UM ETheses Collection (澳門大學電子學位論文庫)
 Title

Economic development and income inequality in Macau
 English Abstract

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Accompanying with the rapid development of economy in Macau, the problem of income inequality becomes more serious. Hence, it is necessary to measure the degree of income inequality in order to give hints to government for implementing related policies for the purpose of mitigating this socioeconomic problem. In this paper, Gini coefficient is the measurement of income inequality and we can obtain this estimation consistently and precisely by finding the best fit income distribution model first. Four income distribution models will be introduced and applied for Macau, and they are the lognormal distribution, loglogistic model, SinghMaddala model and the Dagum model. After the calculation and computation, we find that the results of SinghMaddala model fit the best for Macau’s income distribution, and we have used these results to compute the Gini coefficient. Moreover, we also do the factors analysis of income inequality for Macau though OLS regression and find that the relationship between economic growth and income inequality follows the Kuznets inverted Ushaped hypothesis with statistically significant, and their relationship is bilateral causality. In addition, the unemployment rate and the female employment respectively have significant positive and negative relationship with income inequality. Furthermore, another important factor causing income inequality is economic structural change that it has a significant positive effect. Finally, some of the suggestions of policies have been given to the government for the purpose of improving income inequality in Macau.
 Issue date

2014.
 Author

Seng, Oi Ian
 Faculty

Faculty of Social Sciences
 Department

Department of Economics
 Degree

M.Soc.Sc.
 Subject

Economic development  Macau
Income distribution  Macau
Macau  Economic conditions
 Supervisor

Ho, Wai Hong
 Files In This Item
 Location
 1/F Zone C
 Library URL
 991006733419706306