Human capital inequality and income inequality: testing for causality

被引：0
作者：
Muhammad Irfan Chani
Sajjad Ahmad Jan
Zahid Pervaiz
Amatul R. Chaudhary
机构：
[1] National College of Business Administration and Economics (NCBA&E),Department of Economics
来源：
Quality & Quantity | 2014年 / 48卷
关键词：
Inequality; Human capital; Income education; Cointegration; Causality;
D O I：
暂无
中图分类号：
学科分类号：
摘要：
This study investigates the causal relationship between human capital inequality and income inequality in case of Pakistan. The annual time series data ranging from 1973 to 2009 is used for econometric analysis. Johanson co-integration and Granger Causality tests are used to confirm the existence of long run relationship and the causal relationship between human capital inequality and income inequality. The results indicate that there is positive relationship between the two types of inequalities in the long run. The estimates of causality test indicate that income inequality causes the human capital inequality but human capital inequality does not cause income inequality. Policy initiatives to reduce income inequality may empower people economically to avail skill building opportunities and accumulate their human capital through access to educational services.
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页码：149 / 156
页数：7
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