The Impact of Income Inequality and Intergenerational Mobility on Human Development: An Empirical Evidence from Pakistan

Shahla Akram, Zahid Pervaiz and Amatul R. Chaudhary (2021). The Impact of Income Inequality and Intergenerational Mobility on Human Development: An empirical evidence from Pakistan. International Journal of Disaster Recovery and Business Continuity, 12(1), 263-268.

Posted: 20 Sep 2021

See all articles by Shahla Akram

Shahla Akram

National College of Business Administration & Economics

Zahid Pervaiz

National College of Business Administration and Economics (NCBA&E)

Amatul R. Chaudhary

National College of Business Administration and Economics (NCBA&E)

Date Written: June 29, 2021

Abstract

Human development of a society can be affected by different structural, socioeconomic and public policy variables. Income inequality is one of such variables. In literature, it has been identified as an important detrimental factor for human development. However,equal opportunities of upward intergenerational mobility for different segments of the society can mitigate the negative effects of income inequality. This study aims to investigatetherole of income inequality and the opportunities of intergenerational mobility for the process of human development. By using the data of different districts in four provinces of Pakistan, we have found that income inequality and educational inequality have retarding effects on human development. Public provision of social services, decentralization, intergenerational income mobility and intergenerational educational mobility have been found to be positively and significantly associated with human development. It implies that the opportunities of upward socioeconomic mobilitycan help to mitigate the negative effects of inequality on human developmen

Keywords: Income Inequality, Educational Inequality, Intergenerational Mobility, Human development, Socioeconomic, Pakistan

Suggested Citation

Akram, Shahla and Pervaiz, Zahid and Chaudhary, Amatul R., The Impact of Income Inequality and Intergenerational Mobility on Human Development: An Empirical Evidence from Pakistan (June 29, 2021). Shahla Akram, Zahid Pervaiz and Amatul R. Chaudhary (2021). The Impact of Income Inequality and Intergenerational Mobility on Human Development: An empirical evidence from Pakistan. International Journal of Disaster Recovery and Business Continuity, 12(1), 263-268., Available at SSRN: https://ssrn.com/abstract=3876257

Shahla Akram (Contact Author)

National College of Business Administration & Economics ( email )

40-E/1 Gulberg III
Lahore, PA Punjab 54660
Pakistan

Zahid Pervaiz

National College of Business Administration and Economics (NCBA&E) ( email )

40/E-1, Gulberg-III
National College of Business Administration & Econ
Lahore, Punjab
Pakistan

Amatul R. Chaudhary

National College of Business Administration and Economics (NCBA&E) ( email )

40/E-1, Gulberg-III
National College of Business Administration & Econ
Lahore, Punjab 54660
Pakistan

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