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Yayın National income distribution: a countrywise analysis(Suat Teker, 2024-07-30) Teker, Suat; Teker, Dilek; Güzelsoy, HalitPurpose- This study aimsto analyze the changes in income distribution for selected developing countries over a time period in between 2015 and 2022, 8 years of observations. It hypothesizes that Covid19 pandemic period of 2020 and 2021 significantly impacted income distribution in all developing countries investigated. Methodology- Income distribution data for this study are extracted from the World Inequality Database addressing household income adjusted for after-tax income. Each household’s income is equally divided among the adult population aged 20 or older. The data are categorized into 10% income groups resulting in ten distinct income levels for the analysis. The study examines income distribution of five developing comprising Turkiye, Czechia, Greece, Hungary, and Romania. Findings- The top 10% of the population in the developing countries take 33% of national income on average. The average per capita income was $34,849 in 2015 and increased to $42,610 in 2022 after a dip of with a similar Covid19 dip. However, social policies generally failed resulting in income shifting from lower and middle-income groups to the top 30%. Conclusion- All countries implemented various social programs to support those most affected by Covid19. The social policies and measures implemented by governments to mitigate the effects of Covid19 appear to have been more successful in some of the developing countries comparing to the other developing countries. Although the developing countries could manage to increase their overall national income, they failed to restore their pre-pandemic income distribution. Significant income transfer occurred from the bottom 20% and middle 50% to the top 30% in these countries.Yayın Inequality of income distribution: a comparative analysis for developed and developing economies(IJOPEC, 2024-11) Teker, Suat; Teker, Dilek; Güzelsoy, Halit; Şimşek, Sidar Atalay; Puwanendram, Gayathri; Şiriner, İsmailThis study examines the changes in income distribution across selected countries from 2015 to 2022, with a focus on the significant impact of the Covid-19 pandemic (2020-2021) on global income distribution. The data used in this analysis was sourced from the World Inequality Database, specifically looking at household income adjusted for after-tax earnings. Each household's income was allocated among adults aged 20 and older. The data were organized into ten income groups, creating ten distinct income levels for comparison. The study includes ten countries comprising five developed countries, namely; France, Germany, Netherlands, Italy, and the United Kingdom and five developing countries, namely; Czechia, Hungary, Romania, Greece and Turkiye. The analysis spans the eight-year period from 2015 to 2022. All countries implemented various social programs to support those people most affected by the Covid-19 pandemic. Developed countries generally succeeded in protecting and restoring their pre-pandemic income distribution. In contrast, developing countries faced challenges with their social programs. Although the developing countries were successful in increasing their overall national income, they struggled to restore their pre-pandemic income distribution. An income transfer occurred from the bottom 20% and the middle 60% to the top 20% in these developing nations. By 2022, the average income per capita for the bottom 10% in developing countries was $9,500 while the top 10% was $141,000 resulting in a 14.8-fold difference. In developed countries, these figures were $25,700 for the bottom 10% and $160,400 for the top 10%, yielding a 6.2-fold difference.
