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Inequality and Economic Growth

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Author Info

  • Mohamed Karim KEFI

    ()
    (ISTEC Business School, Paris, France.k.kefi@istec.frPRISM Sorbonne)

  • Hadhek Zouhaier

    ()
    (Superior Institut of Gestion (ISG) of Gabès- TunisiaISGGabès rue JilaniHabib 6002 Gabès- Tunisia)

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    Abstract

    The 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 Info

    Article provided by Asian Economic and Social Society in its journal Asian Economic and Financial Review.

    Volume (Year): 2 (2012)
    Issue (Month): 8 (December)
    Pages: 1013-1025

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    Handle: RePEc:asi:aeafrj:2012:p:1013-1025

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    Related research

    Keywords: Political institutions; political instability; corruption; investment; economic growth; dynamic panel.;

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    Cited by:
    1. Hitoshi Matsushima, 2013. "Impact of Financial Regulation and Innovation on Bubbles and Crashes due to Limited Arbitrage: Awareness Heterogeneity," CARF F-Series CARF-F-306, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    2. Hitoshi Matsushima, 2013. "Role of Credit Default Swap in Bubbles and Crashes," CARF F-Series CARF-F-331, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    3. Philippe Aghion & Ufuk Akcigit & Peter Brown, 2013. "What Do We Learn From Schumpeterian Growth Theory?," PIER Working Paper Archive 13-026, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    4. Masaya Yasuoka, 2014. "Child-care Policies and Pension in an Endogenous Fertility Model," Discussion Paper Series 114, School of Economics, Kwansei Gakuin University, revised Jan 2014.
    5. Aghion, Philippe & Akcigit, Ufuk & Howitt, Peter, 2014. "What Do We Learn From Schumpeterian Growth Theory?," Handbook of Economic Growth, in: Handbook of Economic Growth, edition 1, volume 2, chapter 0, pages 515-563 Elsevier.
    6. Liang-Xin Li, 2013. "Toward A Strong Chinese Economy," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 3(7), pages 906-912, July.
    7. Cáceres, Neila & Malone, Samuel W., 2013. "Forecasting leadership transitions around the world," International Journal of Forecasting, Elsevier, vol. 29(4), pages 575-591.
    8. Robert Clark & Rikiya Matsukura & Naohiro Ogawa, 2013. "Low fertility, human capital, and economic growth," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 29(32), pages 865-884, October.
    9. Sbaouelgi Jihène & Boulila Ghazi, 2013. "The Causality between Income Inequality and Economic Growth: Empirical Evidence from the Middle East and North Africa Region," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 3(5), pages 668-682, May.
    10. Brückner, Markus & Schwandt, Hannes, 2013. "Income and Population Growth," IZA Discussion Papers 7422, Institute for the Study of Labor (IZA).
    11. Muhammad, Shahbaz & Tiwari, Aviral & Reza, Sherafatian-Jahromi, 2012. "Financial Development and Income Inequality: Is there any Financial Kuznets curve in Iran?," MPRA Paper 40899, University Library of Munich, Germany, revised 26 Aug 2012.

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