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Examining the relationships between income inequalities and different dimensions of well-being in selected Central Eastern European

PloS one, 2021-04, Vol.16 (4), p.e0250469 [Peer Reviewed Journal]

COPYRIGHT 2021 Public Library of Science ;ISSN: 1932-6203 ;EISSN: 1932-6203 ;DOI: 10.1371/journal.pone.0250469

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  • Title:
    Examining the relationships between income inequalities and different dimensions of well-being in selected Central Eastern European
  • Author: Szczepaniak, Malgorzata ; Geise, Andrzej
  • Subjects: Analysis ; Demographic aspects ; Income distribution
  • Is Part Of: PloS one, 2021-04, Vol.16 (4), p.e0250469
  • Description: This article examines the relationships between different dimensions of well-being and income inequalities across selected Central Eastern European countries after joining the European Union in 2004. Regarding the multivariety of well-being concept, it explores its 5 dimensions (material dimension, health dimension, education dimension, environmental dimension, happiness). Accounting for the interactions between dimensions of well-being matters for the inequalities, we conducted an in-depth analysis by adopting PMG estimation and panel ARDL model to assess the short-run and long-run links between variables. The results of conducted analysis allowed us to identify the canals through which income inequalities are linked directly or indirectly with the particular dimensions of well-being. In the long run, all the dimensions of well-being significantly affected income inequalities, and income inequality shaped material dimension, health, education, natural environment, and happiness. However, in the short run, the only dimension that shaped income inequalities was education. Income inequalities directly affected both health dimension and happiness.
  • Publisher: Public Library of Science
  • Language: English
  • Identifier: ISSN: 1932-6203
    EISSN: 1932-6203
    DOI: 10.1371/journal.pone.0250469
  • Source: Geneva Foundation Free Medical Journals
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    ProQuest Databases
    PubMed Central
    DOAJ Directory of Open Access Journals
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