S-Space Graduate School of Public Administration (행정대학원) Dept. of Public Administration (행정학과) Korean Journal of Policy Studies (정책논총) Korean Journal of Policy Studies (정책논총) vol.28 no.1/3 (2013)
Education and Income Inequality Reconsidered: A Cross-Country Analysis of Data from 1960-2000
- Kim, Eunju
- Issue Date
- Korean Journal of Policy Studies, Vol.28 No.1, pp. 43-65
- education inequality; income inequality; education Gini; comparative inequality studies; panel analysis
- Recent comparative inequality studies have addressed not only income but also other dimensions such as education and health inequality. Education has been believed to play a critical role in the nexus of inequality and growth. This study examines whether education distribution has an effect on income inequality. It empirically analyzes the relationship between education inequality and income inequality using quinquennial panel data from 100 countries for 1960-2000. The results show that education inequality and income inequality have a nonlinear, inverted-U-shaped relationship. This relationship appeared more consistently in developing countries. These findings suggest that educational opportunities should be more equally provided for better income distribution, especially in developing countries.