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Journal of Advances in Economics and Finance
JAEF > Volume 5, Number 3, August 2020

Analysing the Effect of Income Inequality on Poverty

Download PDF  (383.7 KB)PP. 39-43,  Pub. Date:July 10, 2020
DOI: 10.22606/jaef.2020.53002

Author(s)
OBAMBI Chardel Cardorel, KICHIEDOU Geraud Randolphe, ANOUBA Acha Arnaud Martial
Affiliation(s)
School of Economics, Shandong University, Jinan, China
Agricultural Information Institute, Chinese Academy of Agricultural Sciences, China
School of Business, Hohai University, China
Abstract
Several researchers have done experiments trying to show the relationship that exists between income inequality and poverty. However, some studies have been done on distribution functions that give rise to a new philosophy as well as methods to analyze the issue. The aim of this research study is to strengthen the body of work that involves the relationship between income inequality and poverty. The major concern is to demonstrate how the percentage of individuals living below the poverty line is linked to the GINI coefficient, the changes in gross domestic product per capita, the rate of literacy, freedom of house score, and infant mortality rates well as the level of income that ranges in different countries and hence drawing some significant conclusions.
Keywords
income inequality, poverty, GDP per capita, GINI coefficient, income level.
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