Diplomarbeit, 2023
60 Seiten, Note: 75%
This mini-dissertation aims to investigate the relationship between income inequality and human development in South Africa between 1998 and 2018. Using data from Quantec Easy, the study examines the impact of income disparity, measured by the Gini Coefficient, on human development, assessed by the Human Development Index (HDI). The research employs the Autoregressive Distributed Lag (ARDL) model in conjunction with the Error Correction Model (ECM) to identify long-term relationships between income disparity and human development.
Chapter 1 introduces the research problem, outlining the study's objectives and hypotheses. It also discusses the justification for the research, ethical considerations, delimitations, and the dissertation's structure. Chapter 2 provides an overview of the relationship between income inequality and human development. It defines human development, explores income inequality, examines the Gini Coefficient, and compares human development in South Africa to other regions. This chapter also presents an overview of South Africa's income inequality and GDP.
The study focuses on the keywords: income inequality, South Africa, human development, Life expectancy at birth, Expected years of schooling, mean years of schooling, ARDL model, Gini Coefficient, and Human Development Index.
The study analyzes how income disparity, measured by the Gini Coefficient, impacts the Human Development Index (HDI), showing long-term negative correlations.
The Gini Coefficient is a statistical measure of distribution used to represent the income or wealth inequality within a nation or social group.
The research employed the Autoregressive Distributed Lag (ARDL) model in conjunction with the Error Correction Model (ECM) to identify long-term connections.
Key factors include life expectancy at birth, expected years of schooling, mean years of schooling, and gross national income per capita.
The study suggests developing targeted policies to mitigate income disparity to foster sustainable human evolution and improve overall living standards.
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