Income situation of the population in Somogy County
between 2012 and 2019 Cover Image

Somogy megye lakosságának jövedelmi helyzete, 2012–2019
Income situation of the population in Somogy County between 2012 and 2019

Author(s): Adrián Csizmadia, Tibor Bareith
Subject(s): Social Sciences, Economy, Geography, Regional studies
Published by: Központi Statisztikai Hivatal
Keywords: factors affecting income; Somogy county; panel study; Driscroll–Kraay standard errors model; income dynamics

Summary/Abstract: The main goal of our research is to identify the factors that affected the income situation of the population of Somogy County bet-ween 2012 and 2019, as the identification of the determinants of income can contribute to the success of settlement development programmes, rural catching-up and local economic development. The development of geographically delimited and underdeveloped areas is an important governmental and EU objective. Our research may help in highlighting important points where intervention can help the rise of Somogy, a county that has been disadvantaged in terms of income for decades. We used the TeIR database for our analysis.Using panel regression (fixed effects and Driscoll–Kraay standard errors model), we found that changes in the working age population, presence of entrepreneurs and unemployment rate have the largest impact on the change in the real income of the population. Our main result from the models is that subsidies from the European Union and households’ real income are independent from each other. The growth of these subsidies have no significant effect on the household incomes in Somogy County, have no multiplier effect. We also found, using a Markov matrix, that the probability of a municipality significantly improving its income situation was very low over the period under study.

  • Issue Year: 62/2022
  • Issue No: 03
  • Page Range: 348-373
  • Page Count: 26
  • Language: Hungarian