Does aggregation hide the harmful effects of inequality on growth?

被引:37
作者
Ravallion, M [1 ]
机构
[1] World Bank, Dev Res Grp, Washington, DC 20433 USA
关键词
growth; inequality; aggregation bias; rural China;
D O I
10.1016/S0165-1765(98)00139-6
中图分类号
F [经济];
学科分类号
02 ;
摘要
Aggregation can severely bias conventional tests of whether inequality impedes growth. A micro growth model estimated on farm-household data for rural China indicates that asset inequality in the area of residence has a harmful external effect on consumption growth. The effect is lost in a regional growth regression. (C) 1998 Elsevier Science S.A. All rights reserved.
引用
收藏
页码:73 / 77
页数:5
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