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Regional disparities and dual dynamics

Economic growth and income inequality in Kazakhstan

Bibliographic Data

ID2434878
AuthorsZhansaya Temerbulatova (0000-0002-3205-0948, Al-Farabi Kazakh National University), Bulat Mukhamediyev (0000-0002-1490-302X, Al-Farabi Kazakh National University), Aknur Zhidebekkyzy (0000-0003-3543-547X, Al-Farabi Kazakh National University), Svitlana Bilan (0000-0001-9814-5459, Al-Farabi Kazakh National University)
Year2024
Volume17
Issue2
Pages241-255
Publication date2024-06-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueEconomics & Sociology (JOURNAL)
Journal identifiersISSN: 2071-789X • E-ISSN: 2306-3459
PublisherCentre of Sociological Research, Szczecin, Poland (PUBLISHER • PL)
DOI10.14254/2071-789x.2024/17-2/12
OpenAlexW4400310254
LanguageEN
Citations received1
References cited21

This study examines the complex relationships between economic growth and income inequality in different regions of Kazakhstan, revealing the nuances of their interaction. The article aims to assess the long-term and short-term effects of economic growth on income inequality in both forward and reverse directions across the regions of Kazakhstan. Employing region-specific time series data allowed us to examine the bidirectional impact of economic growth on inequality, using an error correction model (ECM) to describe short-run and long-run relationships. The results highlight that the relationship between economic growth and income inequality is heterogeneous across regions, reflecting each area's unique economic and social landscapes. The estimation results support the hypothesis of an inverted U-shaped Kuznets curve linking GRP per capita to inequality with varying starting points for different regions. Regarding the inverse relationship, we identified a positive causal relationship for the West Kazakhstan, Zhambyl and Pavlodar regions, indicating that increased income inequality stimulated economic growth. The study also highlights the significant role of trade, labour force, investment and government consumption in shaping these relationships

Consumption (sociology) · Demographic economics · Development economics · Dual (grammatical number) · Econometrics · Economic geography · Economic inequality · Economics · Income distribution · Income inequality metrics · Inequality · Investment (military) · Kuznets Curve · Per capita income · Political science · Sociology · Economic Growth and Productivity · Income, Poverty, and Inequality · Sustainable Development and Environmental Policy

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Unique citing works1
Citations per year1
Citation span2025 - 2025 (1)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 1

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