Barro, Robert J. - Office of Regional Economic Integration, Asian … - 2008
cross-country-growth equation shows a negative effect of income inequality on economic growth, holding fixed a familiar set …-an inverse-U shape relationship between income inequality and per capita GDP-that is relatively stable from the 1960s into the … 2000s. The direct effect of international openness on income inequality is also found to be positive. On the other hand, a …
