Trading places: Does past growth impact inequality?

• 成果类型: Article
• 署名作者: Chambers, Dustin
• 署名单位: University System of Maryland; Salisbury University
• 刊物名称: JOURNAL OF DEVELOPMENT ECONOMICS
• ISSN/ISSBN: 0304-3878
• DOI: 10.1016/j.jdeveco.2005.07.001
• 发表日期: 2007
• 页码: 257-266
• 关键词: inequality; kuznets curve; Economic growth; semiparametric

摘要

Using a broad panel dataset and semiparametric methods, the impact of past economic growth on current income inequality is examined. Increases in past short-run or medium-run growth rates raise current inequality. However, there is an inverted U-shaped relationship between past long-run growth and current inequality. Increases in past long-run growth rates raise current inequality in slow-growing economies and reduce current inequality in rapidly growing economies. (c) 2005 Elsevier B.V. All rights reserved.