Overview

Original Research

ANALYSIS OF INDICATORS OF INCOME INEQUALITY IN IRAQ 2004-2020

ABDUL SAMAD SABAH MAHDI 1, and ABDUL RAHMAN OBAID JUMA’A 2.

Vol 17, No 09 ( 2022 )   |  DOI: 10.5281/zenodo.7118178   |   Author Affiliation: University of Anbar - College of Administration and Economics 1; Assistant Professor Administration and Economics - Anbar University 2.   |   Licensing: CC 4.0   |   Pg no: 1649-1667   |   To cite: ABDUL SAMAD SABAH MAHDI, et al., (2022). ANALYSIS OF INDICATORS OF INCOME INEQUALITY IN IRAQ 2004-2020. 17(09), 1649–1667. https://doi.org/10.5281/zenodo.7118178   |   Published on: 28-09-2022

Abstract

The inequality in the distribution of income is one of the most important topics that economic researchers have dealt with on a large scale because of its close relationship to the livelihood of individuals, and their daily life, and on the other hand it is one of the goals of economic development. It turns out that, the path of revenues and public expenditures for the Iraqi economy has fluctuated during the research period .It has been noticed that, Gini coefficient curve recorded its highest point in 2005 as it reached (0.42) while public expenditures were (26374) Billion dinars this is consistent with economic theory; Because the decrease in public expenditures contributes to the increase in income inequality due to the change in the political system and the security turmoil in that year, while the Gini coefficient recorded its lowest point in 2015 as it reached (0.23) while expenditures decreased in that year to reach (70,396). ) billion dinars, and this contradicts the economic theory.

Keywords

Gini coefficient, Lorenz Curve, income disparity.