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Income Distribution Polarization and Economic Growth: Channels and Effects

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Author Info
Pak Hung Mo (Hong Kong Baptist University, Kowloon Tong, Hong Kong.)
Abstract

Developing and transitional economies usually experience high levels of income polarization during the period of transition and rapid economic growth. Understanding and quantifying its effects on the economy is important to developmental strategies. In this paper, we study the effect of income distribution polarization on GDP growth and its transmission channels. We also suggest some strategies to deal with the problem in view of our results and the experiences of income redistribution policies in developed countries.

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Publisher Info
Article provided by Department of Economics, Delhi School of Economics in its journal Indian Economic Review.

Volume (Year): 44 (2009)
Issue (Month): 1 (July)
Pages: 107-123
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Handle: RePEc:dse:indecr:v:44:y:2009:i:1:p:107-123

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Related research
Keywords: Income Distribution and Policy; Economic Growth; Social Stability;

Find related papers by JEL classification:
O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
O31 - Economic Development, Technological Change, and Growth - - Technological Change - - - Innovation and Invention: Processes and Incentives

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This page was last updated on 2009-12-21.


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