教師資料查詢 | 類別: 期刊論文 | 教師: 林淑琴 LIN SHU-CHIN (瀏覽個人網頁)

標題:Nonlinearity between Inequality and Growth
學年97
學期2
出版(發表)日期2009/04/01
作品名稱Nonlinearity between Inequality and Growth
作品名稱(其他語言)
著者林淑琴; Lin, Shu-chin; Huang, Ho-chuan; Kim, Dong-hyeon; Yeh,Chih-chuan
單位淡江大學經濟學系
出版者
著錄名稱、卷期、頁數Studies in Nonlinear Dynamics & Econometrics 13(2), pp.1-20
摘要The existing literature shows that income inequality plays an important role in growth process, and such a relationship is better characterized as nonlinearity. The paper revisits the issue by employing the threshold regressions with instrumental variables approach. Using the initial level of economic development as a threshold variable, we find strong evidence in support of a nonlinear income threshold in the relationship. In particular, the data show that an increase in inequality would hinder growth in low-income countries but accelerate growth in high-income ones. The results therefore suggest that redistributive policy that alleviates inequality can foster economic growth in low-income countries, while policymakers confront a tradeoff between inequality and growth in high-income countries.
關鍵字
語言英文
ISSN1537-4610
期刊性質國外
收錄於
產學合作
通訊作者
審稿制度
國別德國
公開徵稿
出版型式,紙本
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