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A Decomposition Analysis of Fisheries Household Income Inequality with and without Public Subsidies

공적보조금 유무에 따른 어가소득불평등도 분해 분석

  • Min-Ju Jeong (Institute of Resources & Environmental Economics) ;
  • Jong-Oh Nam (Division of Marine & Fisheries Business and Economics, Pukyong National University)
  • 정민주 (자원환경경제연구소) ;
  • 남종오 (부경대학교 해양수산경영경제학부)
  • Received : 2023.05.23
  • Accepted : 2023.06.29
  • Published : 2023.06.30

Abstract

This study employed the Gini coefficient decomposition analysis to classify and examine fishery household income inequality according to income sources. The raw data from the Fisheries Economic Survey by the National Statistical Office were used for the analysis after equalization according to the recommended method of the OECD. In particular, the Gini coefficient was decomposed by classifying with and without public subsidies, and the contribution, correlation, and marginal effect by income source were presented.As a result of the analysis, the inequality of fishing income and non-fishing income of fishermen was worsening, and the inequality of transfer income was continuously easing. Among them, fisheries subsidies have been analyzed to have the greatest contribution to the Gini coefficient of gross income and the highest relative marginal effect, although distribution inequality has been alleviated. On the other hand, other subsidies, including public pensions, were found to have the opposite contribution, correlation, and marginal effect to fisheries subsidies. The results of this analysis showed that even within public subsidies, the contribution to income redistribution might differ depending on the nature of the subsidy. In addition, in the case of other public subsidies, it can be seen that the transition from selective welfare to universal welfare occurs.

Keywords

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