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A reassessment of the relationship between inequality and growth

Опубликовано на портале: 15-12-2002
American Economic Review. 2000.  Vol. 90. No. 4. P. 869-887. 
Тематический раздел:
This paper challenges the current belief that income inequality has a negative relationship with economic growth. It uses an improved data set on income inequality which not only reduces measurement error, but also allows estimation via a panel technique. Results suggest that in the short and medium term, an increase in a country's level of income inequality has a significant positive relationship with subsequent economic growth.