RT Journal Article
SR Electronic
A1 Náplava, Radek
T1 Institutional Quality and Income Inequality: Evidence from Post-Soviet Countries
JF European Journal of Business Science and Technology
YR 2020
VO 6
IS 2
SP 100
OP 112
DO 10.11118/ejobsat.2020.007
UL https://ejobsat.cz/artkey/ejo-202002-0002.php
AB This paper focuses on identifying the relationship between institutional quality and income inequality in chosen post-Soviet countries during the period 2002-2017. Using panel analysis is found a nonmonotonic relationship between institutional quality and income inequality. Increasing institutional quality is associated with growing income inequality, but only to a certain extent; from a certain level, higher institutional quality leads to a reduction in income inequality. The growing institutional quality leads to a deepening of income inequality between the richest social class compared to the poorest and middle class. Role in this process plays a particular regulatory quality, which - as it seems - favors the upper 20%.