Abstract
This paper investigates the influence that institutional quality factors have on the power or spread of inequality across low-income countries, as opposed to high income countries. As such, an empirical study and analysis will be conducted to measure the impact of the following institutional quality factors: control of corruption, government effectiveness, political stability and absence of violence/terrorism, regulatory quality, rule of law, and voice and accountability. Specifically, cross-sectional or panel data from the World Bank will be utilized to look at upper-middle income nations in Latin America. The factors will be simultaneously measured against the Gini Coefficient. These countries include Brazil, Argentina, the Dominican Republic and Peru from 2008 – 2022. Results from the panel data will show that a variety of institutional quality factors have significant influence over inequality factors and many variables contribute to this disparity, including Foreign Direct Investment and Global Competitiveness.
Included in
Econometrics Commons, Growth and Development Commons, International Economics Commons, Other Economics Commons