Institutional environment and individual income: a multilevel application

• Autor(a) principal: Ribeiro, Hilton Manoel Dias
• Data de Publicação: 2021
• Outros Autores: Bastos, Suzana Quinet de Andrade, Hermeto, Ana Maria
• Tipo de documento: Artigo
• Idioma: por; eng
• Título da fonte: Redes (Santa Cruz do Sul. Online)
• Texto Completo: https://online.unisc.br/seer/index.php/redes/article/view/15277
• topic: Instituições. Valores. Renda.; Instituciones; Valores; Ingresos; Institutions; Values; Income

The purpose of this article is to assess how institutions, whether at the level of the individual or at the more aggregate level (institutional environment of countries), relate to a categorical measure of individual income. To serve you, given that variables at different levels are included, the hierarchical logistic regression model is used, with individual income as a dependent variable. The results indicate that institutional dimensions such as family, trust, gender equality, interest in politics and democracy, competition and size of government, are positively related to higher income. Otherwise, institutional dimensions such as religion, obedience, authority and income equality are inversely related to the highest income category. In addition, regarding formal institutions at the aggregate level (countries), the positive association between better guarantee of property rights, smaller government size and high category for measuring individual income was corroborated. These results reveal that institutional environments that value trust, democracy and property rights can positively influence the determination of individual’s income.