Trading places: Does past growth impact inequality?

被引:19
作者
Chambers, Dustin [1 ]
机构
[1] Salisbury Univ, Salisbury, MD 21801 USA
关键词
inequality; Kuznets curve; economic growth; semiparametric;
D O I
10.1016/j.jdeveco.2005.07.001
中图分类号
F [经济];
学科分类号
02 ;
摘要
Using a broad panel dataset and semiparametric methods, the impact of past economic growth on current income inequality is examined. Increases in past short-run or medium-run growth rates raise current inequality. However, there is an inverted "U"-shaped relationship between past long-run growth and current inequality. Increases in past long-run growth rates raise current inequality in slow-growing economies and reduce current inequality in rapidly growing economies. (c) 2005 Elsevier B.V. All rights reserved.
引用
收藏
页码:257 / 266
页数:10
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