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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… Click to show full 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:
economic growth;
inequality economic;
income inequality
Journal Title: Journal of International Development
Year Published: 2017
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Journal Title: Journal of International Development
Year Published: 2017
Link to full text (if available)
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recommendations!