Income inequality and its consequences within the framework of social justice

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F18%3A63518988" target="_blank" >RIV/70883521:28120/18:63518988 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Income inequality and its consequences within the framework of social justice

Original language description

The paper deals with important social-political issues of sustainable development. Basing on the case study of income inequality indicators in the EU the paper reveals that there is a close relationship between inequality and unemployment; furthermore it confirms that inequality has a significant impact on migration and GNI per capita. The authors detected the differences in national models of inequality regulation by grouping the countries and highlighting those in which the relationship is most clearly and explicitly manifested. A more detailed analysis of these two groups (17 countries) suggests that the relationship between inequality and GNI actually reproduces the distribution of the countries according to the GNI to tax burden ratio (in 2015 the correlation coefficients are-0.702 and 0.718 respectively). Since there is almost no relationship between inequality and tax rates for public and corporations, apparently, the impact on public performance is formed within the processes of income redistribution. Conversely, based on the country grouping according to income distribution, GNI and tax burden, the authors revealed a pattern: the countries with low income inequality have the highest GNI rates even in case of tax burden which is significantly higher than average European values. Basing on discovered relations between income inequality and other factors, the research demonstrated the importance of the state regulation of distribution processes directed towards achieving positive social and economic consequences.

Czech name

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Czech description

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Type

J_imp - Article in a specialist periodical, which is included in the Web of Science database

CEP classification

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OECD FORD branch

50204 - Business and management

Project

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Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2018

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Problemy Ekorozwoju

ISSN

1895-6912

e-ISSN

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Volume of the periodical

13

Issue of the periodical within the volume

2

Country of publishing house

PL - POLAND

Number of pages

8

Pages from-to

131-138

UT code for WoS article

000435427700014

EID of the result in the Scopus database

2-s2.0-85047634347