Search results
Jun 24, 2022 · Abstract. To address the slowdown in growth from an inequality perspective, this study applies a comprehensive dataset with strong comparability and a dynamic panel threshold model to explore the effect of income inequality on economic growth, its channels of influence, and differences in channels due to country differences, considering income level differences and country differences.
The role that income inequality plays in economic growth has also received quite a bit of attention in policy circles and the press recently. For instance, the World Bank Group has included among its key global objective for development the eradication of extreme poverty and boosting the incomes of the bottom 40% of developing countries.
Jan 12, 2022 · How Inequality Affects Growth. An extensive literature examines the effects of inequality on growth, 6 highlighting multiple channels of transmission. 7 The early studies, referred to as the classical approach, argued that there is a positive effect of inequality on growth, explained via savings or incentives. However, subsequent work ...
Jan 27, 2022 · Thus, income inequality in UHC promotes economic growth even if it does not positively affect innovation. Even so, the positive channel is not valid as first-stage conditions are not achieved. On the other hand, when the savings channels are controlled, the effects of variables on economic growth are positive (columns 3–4a).
Jan 1, 2021 · The findings confirmed that economic growth reduced poverty, but had no effect on income inequality, which implies that there was no relationship between income inequality and economic growth. Benos and Karagiannis [15] examined the relationship between top income inequality and growth under the influence of physical and human capital accumulation in the U.S.
- Kholeka Mdingi, Sin-Yu Ho
- 2021
Dec 1, 2014 · Voitchovsky, S (2005), “Does the profile of income inequality matter for economic growth?”, Journal of Economic Growth, 10, pp. 273-296. Footnotes 1 “Background institutions must work to keep property and wealth evenly enough shared over time to preserve the fair value of the political liberties and fair equality of opportunities over generations”,Justice as Fairness: A Restatement, 2001.
People also ask
Does economic growth affect income inequality?
Does income inequality affect transitional growth?
Does income inequality influence economic growth in high-income countries?
Does income and human capital inequality affect economic growth?
Do income level differences affect economic growth?
Is income level an important factor affecting inequality and growth?
Jun 24, 2022 · To address the slowdown in growth from an inequality perspective, this study applies a comprehensive dataset with strong comparability and a dynamic panel threshold model to explore the effect of ...
