Causes and Consequences of the Income Inequality in Kurdistan region of Iraq during 2018 | ||
| مجلة جامعة الانبار للعلوم الاقتصادیة والاداریة | ||
| Article 27, Volume 11, Issue 25, May 2019, Pages 557-576 PDF (979.63 K) | ||
| Authors | ||
| Mustafa Ahmad Habib .; Sherzad Ahmed Shahab . | ||
| . | ||
| Abstract | ||
| In the current paper, statistical measurement is employed to ascertain the status of the income deviation; its causes and consequences on the social groups in the Kurdistan region of Iraq during 2018. Furthermore, possible costs and benefits of income inequality in the region has been determined and evaluated. Using the data set from a 2351 households’ income and expenditure survey conducted in 2018, by the research’s team in the city of Erbil – Iraq. The results showed that there was an exacerbation of the income inequality among the lower income bracket, in particular, occurred. The results also show that factors, inter alia, the drop-in oil prices, the major national revenue; political differences between the Kurdish Regional Government and the Central Government of Iraq which led to the cut off the region’s budget by the Central Government of Iraq; an unproductive remuneration policy i.e. the wages and salaries were not always reflecting the work productivity which has been taken place so far and population growth were the major drivers on the divergence of income distribution. The analysis of the impacts of unequally distributed income on social groups shows a deterioration of the well-being of the population; an increase in criminal activities and widespread corruption in the region. | ||
| Keywords | ||
| Personal Income; inequality; Robin Hood Index; Wealth and their Distribution | ||
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