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Decomposition of regional income inequality in Korea

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  • Decomposition of regional income inequality in Korea
  • Kim, Euijune
  • Oklahoma State University


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Title Decomposition of regional income inequality in Korea
Similar Titles
Material Type Reports
Author(English)

Kim, Euijune

Publisher

[Stillwater]:Oklahoma State University

Date 2003
Journal Title; Vol./Issue The Review of Regional Studies:Vol. 33(No. 3)
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Financial Policy
Economy < Economic System
Holding Oklahoma State University

Abstract

This paper analyzes sources of income inequal ity in Korea with respect to income source and region. When the Gini index of overall income inequality was decomposed by geographical boundaries, the relative contribution of between-re gion inequality to the total was 67.96 percent in 1995, showing a Gini index of 0.315. Half of this income inequality (a Gini index of 0.234) was attributable to the difference in incomes between the Seoul Metropolitan Area and the rest of the nation, and two-thirds of the income inequality within regions (a Gini index of 0.101) was attributable to the level of income inequality between subregions of the Seoul Metropolitan Area.