Arbeitspapier

Income inequality and growth in transition economies: Are nonlinear models needed?

This paper analyses the relationship between income inequality and growth in transition economies. The distinct and complex dynamics adherent to these economies lead to the proposition of new econometric models in the paper. However, empirical results do not support the proposed more flexible nonlinear functions. Further, the Kuznets hypothesis is clearly rejected by our data. On the contrary, a (first) half U pattern is found to be adequate for describing the inequality-growth relationship. Consequently, the rising inequality commonly observed in transition economies does not constitute part of the empirical regularity found by Robert Barro and others.

Sprache
Englisch
ISBN
9291903353

Erschienen in
Series: WIDER Discussion Paper ; No. 2002/104

Klassifikation
Wirtschaft
Comparative Studies of Countries
Socialist Systems and Transitional Economies: General
Economic Development: Human Resources; Human Development; Income Distribution; Migration
Thema
Kuznets hypothesis
transition economies
functional form
inequality
Einkommensverteilung
Wirtschaftswachstum
Kuznets Kurve
Übergangswirtschaft

Ereignis
Geistige Schöpfung
(wer)
Wan, Guang Hua
Ereignis
Veröffentlichung
(wer)
The United Nations University World Institute for Development Economics Research (UNU-WIDER)
(wo)
Helsinki
(wann)
2002

Handle
Letzte Aktualisierung
20.09.2024, 08:25 MESZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Wan, Guang Hua
  • The United Nations University World Institute for Development Economics Research (UNU-WIDER)

Entstanden

  • 2002

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