Income Inequality and Economic Growth Revisited. A Note. (18th August 2017)

• Record Type: Journal Article
• Authors: Caraballo, Mª. Ángeles; Dabús, Carlos; Delbianco, Fernando
• Is Part Of: Journal of international development. Volume 29:Number 7(2017:Oct.)
• Page Start: 1025
• Page End: 1029
• Publication Date: 2017-08-18
• Subjects: economic growth -- income inequality -- emerging countries; Economic development projects -- Developing countries -- Periodicals; Developing countries -- Economic policy -- Periodicals; Developing countries -- Foreign economic relations -- Periodicals; Economic development -- Periodicals; 330.91724
• DOI: 10.1002/jid.3300
• Languages: English
• ISSNs: 0954-1748

Abstract

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.