks. The substantial increases in real wages and incomes over the period, and how these differed over different sub-periods in the context of macroeconomic fluctuations, are emphasized. The changes in employment at individual and household level that took place alongside significant developments in the tax and transfer systems are brought out as major factors underpinning household income change. The contrast between the growth registered in the decades up to the economic Crisis and the severity of the recession it brought on is highlighted, and the extent of the impact of the recession on employment and household incomes is driven home.

Middle and Below Living Standards: What Can We Learn from Beyond Income Measures of Economic Well-being?

2018 ◽  
Author(s):  
Marii Paskov ◽  
Joan E. Madia ◽  
Tim Goedemé
Keyword(s):  
Well Being ◽  
Material Deprivation ◽  
Living Standards ◽  
Household Level ◽  
The Great Recession ◽  
Level Data ◽  
Working Age ◽  
Household Incomes ◽  
The Relationship ◽  
Economic Well Being

This chapter complements the income-based measures of living standards on which earlier chapters have focused by incorporating non-income dimensions of economic well-being into its analysis, including indicators of material deprivation, economic burdens, and financial stress. It analyses how working-age households around and below the middle of the income distribution fared in European countries in the years before, during, and after the Great Recession. Harmonized household-level data across the members of the EU are analysed to see whether the evolution of these various non-income measures present a similar or different picture to household incomes over time. To probe what lies behind the patterns this reveals, four quite different countries are then examined in greater depth. Finally, the chapter also explores the relationship between material deprivation for households around and below the middle and overall income inequality.

scholarly journals PAJAK EKSPOR, PERTUMBUHAN EKONOMI, DAN PENDAPATAN: KASUS AGROINDUSTRI DI INDONESIA

KINERJA ◽  
2017 ◽  
Vol 18 (2) ◽  
pp. 180
Author(s):  
Lestari Agusalim
Keyword(s):  
Household Income ◽  
Tax Policy ◽  
Cge Model ◽  
Real Gdp ◽  
Export Tax ◽  
Industry Output ◽  
Agricultural Household ◽  
Negative Effect ◽  
Household Incomes ◽  
Positive Effect

This research aims to analyze whether export tax policy and the policy of productivity increment of agro industry based upstream and downstream sectors can increase real GDP growth, agro industry output, andhousehold income. The model used in this research is a comparative static Computable General Equilibrium (CGE) model. The data used are from the 2008 Input-Output Table, the 2008 System Accounting Matrix (SAM)Table, and other relevant suporting sources. The three simulations conducted in this research are: (1) export tax policy on agro industry’s upstream sector (SIM1), (2) export tax and productivity increment policies on agro industry’s upstream sector (SIM2), and (3) export tax and productivity increment policies on agro industry’s upstream and downstream sectors (SIM3). The three simulations will be adjusted to the government’s policies to suport agro industries’ downstream. SIM1 has negative effect on real GDP and only increases agro industry output in certain sectors only. SIM2 and SIM3 have positive effect on real GDP and increases agro industryoutput. All simulations increase non-agricultural household incomes, and decrease agricultural household incomes.Keywords: agroindustry, export tax, real GDP, household income

scholarly journals State policy on the functioning of institute of bankruptcy in Ukraine

2019 ◽  
Vol 2 (4) ◽  
pp. 86-104
Author(s):  
Yuliya Orlovska ◽  
Nika Ilkova
Keyword(s):  
State Policy ◽  
Economic Freedom ◽  
Input Data ◽  
State Regulation ◽  
The Other ◽  
Main Task ◽  
Doing Business ◽  
National Economic ◽  
The Impact ◽  
Positive Effect

It is precisely in the course of adjusting the activities of these subjects, the main task of state regulation of the bankruptcy institute is the formation of such conditions for the functioning of the national economy, which will reduce the risk of doing business for all its entities and promote the internal reorganization of its structure in accordance with the requirements of global transformations. The system of indicators describing the situation in a certain area of ​​the functioning of national economic entities allows us to determine, directly or indirectly, the effectiveness of the bankruptcy institute at the macro-level. To analyze the impact of each of the factors on GDP, a sensitivity analysis was conducted according to which input data X were recorded at the values ​​of 2018 and alternately changed by 10%. For each such change, GDP was calculated as compared to the model value for 2018. As a result of the calculations, the most sensitive factors were identified and features of the functioning of the bankruptcy institute in the Ukrainian economy were identified. The main provisions of a state policy aimed at increasing the functional effectiveness of the bankruptcy institute are formulated. First of all, it is necessary to promote the country's position in the Doing business rankings, as well as the Indexes of Economic Freedom and Corruption Perceptions. On the other hand, an annual growth of the inflation index of around 10% and the level of the fiscal tax burden will also have a positive effect on GDP dynamics.

scholarly journals Remittances and Income Smoothing

2011 ◽  
Vol 101 (3) ◽  
pp. 582-587 ◽  
Author(s):  
Catalina Amuedo-Dorantes ◽  
Susan Pozo
Keyword(s):  
Developing Countries ◽  
Household Income ◽  
Borrowing Constraints ◽  
Income Smoothing ◽  
Reverse Causality ◽  
Income Volatility ◽  
Household Level ◽  
Level Data ◽  
Main Motive

Due to inadequate savings and binding borrowing constraints, income volatility can make households in developing countries particularly susceptible to economic hardship. We examine the role of remittances in either alleviating or increasing household income volatility using Mexican household level data over the 2000 through 2008 period. We correct for reverse causality and endogeneity and find that while income smoothing does not appear to be the main motive for sending remittances in a non-negligible share of households, remittances do indeed smooth household income on average. Other variables surrounding income volatility are also considered and evaluated.

