Income Inequality and Economic Growth Revisited. A Note

Caraballo, M. Ángeles; Dabús, Carlos; Delbianco, Fernando

doi:10.1002/jid.3300

Cited by 16 publications

(15 citation statements)

References 8 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…In particular, it was found that in poor countries, income inequality has a significant positive effect on gross domestic product per capita. In examining the relationship between income inequality and economic growth using data from 112 emerging countries during the period 1980-2014, Caraballo et al (2017) found that income inequality has a positive influence on economic growth for richer countries and a negative influence for poorer countries. While examining the role of initial income in the inequality-growth nexus, Brueckner and Lederman (2018) found that in low-income countries, transitional growth is boosted by greater income inequality, while in high income countries, inequality has a significant negative effect on transitional growth.…”

Section: Literature Reviewmentioning

confidence: 99%

Information technology, income inequality and economic growth in sub-Saharan African countries

Odhiambo

2022

Telecommunications Policy

View full text Add to dashboard Cite

Section: Literature Reviewmentioning

confidence: 99%

Information technology, income inequality and economic growth in sub-Saharan African countries

Odhiambo

2022

Telecommunications Policy

View full text Add to dashboard Cite

“…To illustrate this, between 1970 and 2015, the Zambian economy materially expanded by 152%, whereas human development improved by a mere 38% in the same period. Inequality, as measured by the Gini index, marginally deteriorated from a coefficient of about 0.50 in 1970 to 0.58 in 2015 (Caraballo, Dabús, & Delbianco, ; Mahmood & Noor, ; United Nations Development Programme [UNDP], ).…”

Section: Introductionmentioning

confidence: 99%

Economic growth and human development: Evidence from Zambia

Chikalipah

Makina

2019

Sustainable Development

View full text Add to dashboard Cite

In this paper, we examine the two‐way relationship between economic growth and human development in Zambia over the period 1970 to 2015. By applying the cointegration and vector error correction model techniques, our estimates demonstrate, in the first instance, that economic growth and human development are cointegrated. Second, there is no evidence of two‐way causal effect observable between economic growth and human development in the short run. In marked contrast, we find that economic growth has long‐run effect on human development, with no evidence of reverse causality. This shows that the endless fixation on economic growth has manifestly and consistently proven that GDP growth has had sluggish multiplier effect on inclusive development in Zambia. Finally, we draw country‐specific policy recommendations from our empirical findings.

show abstract

“…Therefore, the purpose of this study is to assess the impact of inequality on the growth of the economy of Kazakhstan. It was rightly noted that social unrest is characteristic of developing countries, since poverty in low-income countries is much more significant (Caraballo et al, 2017). Since the results of the analysis of the average nominal income per capita have shown that in developed regions, there is a relative reduction in inequality and equalization of incomes of the population, and in some regions, equalization measures are still required.…”

Section: Discussionmentioning

confidence: 99%

“…Glaeser and Mare studied the determinants of variation in the degree of inequality between regions and cities (Glaeser & Mare, 2001). (Caraballo et al, 2017). At the same time, social unrest is a characteristic of developing countries, since poverty in low-income countries is much more significant.…”

Section: Literature Review and Hypothesis Developmentmentioning

confidence: 99%

Assessment of the relationship between inequality, income and economic growth in the regions of Kazakhstan

Turkebayeva

Bekturganova

Sabden

et al. 2022

Problems and Perspectives in Management

View full text Add to dashboard Cite

This paper aims to analyze various indicators to explain the impact of inequality and income on economic growth at the regional level of Kazakhstan. The data collected from the Bureau of National Statistics from 1995 to 2020 examined the impact of country, interregional, and market inequality indices and real income/wage on the GRP of different regions. Applying the methods such as analysis of unique statistical data covering 16 regions of Kazakhstan and log-linear multivariate regression analysis, which was carried out using the STATA software package, evidence was provided on the influence of interregional, country inequality, and income on economic growth. The analysis showed the differential impact of inequality and income. It was found at the first stage that the gap between interregional inequality and country inequality is insignificant. It was identified at the second stage that in models with real incomes, an increase in income has a negative impact on the development of the economy of Kazakhstan. All the models obtained are consistent and have (although not very high) significant explanatory power and confirm the relationship between inequality and economic growth. The findings can help policymakers, regionalists, economists, and governmental bodies understand the importance of income inequality and which areas can contribute to the formation of effective regional policy. AcknowledgmentsThe study was carried out within the framework of program targeted IRN OR11465433 funding by the Science Committee of the Ministry of Education and Science of the Republic of Kazakhstan “Development of the concept and mechanisms of balanced territorial development of the economy and society of Kazakhstan”.

show abstract

Income Inequality and Economic Growth Revisited. A Note

Cited by 16 publications

References 8 publications

Information technology, income inequality and economic growth in sub-Saharan African countries

Information technology, income inequality and economic growth in sub-Saharan African countries

Economic growth and human development: Evidence from Zambia

Assessment of the relationship between inequality, income and economic growth in the regions of Kazakhstan

Contact Info

Product

Resources

About