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- 저자 : MD. ARFANUZZAMAN (검색결과 2 건)
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MD. Arfanuzzaman,Al Mamun 중앙대학교 경제연구소 2020 Journal of Economic Development Vol.45 No.3
TThe study examined the effects of human capital (education and experience) and social factors (gender, marital status, spatial condition, and occupation) on the monthly income of the people of Bangladesh through OLS and quantile regression based on the data of 9943 sample of Household Income and Expenditure Survey (HIES). It appears that both human capital and social factors have significant explanatory power to explicate the monthly income of the household. The OLS and quantile regression suggest that the effects of social factors are superior to that of human capital on the monthly income. The estimates further reveal that urban people get 18% more wage than their rural counterparts, and people engaged in the non-agricultural sector received 25% higher wages than the agricultural sector. Besides, female workers receive 36% less wage than male workers. Nevertheless, there is a distinct effect of the human capital and social factors in the gender and rural-urban context. The study recommends, a reorient policy to properly address these gender wage gap, sectoral and area-specific issues of the labor market with a view to ensuring the fair income distribution and inequality reduction.
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Household Income Dynamics and Wage Inequality In Bangladesh: Evidence From Hies 2010 And 2016
Al Mamun,MD. ARFANUZZAMAN,NUSRAT JAHAN NISHAT 중앙대학교 경제연구소 2023 Journal of Economic Development Vol.48 No.3
The study used the Household Income and Expenditure Survey (HIES) data from 2010 and 2016 of Bangladesh to examine the effects of human capital (education, experience) and social factors (age, gender, location, economic activity) on income using the OLS and IV (2SLS and GMM) regression methods. The study suggests that both education and experience positively affected income in both rural and urban areas. The gender wage gap, rural-urban wage gap, and industrial and service sector wage gap all climbed to 44.1 percent, 19.4 percent, and 5 percent, respectively, in 2016, much higher than in 2010. It has emerged that both urban males and females earn significantly more than their rural counterparts in both periods. The study found a wage dominance of the service sector over the agricultural and industrial sectors in 2016. Besides, the gap between the agricultural and non-agricultural sector’s wages decreased significantly in 2016, indicating decent wage growth in the agriculture sector. As both human capital and social factors have a remarkable contribution to income, strategic planning, and investment are required to reduce inequality and wage gaps and advance inclusive development in Bangladesh.
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