Impact of Health and Education on Income Inequality: Evidence from Selected Developing Countries

Abstract

This paper analyzes the impact of health and education on income inequality in selected developing countries. This study uses panel data for 31 developing countries from 1996 to 2015. We estimated the coefficients by employing the System Generalized Method of Moments (System-GMM) technique due to endogeneity problem. We conclude that education and health significantly contribute to decrease income inequality.