The barriers of income equality: comparison of Turkish and British investments within the telecommunication sector

Satiroglu, H ORCID: 0000-0001-7483-4305 and Akin, M ORCID: 0000-0002-9021-869X (2020) The barriers of income equality: comparison of Turkish and British investments within the telecommunication sector. In: GELISIM-UWE 2020: 4th International Conference on Economics and Finance, 22 - 23 October 2020, Istanbul Gelisim University, Istanbul, Turkey.

Abstract

The purpose of this study is to examine the relationship between capital investments and inequality values (GINI) by focusing on the same sector (Telecommunication) among two different countries. While the research explores the investments in Telecommunication which has more investment than other sectors, Turkey and the United Kingdom are selected for the comparison. Moreover, the research aims to suggest an econometric equation for both countries. The data is derived from the database called “Data Password” over 20 years. The statistical analyse is conducted to investigate the relation between the GINI coefficient and investment by using Anova and Regression analysis. While the United Kingdom’s GINI index value fluctuated between max 36 minimum 33, its deviation is 0.761. Turkey’s GINI index varied from 38 to 46, with over 2.500 variations. In terms of means of data, over 20 years, which have considerable differences displayed; while the amount of UK’s Capital Investment on Telecommunication is 80 times larger than Turkey’s Investment, Foreign Direct Investment account in the UK is 16 times bigger than Turkey’s value. At the same time, the UK’s GINI has a significant correlation with Capital Investment in Telecommunication. Capital 9 investment in Telecommunication has a significant positive relation with Competitive Index and Corruption Index, whereas a negative link with Consumer Expenditure. Whereas Turkey’s GINI does not have any positive correlation with any other account, on the contrary, it has a significant negative correlation with Capital investment in Telecommunication, Foreign Direct Investment Inflow and Control of Corruption Index. Lastly, the attempt to suggest econometric formulation is failed for Turkey due to high regression value (Sig 0.146), whereas the equation for the UK offers as parameters are within the meaningful value (Sig 0.028).

Item Type: Conference or Workshop Item (Paper)
Keywords: equality, income inequality, investment, accounting, capital investment, GINI coefficient, passport database
Divisions: Bath Business School
Date Deposited: 05 Aug 2024 11:08
Last Modified: 08 Aug 2024 13:35
URI / Page ID: https://researchspace.bathspa.ac.uk/id/eprint/16392
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