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Rise in income inequality due to pandemic in developing economies

Bibliographic Data

ID4388474
AuthorsGulrukh Zahid (0000-0002-9885-7568, Applied Economics Research Centre (AERC) University of Karachi Karachi Pakistan, corresponding author), Haroon Nasir (0000-0002-5961-7975, Applied Economics Research Centre (AERC) University of Karachi Karachi Pakistan), Ambreen Fatima (0000-0002-6164-2184, Applied Economics Research Centre (AERC) University of Karachi Karachi Pakistan)
Year2024
Volume74
Issue252
Pages427-449
Publication date2024-06-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueInternational Social Science Journal (JOURNAL)
Journal identifiersISSN: 0020-8701 • E-ISSN: 1468-2451
PublisherWiley (PUBLISHER • GB)
DOI10.1111/issj.12462
OpenAlexW4387579894
LanguageEN
References cited22

The outbreak of coronavirus pandemic (COVID-19) has severely affected global economies and Pakistan. The core focus of this study is to analyse income inequality before and after the pandemic in developing economies and other urbanised areas of Pakistan. Gini coefficient has been employed to estimate income inequality for developing economies and Pakistan, whereas the Theil index is assessed across the regions, provinces and other urban areas of Pakistan. For that purpose, the study has worked on 'special survey evaluating the Socio-economic Impact of COVID-19 on the well-being of people' published by the Pakistan Bureau of Statistics. This study focuses on seeing the consequences of COVID-19, especially in the context of income inequality caused by the lockdown imposed in the countries in hand. Further, determinants of income inequality are estimated before and after the pandemic. This study anticipates that fair income distribution is the only solution to decrease disparities. Moreover, to achieve goal 10 of Sustainable Development Goal, it is significant to work on provision of opportunities that help in increasing the income opportunities for the underprivileged segment of society. This solution is achievable only if the provision of education and employment increases, eventually reducing the ever-increasing wage gap in the long run. So far no study has empirically evaluated the impact of income inequality caused by the pandemic in Pakistan on the district level. The novelty of the study is that it has assessed the impact of income inequality before and after the pandemic in developing economics and than evaluated the urbanized areas of Pakistan on the basis of income inequality post and pre-pandemic situation, hence fill the research gap as no study so far has been done on it

Context (archaeology) · Coronavirus disease 2019 (COVID-19) · Demographic economics · Developing country · Development economics · Distribution (mathematics) · Economic growth · Economic inequality · Economics · Geography · Gini coefficient · Income distribution · Inequality · Pandemic · COVID-19 epidemiological studies · COVID-19 Pandemic Impacts · Income, Poverty, and Inequality

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