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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- Qi Li & Jeffrey Scott Racine, 2006. "Nonparametric Econometrics: Theory and Practice," Economics Books, Princeton University Press, edition 1, number 8355.
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06.47, Institute of Economic Policy Research (IEPR).
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- 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.
- 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.
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- Toshiaki Tachibanaki, 2006. "Inequality And Poverty In Japan," The Japanese Economic Review, Japanese Economic Association, vol. 57(1), pages 1-27.
- Racine, Jeff, 1997. "Consistent Significance Testing for Nonparametric Regression," Journal of Business & Economic Statistics, American Statistical Association, vol. 15(3), pages 369-378, July.
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