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An Empirical Study on the Effects of Redistributive Policies in the OECD Countries
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재분배정책의 소득분배 개선효과에 대한 실증연구 : OECD국가 재분배정책의 효과에 대한 실증분석을 중심으로

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Type
Academic journal
Author
Shin, Heon-Tae (서울대학교) Oh, Young-Min (동국대학교)
Journal
Korean Association of Governmental Studies Korean Public Administration Quarterly Vol.30 No.4 KCI Accredited Journals
Published
2018.12
Pages
803 - 833 (32page)
DOI
10.21888/KPAQ.2018.12.30.4.803

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An Empirical Study on the Effects of Redistributive Policies in the OECD Countries
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Abstract· Keywords

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One of the most controversial policies is the income-driven growth policy in the Republic of Korea, recently. This study examines the effects of redistributive policies, on the personal income distribution measured by the decile of labor income, and functional income distribution measured by labor income share, using the OECD panel data and SUR model. Despite the importance of functional income distribution, previous studies regarding the effect of redistributive policy have focused on personal income distribution and few studies have explicitly addressed functional income distribution. This study finds that there was no redistributive policy that simultaneously increases both the labor income of a low-income group and the labor income sharing. Among the redistributive policies, fiscal policy is effective in increasing the labor income share, and labor policy has no significant effect on improving income distribution. The results imply that policy-makers need to choose the instruments of redistribution policies, considering the effects of the policies.

Contents

Ⅰ. 서론
Ⅱ. 이론적 논의 및 선행연구
Ⅲ. 실증분석
Ⅳ. 결론 및 시사점
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UCI(KEPA) : I410-ECN-0101-2019-350-000340907