Income Inequality and Economic Growth Revisited. A Note
Open Access
- 18 August 2017
- journal article
- research article
- Published by Wiley in Journal of International Development
- Vol. 29 (7) , 1025-1029
Abstract
The relationship between income inequality and economic growth is estimated using dynamic panel estimation on a sample covering 112 emerging countries for the period 1980–2014. The results show that income inequality has a positive influence on economic growth for richer countries, in line with the classic theory, and a negative effect for poorer countries, as argued by the political economy approach. Copyright © 2017 John Wiley & Sons, Ltd.Keywords
This publication has 7 references indexed in Scilit:
- Economic Growth and Income Inequality: Evidence from Dynamic Panel InvestigationGlobal Economic Review, 2016
- Income inequality and economic growth: new evidence from latin americaCuadernos de Economía, 2014
- Does the Profile of Income Inequality Matter for Economic Growth?Journal of Economic Growth, 2005
- Income distribution, political instability, and investmentEuropean Economic Review, 1996
- Income Distribution and MacroeconomicsReview of Economic Studies, 1993
- Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment EquationsReview of Economic Studies, 1991
- Distribution of Income and Wealth Among IndividualsEconometrica, 1969