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Support education or counteract crime? – growth determinants in the context of income inequality

Listed author(s):
  • Magdalena Smyk
  • Joanna Tyrowicz

Income inequality is one of the most common issues considered in the context of economic growth. As theoretical literature indicates, income inequality interacts with the level of development through various channels, e.g. education, investment level or delinquency. We used data from 120 developed and developing countries to verify empirically the existence and strength of these channels. The estimates cannot confirm the statistical or economic relevance of the channels proposed by the theory in linking inequalities and growth.

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File URL: http://ekonomia.wne.uw.edu.pl/ekonomia/getFile/379
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Article provided by Faculty of Economic Sciences, University of Warsaw in its journal Ekonomia journal.

Volume (Year): 35 (2013)
Issue (Month): ()
Pages:

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Handle: RePEc:eko:ekoeko:35_83
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References listed on IDEAS
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  1. Bertola, Giuseppe, 1993. "Factor Shares and Savings in Endogenous Growth," American Economic Review, American Economic Association, vol. 83(5), pages 1184-1198, December.
  2. Gary S. Becker & Tomas J. Philipson & Rodrigo R. Soares, 2005. "The Quantity and Quality of Life and the Evolution of World Inequality," American Economic Review, American Economic Association, vol. 95(1), pages 277-291, March.
  3. Alberto Alesina & Dani Rodrik, 1994. "Distributive Politics and Economic Growth," The Quarterly Journal of Economics, Oxford University Press, vol. 109(2), pages 465-490.
  4. Benhabib, Jess & Rustichini, Aldo, 1996. "Social Conflict and Growth," Journal of Economic Growth, Springer, vol. 1(1), pages 125-142, March.
  5. Barro, Robert J, 2000. "Inequality and Growth in a Panel of Countries," Journal of Economic Growth, Springer, vol. 5(1), pages 5-32, March.
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