Teweldemedhin, M. Y. (2015) Factors Influencing Income Inequality in Namibia. British Journal of Economics, Management & Trade, 10 (4). pp. 1-14. ISSN 2278098X
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Abstract
This paper examines factors influencing income per person and inequality, applying hybrid Cobb-Douglas and Principal Component Analysis (PCA). The explanatory variables were found to be positively and significant, at one per cent. PCA found that three components “economic opportunity” with loading factor of 41.7%; followed by “educational and migration characterisation” percentage variation accounted for 17% and “household characterisation” accounted for a 14% variation explanation. The result shows that Namibia fail break the cyclical problem of poverty, unemployment and filling the required skills required for better economic growth.
Item Type: | Article |
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Subjects: | Open Digi Academic > Social Sciences and Humanities |
Depositing User: | Unnamed user with email support@opendigiacademic.com |
Date Deposited: | 15 Jul 2023 07:10 |
Last Modified: | 20 Jul 2024 09:37 |
URI: | http://publications.journalstm.com/id/eprint/1071 |