Record Details

An Analysis of Inequality of Economic Opportunity in Thailand

Journal of Economic & Financial Studies

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Field Value
 
Title An Analysis of Inequality of Economic Opportunity in Thailand
 
Creator Pinitjitsamut, Montchai
 
Subject Economics
Inequality of economic opportunity; Inequality measure; Probit model.
I31; I30; I39.
 
Description This study aims to understand the socioeconomic and family backgrounds that affect individual economic opportunity in term of labor income on and above average income in different regions of Thailand. The results present that both age and marital status have positive impact to individual’s economic opportunity. Because it related to the necessity in personal family life. People works in Bangkok not necessary to get economic opportunity greater than others. Most inequality indicators show the inequality situation in Thailand still not as high as expectation. However, ordinary person usually get only less than 50% (0.4855) opportunity to get earning equal or more the average. Also, the society should concern the inequality of economic opportunity in optimal level which make equality parameter not greater than 0.5. This will create the mechanism to minimize the level of inequality, as a whole.
 
Publisher LAR Center Press
 
Contributor Thailand Research Fund
 
Date 2014-12-22
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
Probit model
 
Format application/pdf
 
Identifier http://journalofeconomics.org/index.php/site/article/view/74
10.18533/jefs.v2i04.74
 
Source Journal of Economic & Financial Studies; Vol 2, No 06 (2014): December; 37-42
2379-9471
2379-9463
 
Language eng
 
Relation http://journalofeconomics.org/index.php/site/article/view/74/251
 
Coverage Thailand