Abstract

In 2018, the suicide rate in South Korea was the highest among the Organisation for Economic Co-operation and Development countries, and socioeconomic inequality has intensified. This study analyzes the impact relationship between suicidal impulses and economic inequality in South Korea. This study measures suicidal impulses thoughts National Health Survey Data and economic inequality based on the housing prices gap in the country. The primary analysis results were as follows: First, suicidal impulses were positively associated with the high index of housing price inequality; this correlation has become tight in recent years. Second, it was confirmed that the higher the income level, the higher the correlation between suicidal impulses with the index of housing price inequality. Third, the correlation between housing price inequality with suicidal impulse increased consistently in highly urbanized areas, but the statistical significance was low in non-urban areas.

Highlights

  • IntroductionThe South Korean suicide rate is the highest among the Organisation for Economic Co-operation and Development (OECD) countries, more than twice the OECD average of 10.9% [2]

  • We found that as the education level increased by one unit, the suicidal impulse decreased by 25.2%; an increase in the income by one unit resulted in a decrease in the suicidal impulse by 9.9%

  • This study examines the relationship between housing price gap and suicidal impulse in South Korea, which has high socioeconomic inequality and suicide rate

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Summary

Introduction

The South Korean suicide rate is the highest among the Organisation for Economic Co-operation and Development (OECD) countries, more than twice the OECD average of 10.9% [2]. According to the 2018 (OECD) statistics, in South Korea, 23 people per 100,000 people committed suicide; the suicide rate in South Korea has been the highest among the OECD countries for 10 years. In South Korea, the problem of socioeconomic inequality has not emerged as a significant social issue during the industrial growth period in the 1970s and 1980s. South Korea’s Gini coefficient shows income inequality close to that of the United States, the highest among the OECD countries; this accelerating inequality is recognized as one of South Korea’s most serious social problems today [7].

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