TY - JOUR
AU - Castelló-Climent, Amparo
AB - This paper empirically investigates the effect of income and human capital inequality on economic growth in different regions of the world. In the estimation of a dynamic panel data model that controls for country-specific effects and takes into account the persistency of the inequality indicators, the results show a different effect of inequality on growth depending on the level of development of the region. Specifically, we find a negative effect of income and human capital inequality on economic growth, both in the sample as a whole and in the low and middle-income economies, an effect that vanishes or becomes positive in the higher-income countries.
TI - Inequality and growth in advanced economies: an empirical investigation
JF - The Journal of Economic Inequality
DO - 10.1007/s10888-010-9133-4
DA - 2010-04-28
UR - https://www.deepdyve.com/lp/springer-journals/inequality-and-growth-in-advanced-economies-an-empirical-investigation-llXUfxHJfu
SP - 293
EP - 321
VL - 8
IS - 3
DP - DeepDyve
ER -