- Title
- Decomposing the impact of human capital on household income inequality in South Africa: Is education a useful measure?
- Creator
- Friderichs, Tamaryn J, Keeton, Gavin R, Rogan, Michael
- Subject
- To be catalogued
- Date
- 2023
- Type
- text
- Type
- article
- Identifier
- http://hdl.handle.net/10962/470842
- Identifier
- vital:77400
- Identifier
- https://doi.org/10.1080/0376835X.2022.2163228
- Description
- Human capital (HC) has increasingly been identified as a driver of economic development, with the potential to reduce income inequality, which, in South Africa, originates in the labour market. HC is, however, a complex concept to measure. This study uses Fields’ regression-based decomposition method to analyse the relationships between income inequality and HC in South Africa. The Fields method allows for the analysis of the impact of several factors contributing to HC on the distribution of a measure of income. Data from the National Income Dynamics Study (NIDS) wave 1 (2008) and 5 (2017) are used. The findings suggest that increasing educational attainment, through improved school quality for all, would likely play a key role in reducing income inequality in South Africa. Furthermore, the large role of education attainment in explaining household income inequality supports the use of education attainment as a proxy for HC in South Africa.
- Format
- 16 pages, pdf
- Language
- English
- Relation
- Development Southern Africa, Friderichs, T.J., Keeton, G. and Rogan, M., 2023. Decomposing the impact of human capital on household income inequality in South Africa: Is education a useful measure?. Development Southern Africa, 40(5), pp.997-1013, Development Southern Africa volume 40 number 5 997 1013 2023 1470-3637
- Rights
- Publisher
- Rights
- Use of this resource is governed by the terms and conditions of the Taylor and Francis Online Terms and Conditions Statement (https://www.tandfonline.com/terms-and-conditions)
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