Impact Of Intellectual Property Rights And Governmental Policy On Income Inequality  

Oleh:

Melikhova, Oksana ; Cizek, Jakub

Jenis: Article from Journal - e-Journal
Dalam koleksi: International Journal of Social Sciences and Humanity Studies vol. 06 no. 02 (2014), page 46-56.
Topik: Intellectual property rights; Kuznets curve; inverted U-curve; income inequality
Fulltext: 06_02_Oksana Melikhova.pdf (279.21KB)

Isi artikel

The hypothesis of inverted U-curve dependence of the income inequality on the absolute value of the average income is still unresolved issue despite of the growing number of theoretical and empirical research on this topic. The paper examines the impact of governmental policy and the scientific and technological development on income inequality for 145 countries over a period 1979-2012. We found that the income inequality is influenced predominantly by governmental policy on social transfers. Based on the experimental data a model describing the influence of social contributions, the expenditure on research and development, intellectual property rights and GDP per capita was developed.

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