The spatial dynamics of growth and inequality: Evidence using U.S. county-level data

Based on an estimated dynamic spatial Durbin model, we find that the direct effect of a one-point increase in a county’s inequality is associated with a 3.3% decrease in its growth, while one-point increases in inequality in a county’s neighbors decrease its growth by 4.8%.

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Year of publication:	2013
Authors:	Atems, Bebonchu
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 118.2013, 1, p. 19-22
Publisher:	Elsevier
Subject:	Income inequality \| Growth \| Dynamic panels \| Spatial Durbin model

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Type of publication:	Article
Classification:	C23 - Models with Panel Data ; D31 - Personal Income, Wealth and Their Distributions ; R11 - Regional Economic Activity: Growth, Development, and Changes
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010603127