Chimborazo Rural Investment Project: Rural Roads Component Impact Evaluation

2021 ◽  
Author(s):  
Leonardo Corral ◽  
Giulia Zane
Keyword(s):  
Household Income ◽  
Impact Evaluation ◽  
Positive Impact ◽  
Investment Project ◽  
Indigenous Communities ◽  
Rural Roads ◽  
Self Employment ◽  
Household Members ◽  
The Impact ◽  
Positive Effect

This paper evaluates the impact of rural roads improvement works to benefit indigenous communities in the highlands of Ecuador, largely dependent on agriculture for their livelihoods. The findings suggest that the program had a positive impact on health and that it increased enrollment in secondary education. We find no evidence that treated households increased their investment in plot improvements and agricultural inputs. However, household members are more likely to report self-employment in agriculture as their main occupation. The effect on agricultural output and sales was positive but not statistically significant. Finally, there is no evidence that the program had any positive effect on overall household income, female empowerment and food security.

scholarly journals The Impact of Education on Household Income in Rural Vietnam

2020 ◽  
Vol 8 (1) ◽  
pp. 11 ◽  
Author(s):  
Hung Van Vu
Keyword(s):  
Quantile Regression ◽  
Household Income ◽  
Living Standard ◽  
Regression Analyses ◽  
Poor Households ◽  
Quantile Regression Analysis ◽  
Research Findings ◽  
Using Data ◽  
The Impact ◽  
Positive Effect

Using data from the 2018 Vietnam Household Living Standard Survey, our study investigates the impact of education on household income in rural Vietnam. Both mean and quantile regression analyses were employed to analyze the impact of education. We found that education has a positive effect on the household income after controlling for various factors in the models. However, quantile regression analysis reveals that the effect of schooling years increases with quantiles, suggesting that education bring higher returns for richer households. We also found that households with the heads having higher qualifications or vocational education tend to earn higher income levels. Combined together, these findings imply that while education was found to increase household income, it increases income inequality in rural Vietnam. Our research findings suggest that improving the access of poor households to better education is expected to increase their income and reduce inequality in rural Vietnam.

scholarly journals The Effect of Farmer-Pastoralist Violence on Income: New Survey Evidence from Nigeria’s Middle Belt States

2015 ◽  
Vol 10 (1) ◽  
Author(s):  
Topher L. McDougal ◽  
Talia Hagerty ◽  
Lisa Inks ◽  
Claire-Lorentz Ugo-Ike ◽  
Caitriona Dowd ◽  
...  
Keyword(s):  
Informal Economy ◽  
Household Income ◽  
Negative Binomial ◽  
Household Survey ◽  
Violent Conflict ◽  
Inverse Relation ◽  
Jel Codes ◽  
Household Level ◽  
Household Incomes ◽  
The Relationship

This study estimates the relationship between violent conflict and household income in four states of Nigeria’s Middle Belt region (Benue, Kaduna, Nasarawa, and Plateau) where farmers and pastoralists routinely clash over access to farmland, grazing areas, stock routes, and water points for animals and households. Although relatively low in intensity, this form of violence is widespread, persistent, and arguably increasing in its incidence. We obtained data on income and household-level violence exposure from an original household survey administered in September 2014. Employing a negative binomial instrumental variables model, we find an inverse relation between violence and household incomes. Incomes could be increased by between 64 to 210 percent of current levels if violence related to farmer-pastoralist conflict in the four study states were reduced to near-zero. Cumulatively, we find that forgone income represents 10.2 percent of the combined official state domestic product in the study area. This is high when compared to the costs of conflict measured in other studies, even as our study takes account only of microeconomic costs. After incorporating an estimate of the size of the informal economy, the microeconomic cost of farmer-pastoralist conflict to the total economy is approximately 2.9 percent. [JEL codes: C36, D74, J17]

scholarly journals The Impact of Land Conversion on Income and Food Security Status For Farmer Households in 5 Villages in Temon Sub-District, Kulon Progo District, 2017

2017 ◽  
Vol 21 (2) ◽  
pp. 180
Author(s):  
Anisa Nurpita ◽  
Latri Wihastuti ◽  
Ike Yuli Andjani
Keyword(s):  
Food Security ◽  
Food Insecurity ◽  
Household Income ◽  
Secondary Data ◽  
Primary Data ◽  
Land Conversion ◽  
Paired Samples ◽  
Food Security Status ◽  
Household Incomes ◽  
The Impact

Preparation for the construction and development of  NYIA airport in Temon sub district, Kulon Progo district, D.I. Yogyakarta province has caused displacement of people for their land, including farmers. Farmers affected are located in five villages that include Jankaran, Palihan, Sindutan, Glagah and Kebon Rejo. The objective of this resrarch is to  analyze the impact of land conversion on farmer household incomes and food security status.  The research used both primary and secondary data. Primary data was collected using structured questionnaire.  Analysis of data was based on descriptive statistics and test of differences between paired samples. Results showed that land conversion has had a negative and significant influence on incomes of affected farmer households. The decline in household income of farmers in 5 villages in Temon sub district among other factors, is attributable to the reduction in farming land. Secondly, consequently, loss of farmer household income aggravated the vulnerability of the affected households to food insecurity.  The number of farmer households that experienced food insecurity increased from 87 percent of all farmer households prior to land conversion to 90 percent after land conversion. Conclusions formed the basis for several policy recommendations to mitigate and if possible overcome the problem.

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