THE IMPACT OF ECONOMIC, DEMOGRAPHIC, AND INFRASTRUCTURAL FACTORS ON INCOME INEQUALITY AND POVERTY IN RUSSIA

Abstract

The prime objective of the research is to examine the factors influencing both the alteration in the income distribution and the relative change in the incidence of poverty in the regions of Russia. The list of the identified factors/determinants includes economic, demographic, and infrastructural factors. An econometric model, indicating the relationship between the explanatory variables with both the income inequality index and the relative poverty proportions in Russian regions has been provided in this article. The determinants that cause variations in the income inequality and poverty of a country such as social mobility, average life expectancy of urban women, life expectancy of rural men, the number of university graduates, etc. have also been specified in this study. The analysis was executed based on a dataset of 72 Russian regions for the period between 2012-2017.