Income inequality and economic development: evidence from sub-Saharan African countries
The present paper used data from sub-Saharan african countries to analyze the relationship between income inequality and economic development. We used nonparametric and parametric methods to test their relationship. Our results are robust given that we used two different methods to archive our results. Both results confirm an N-shaped relationship between Income inequality and economic development.
Volume (Year): 33 (2013)
Issue (Month): 2 ()
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- Cheng Hsiao & Qi Li & Jeff Racine, 2006.
"A Consistent Model Specification Test with Mixed Discrete and Continuous Data,"
IEPR Working Papers
06.47, Institute of Economic Policy Research (IEPR).
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- Jeffery Racine & Jeffrey Hart & Qi Li, 2006. "Testing the Significance of Categorical Predictor Variables in Nonparametric Regression Models," Econometric Reviews, Taylor & Francis Journals, vol. 25(4), pages 523-544.
- Shin, Inyong & Kim, Hyunho & Yamamura, Eiji, 2008. "Technological Progress and the Future of Kuznets Curve's," MPRA Paper 18866, University Library of Munich, Germany.
- List, John A & Gallet, Craig A, 1999. "The Kuznets Curve: What Happens after the Inverted-U?," Review of Development Economics, Wiley Blackwell, vol. 3(2), pages 200-206, June.
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