Inequality and Economic Growth
AbstractThe objective of this paper is to study the effect of in equality on economic growth of a set of eight developing countries during the period 2000-2009, using a dynamic panel data model and a simultaneous equations model. The key findings generated from these two empirical tests stipulate a negative effect of inequality on economic growth and vice versa.
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Bibliographic InfoArticle provided by Asian Economic and Social Society in its journal Asian Economic and Financial Review.
Volume (Year): 2 (2012)
Issue (Month): 8 (December)
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Political institutions; political instability; corruption; investment; economic growth; dynamic panel.;
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