Arbeitspapier
The inequality-growth nexus in the short and long runs: Empirical evidence from China
This paper argues that the conventional approach of data averaging is problematic for exploring the growth–inequality nexus. It introduces the polynomial inverse lag (PIL) framework so that the impacts of inequality on investment, education, and ultimately on growth can be measured at precisely defined time lags. Combining PIL with simultaneous systems of equations, we analyze the growth–inequality relationship in postreform China, finding that this relationship is nonlinear and is negative irrespective of time horizons. – inequality ; growth ; polynominal inverse lag
- ISBN
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929190872X
- Language
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Englisch
- Bibliographic citation
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Series: WIDER Research Paper ; No. 2006/92
- Classification
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Wirtschaft
Economic Growth and Aggregate Productivity: General
Economic Development: Human Resources; Human Development; Income Distribution; Migration
Size and Spatial Distributions of Regional Economic Activity
- Subject
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Wirtschaftswachstum
Einkommensverteilung
Theorie
China
- Event
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Geistige Schöpfung
- (who)
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Wan, Guanghua
Lu, Ming
Chen, Zhao
- Event
-
Veröffentlichung
- (who)
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The United Nations University World Institute for Development Economics Research (UNU-WIDER)
- (where)
-
Helsinki
- (when)
-
2006
- Handle
- Last update
-
10.03.2025, 11:41 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Wan, Guanghua
- Lu, Ming
- Chen, Zhao
- The United Nations University World Institute for Development Economics Research (UNU-WIDER)
Time of origin
- 2006
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