A Panel Analysis of Inequality and Driving Factors of Economic Growth Across Economies
• Author(s): Priyanka Muchahary & Konita Basumatary
• Published: September 2024
• Pages in paper: 21
Abstract
The paper examines the relationship between income inequality and economic growth, using various factors like the Gini index, initial per capita GDP, trade and financial openness, financial deepening, population growth, skill premium, energy use, price level ratio, and adult female mortality from 1990 to 2020. Statistical techniques such as ordinary least squares, fixed effects, and random effects regression were used to estimate these relationships. There is a positive relationship between income inequality and economic growth, indicating that higher levels of inequality tend to boost economic growth. Population growth and adult female mortality are consistently and negatively associated with economic growth.
Register for personal access to all papers for just £47.99
To download papers you need a subscription to World Economics Journal.
Get access to the full 20 year archive of thousands of papers and abstracts.
Order online now for 1 years immediate access for 1 user via username/password.
You do not need a PayPal account to pay by card.
Institutional Subscriptions, Contact Us
Existing Subscriber Log-in