Joint determinations of inequality and growth

被引:34
作者
Huang, Ho-Chuan [1 ]
Lin, Yi-Chen [2 ]
Yeh, Chih-Chuan
机构
[1] Tamkang Univ, Dept Banking & Finance, Tamsui 25137, Taipei County, Taiwan
[2] Tamkang Univ, Dept Econ, Tamsui 25137, Taipei County, Taiwan
关键词
Inequality; Growth; Simultaneous equations model; INCOME-DISTRIBUTION; ECONOMIC-GROWTH; MODEL;
D O I
10.1016/j.econlet.2009.03.010
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper jointly estimates the effect of inequality on growth and the impact of growth on inequality vis a simultaneous equations model. Results show that higher inequality is detrimental to growth whereas faster growth worsens the extent of income distribution. (C) 2009 Elsevier B.V. All rights reserved.
引用
收藏
页码:163 / 166
页数:4
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