Akademik Veri Yönetim Sistemi
ESKISEHIR OSMANGAZI UNIVERSITESI IIBF DERGISI-ESKISEHIR OSMANGAZI UNIVERSITY JOURNAL OF ECONOMICS AND ADMINISTRATIVE SCIENCES, cilt.15, sa.1, ss.331-346, 2020 (ESCI)
It is argued that income, which represents the value created as a result of the production processes, has a significant impact on the economies of the country in terms of the income distribution. There are many and varied factors affecting income distribution. In this study, the effects of economic growth on income distribution were analyzed by using static panel data method. Economic growth and Gini data for the years 1995-2013 were used for ten selected transition economies. The main purpose of the study is to test the validity of the Kuznets inverse-U hypothesis for transition economies. According to the findings of the study, income inequality increased in the early stages of economic development in transition economies, consistent with the Kuznets inverse-U hypothesis. In the later stages of the development, it was found that economic growth had a decreasing effect on income inequality. Among the control variables, education was found to be statistically significant. The effect of public expenditures on income inequality was not statistically significant. Overall, the results support the Kuznets inverse-U hypothesis in transition economies examined.