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Les inégalités et la croissance : une relation introuvable

Author

Listed:
  • Denis Cogneau

    (DIAL, IRD, Paris)

  • Charlotte Guénard

    (DIAL)

Abstract

This work takes a new look at the econometrics of the national-level macroeconomic relationship between inequality and growth. It focuses, in particular, on the effects of specification choices, estimation method and sample selection. It concludes that there is no robust relation running from income inequality to per capita product growth or physical and human investment. There would seem to be more grounds for an inverse causal relation in keeping with the Kuznets curve philosophy. In any case, the national development strategies and structural and historical configurations of each society still play a major role in determining concurrent changes in income and its distribution. _________________________________ Ce travail revient sur l’économétrie de la relation entre inégalités et croissance, à l’échelle macroéconomique des pays. Il s'intéresse particulièrement aux conséquences des choix de spécification, de la méthode d'estimation et de la sélection de l'échantillon. Il conclut à l'absence d'une relation robuste allant des inégalités de revenu vers la croissance du produit par tête ou vers l'investissement physique et humain. Une relation de causalité inverse, conforme à la philosophie de la courbe de Kuznets, paraît mieux assise. En tout état de cause, les stratégies de développement nationales et les configurations structurelles et historiques de chaque société conservent une place très large pour déterminer les évolutions conjointes du revenu et de sa répartition.

Suggested Citation

  • Denis Cogneau & Charlotte Guénard, 2002. "Les inégalités et la croissance : une relation introuvable," Working Papers DT/2002/03, DIAL (Développement, Institutions et Mondialisation).
  • Handle: RePEc:dia:wpaper:dt200203
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    More about this item

    Keywords

    : Income Inequality; Growth; Dynamic Panel Data Model; Inégalités de revenu; Croissance; Modèle dynamique sur données de panel;
    All these keywords.

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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