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Inégalités et clubs de convergence : les résultats d'un modèle à seuil

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    Abstract

    This paper deals with the effect of inequality on subsequent long run growth. Using a threshold regression analysis, we find two threshold variables, namely human capital and inequality. Three clubs are then identified. One of our results is that the estimated relationship exhibits multiple equilibria. Such a result gives a more subtle representation than simple relationships, either negative or positive, between inequality and growth.

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    File URL: ftp://mse.univ-paris1.fr/pub/mse/CES2007/R07050.pdf
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    Bibliographic Info

    Paper provided by Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne in its series Documents de travail du Centre d'Economie de la Sorbonne with number r07050.

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    Length: 22 pages
    Date of creation: Oct 2007
    Date of revision:
    Handle: RePEc:mse:cesdoc:r07050

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    Keywords: Inequality; convergence clubs; threshold model.;

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    Cited by:
    1. FE, Doukouré Charles, 2010. "Réduction de Droits de Douane et Convergence Réelle dans l'UEMOA
      [Tariffs Reduction and Real Convergence in WAEMU]
      ," MPRA Paper 26763, University Library of Munich, Germany.

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