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The paper empirically investigates, in the context of African countries, the determinants of income distribution and inequality, the effect of inequality on economic growth, and the channels through which inequality affects growth. Data for 35 countries over different periods in the last four...
Persistent link: https://www.econbiz.de/10010279060
Inequality has risen in many countries over the last two decades, especially in the transition economies, but also in many developing and developed economies. This is disturbing since little progress can be made in poverty reduction when inequality is high and rising. Moreover, contrary to...
Persistent link: https://www.econbiz.de/10010279357
measured in a consistent manner, using data from the World Income Inequality Database. However, evidence is found of a …
Persistent link: https://www.econbiz.de/10010279361
GDP per capita and within-country income inequality in the world today. Indicators of early development such as early …
Persistent link: https://www.econbiz.de/10010284078
This study examines empirically the impact of income polarization on economic growth in an unbalanced panel of more …-level datasets, as well as datasets reconstructed from grouped data on income distribution taken from the World Income Inequality …
Persistent link: https://www.econbiz.de/10010335431
This paper shows that within-country happiness inequality has fallen in the majority of countries that have experienced positive income growth over the last forty years, in particular in developed countries. This new stylized fact comes as an addition to the Easterlin paradox, which states that...
Persistent link: https://www.econbiz.de/10010287588
Early states like China, India, Italy and Greece have been experiencing more rapid economic growth in recent decades than have later-comers to agriculture and statehood like New Guinea, the Congo, and Uruguay. We show that more rapid growth by early starters has been the norm in economic...
Persistent link: https://www.econbiz.de/10010318983
employs a panel data technique is used. This estimator is suited for integrated annual macroeconomic panel data sets to … explains the concept of panel unit roots and panel cointegration and introduces the underlying empirical approach. Next …
Persistent link: https://www.econbiz.de/10010297400
. The analysis proposed is based on a panel data approach and the Arellano-Bond estimator for dynamic panels. We obtain …, and investment in infrastructures. We employ a generalised least squares AR(1) panel data model. The results provide …
Persistent link: https://www.econbiz.de/10011324906
In this paper we use newly compiled top income share data to estimate common breaks and trends across countries over the twentieth century. By using the most re-cent structural breaks techniques, our approach both confirms previous notions and offers new insights. In particular, the division...
Persistent link: https://www.econbiz.de/10010320368