Inégalités et clubs de convergence : les résultats d'un modèle à seuil
AbstractThis 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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Bibliographic InfoPaper 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.
Length: 22 pages
Date of creation: Oct 2007
Date of revision:
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Inequality; convergence clubs; threshold model.;
Find related papers by JEL classification:
- C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Statistical Simulation Methods: General
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-11-17 (All new papers)
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- 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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