{"title":"Convergence of Income Inequality in Russia’s Regions","authors":"A. Polbin, T. Ivakhnenko","doi":"10.14530/se.2022.4.068-092","DOIUrl":null,"url":null,"abstract":"In this paper we test convergence of income inequality in Russia’s regions for the period 1995–2020. To do this, conditional and unconditional beta convergence models for the regional Gini index are evaluated on cross-sectional and panel data using time and spatial effects. Estimates of the models show that both conditional and unconditional convergence of income inequality takes place in Russia’s regions. It is shown that the rate of convergence varies significantly within the considered period: the levels of income inequality in the regions converged most strongly at the beginning of the period with a gradual slowdown in the rate of convergence in subsequent periods. This result may be related to the recovery growth and redistribution policy in the 2000s, as well as the consequences of the 2014 crisis. The use of the same initial characteristics, such as GRP per capita, level of education and population, accelerates convergence. Spatial effects are statistically significant for models of unconditional, but not conditional convergence, but do not affect the estimates obtained. When considering a panel data structure with the inclusion of fixed time effects, convergence estimates increase for both unconditional and conditional convergence","PeriodicalId":54733,"journal":{"name":"Networks & Spatial Economics","volume":"222 1","pages":""},"PeriodicalIF":1.6000,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Networks & Spatial Economics","FirstCategoryId":"5","ListUrlMain":"https://doi.org/10.14530/se.2022.4.068-092","RegionNum":3,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"OPERATIONS RESEARCH & MANAGEMENT SCIENCE","Score":null,"Total":0}
引用次数: 0
Abstract
In this paper we test convergence of income inequality in Russia’s regions for the period 1995–2020. To do this, conditional and unconditional beta convergence models for the regional Gini index are evaluated on cross-sectional and panel data using time and spatial effects. Estimates of the models show that both conditional and unconditional convergence of income inequality takes place in Russia’s regions. It is shown that the rate of convergence varies significantly within the considered period: the levels of income inequality in the regions converged most strongly at the beginning of the period with a gradual slowdown in the rate of convergence in subsequent periods. This result may be related to the recovery growth and redistribution policy in the 2000s, as well as the consequences of the 2014 crisis. The use of the same initial characteristics, such as GRP per capita, level of education and population, accelerates convergence. Spatial effects are statistically significant for models of unconditional, but not conditional convergence, but do not affect the estimates obtained. When considering a panel data structure with the inclusion of fixed time effects, convergence estimates increase for both unconditional and conditional convergence
期刊介绍:
Networks and Spatial Economics (NETS) is devoted to the mathematical and numerical study of economic activities facilitated by human infrastructure, broadly defined to include technologies pertinent to information, telecommunications, the Internet, transportation, energy storage and transmission, and water resources. Because the spatial organization of infrastructure most generally takes the form of networks, the journal encourages submissions that employ a network perspective. However, non-network continuum models are also recognized as an important tradition that has provided great insight into spatial economic phenomena; consequently, the journal welcomes with equal enthusiasm submissions based on continuum models.
The journal welcomes the full spectrum of high quality work in networks and spatial economics including theoretical studies, case studies and algorithmic investigations, as well as manuscripts that combine these aspects. Although not devoted exclusively to theoretical studies, the journal is "theory-friendly". That is, well thought out theoretical analyses of important network and spatial economic problems will be considered without bias even if they do not include case studies or numerical examples.