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Economic growth and income inequality (2000-15)
Abstract
We investigate whether income inequality affects subsequent growth in a cross-country sample for 1965-90, using the models of Barro (1997), Bleaney and Nishiyama (2002) and Sachs and Warner (1997), with negative results.We then investigate the evolution of income inequality over the same period and its correlation with growth.The dominating feature is inequality convergence across countries.This convergence has been significantly faster amongst developed countries.Growth does not appear to influence the evolution of inequality over time.
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Cited by
Income, inequality, and pollution: a reassessment of the environmental Kuznets Curve
Torras, M., & Boyce, J. K. (1998) · Ecological Economics · doi:10.1016/s0921-8009(97)00177-8 · Cited by 1,326
Trade and Income Inequality in Developing Countries
Meschi, E., & Vivarelli, M. (2009) · World Development · doi:10.1016/j.worlddev.2008.06.002 · Cited by 394
Inequality and development: the role of dualism
Bourguignon, F., & Morrisson, C. (1998) · Journal of Development Economics · doi:10.1016/s0304-3878(98)00089-3 · Cited by 355
Caviglia-Harris, J. L., Chambers, D., & Kahn, J. R. (2009) · Ecological Economics · doi:10.1016/j.ecolecon.2008.08.006 · Cited by 342
Effect of financial development on economic growth in Sub-Saharan Africa
Ibrahim, M., & Alagidede, P. (2018) · Journal of Policy Modeling · doi:10.1016/j.jpolmod.2018.08.001 · Cited by 323
Metadata
- Venue
- Africa’s development dynamics
- Publisher
- Organization for Economic Cooperation and Development
- Published
- 2018-07-11
- ISSN
- 2790-2765 (ISSN-L)
- OpenAlex
- W1581143213
- Cited by
- 2,549
- References
- 0
- Type
- other
- Language
- en
- Open access
- closed
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