Deadly Income Inequality? A Panel Data Analysis on the Impact of Income Inequality on Mental Disorder Mortality

Authors

  • Lim Thye Goh Department of Economics and Applied Statistics, Faculty of Business and Economics, Universiti Malaya, 50603 Kuala Lumpur, Malaysia
  • Siong Hook Law Department of Economics and Business Economics, UPM School of Business And Economics, Universiti Putra Malaysia, 43400 Serdang, Malaysia

DOI:

https://doi.org/10.33736/ijbs.5178.2022

Keywords:

Income inequality, Mental Health, System GMM

Abstract

This study investigated the impact of income inequality on mental disorder mortality. The present study also sought to discover the role of institutional quality in moderating the income inequality-mental disorder mortality nexus. The analysis used panel system generalized method of moments (GMM) estimations on data from developed and developing countries from 1989 to 2018. The analysis findings indicated that income inequality positively impacted mental disorder mortality in the total sample and developed countries but was insignificant for developing countries. In addition, the income-inequality-mental disorder mortality nexus was contingent on institutional quality, indicating that better institutional quality could alleviate the effect of income inequality on mental health, especially in developed countries.

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Published

2022-12-19

How to Cite

Lim Thye Goh, & Siong Hook Law. (2022). Deadly Income Inequality? A Panel Data Analysis on the Impact of Income Inequality on Mental Disorder Mortality. International Journal of Business and Society, 23(3), 1499–1515. https://doi.org/10.33736/ijbs.5178.2022