Does Expanding Higher Education Reduce Income Inequality in Emerging Economy? Evidence from Pakistan

Autor/inn/en	Qazi, Wasim; Raza, Syed Ali; Jawaid, Syed Tehseen; Karim, Mohd Zaini Abd
Titel	Does Expanding Higher Education Reduce Income Inequality in Emerging Economy? Evidence from Pakistan
Quelle	In: Studies in Higher Education, 43 (2018) 2, S.338-358 (21 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0307-5079
DOI	10.1080/03075079.2016.1172305
Schlagwörter	Foreign Countries; Developing Nations; Higher Education; Outcomes of Education; Income; Social Differences; Socioeconomic Influences; Economic Progress; Regression (Statistics); Educational Development; Educational Policy; Trend Analysis; Correlation; Pakistan + Suchen Sie Ihr Suchwort? Ausland; Developing country; Developing countries; Entwicklungsland; Hochschulbildung; Hochschulsystem; Hochschulwesen; Lernleistung; Schulerfolg; Einkommen; Sozialer Unterschied; Sozioökonomischer Faktor; Economic growth; Wirtschaftswachstum; Regression; Regressionsanalyse; Bildungsentwicklung; Politics of education; Bildungspolitik; Trendanalyse; Korrelation
Abstract	This study investigates the impact of development in the higher education sector, on the Income Inequality in Pakistan, by using the annual time series data from 1973 to 2012. The autoregressive distributed lag bound testing co-integration approach confirms the existence of long-run relationship between higher education and income inequality. Results indicate that higher education has a negative and significant relationship with the income inequality in the long run, while a negative but insignificant effect is found in the short run. Results of cumulative sum (CUSUM) and CUSUM of square test suggest that there is no structural instability in the residuals of equation of income inequality. Results of causality analyses confirm the unidirectional causal relationship between higher education development and income inequality in Pakistan, which runs from the higher education development to the income inequality. The findings of this study suggest that development in the higher education sector would be a significant policy option to control the income inequality and should be considered a means to improve the income distribution in Pakistan. (As Provided).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2020/1/01