Economic inequality and economic growth
نویسنده
چکیده
The paper enquires into the relationship between economic inequality and economic growth, but different from others, it also studies the relationship between inequality and economic growth in the situation where consideration of effect of factor movement is included. The paper tends to answer the questions such as whether inequality should be eradicated completely. Panel data models are used for the empirical study. Through the study, we aim to find out more clearly what are the effects of economic inequality on economic growth of the world, the developing countries, and the developed countries respectively, and what factors are helpful for economic growth and effectively cope with economic inequality. JEL Classification: F22, F40
منابع مشابه
Opportunity Inequality and its Effects on Economic Growth and Per Capita GDP
Opportunity inequality and its relationship with economic growth is a concept to which not enough attention has been paid in the previous studies. This study attempts to investigate the effects of opportunity inequality index on economic growth in 15 developing and 15 developed countries over the years 1995-2015. Accordingly, the mean group (MG) estimator within the framework of panel data was ...
متن کاملAnalyzing the Causal Relationships between Economic Growth, Income Inequality, and Transmission Channels: New Empirical Evidences from Iran
This paper investigates causal relations between economic growth, income inequality, and transmission channels during the period 1972 to 2016. These channels include saving rate, investment rate, redistribution policies, human capital, and conspicuous consumption. There is no strong evidence that supports uni-directional or bi-directional causality. In addition, some of the transmission channel...
متن کاملOpenness of Trade, Unemployment and Inequality of Income Distribution: Comparison between Developed and Developing Countries
In the discussions of trading, unemployment and income distribution inequality, this question is raised by economists that in economic development of developing and developed countries, which policy is necessary in the first stage. Is trading liberalization the pre-requirement of transfer from a close economy to a relative open economy and is it necessary for the developed economy compared to o...
متن کاملRegional Inequality in Iran and the Impact of Economic Factors: A Spatial Econometric Approach
R egional unbalanced growth and the factors affecting it are one of the most important economic issues in developing countries. In this research, after evaluating the regional inequality at the provincial level of Iran, in order to examine the effect of economic factors on it, it was considered as a spatial econometric model using panel data during the period of 2001 to 2015. The evaluatio...
متن کاملInclusive Growth in Iran's Provinces (2004 -2015)
This paper aims to focus on inclusive growth and its impact on multidimensional poverty and inequality in Iran's provinces on the basis of social mobility index. The results suggest, that although the multi-dimensional poverty has decreased, participation of active labor force has a decisive role in inclusive growth and reduction of absolute multi-dimensional poverty of the provinces. But l...
متن کاملبررسی رابطه بین رشد اقتصادی، نابرابری درآمدی و سلامت در ایران:1385-1357
ackground & Objectives: In fact, economic growth, income inequality and health are integrated issues. Economic growth along with increasing income lead to individuals' health promotion and public health and has a positive impact on it, but if there is inappropriate policy to redistribute of these resources, it would have reverse effects. The purpose of this study was to examine the relationship...
متن کامل