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Inégalités et clubs de convergence : les résultats d'un modèle à seuil

  • Karim Azizi

    ()

    (CES - Centre d'économie de la Sorbonne - CNRS : UMR8174 - Université Paris I - Panthéon-Sorbonne)

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    Cet article examine l'éventualité d'un phénomène de convergence locale en mettant notamment l'accent sur une variable d'inégalité dans la distribution des revenus et richesses. A l'aide d'un modèle à seuil, deux variables de transition (stock de capital humain et inégalités) sont identifiées. Trois régimes sont mis en évidence. Pour deux d'entre eux, la relation entre inégalités et croissance est négative. En outre, au sein de ces clubs, les économies ne convergent pas. En revanche, pour le dernier régime, la relation entre inégalités et croissance n'est pas significative et on observe un phénomène de convergence absolue. Plus généralement, nous concluons à l'existence d'équilibres multiples. Ce résultat permet d'expliquer les conclusions antinomiques présentes dans la littérature, selon lesquelles la relation entre inégalités et croissance serait tantôt croissante et tantôt décroissante.

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    Paper provided by HAL in its series Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) with number halshs-00180955.

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    Date of creation: Oct 2007
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    Handle: RePEc:hal:cesptp:halshs-00180955
    Note: View the original document on HAL open archive server: http://halshs.archives-ouvertes.fr/halshs-00180955
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