關鍵字查詢 | 類別:期刊論文 | | 關鍵字:Nonlinearity between Inequality and Growth

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序號 學年期 教師動態
1 97/2 經濟系 林淑琴 教授 期刊論文 發佈 Nonlinearity between Inequality and Growth , [97-2] :Nonlinearity between Inequality and Growth期刊論文Nonlinearity between Inequality and Growth林淑琴; Lin, Shu-chin; Huang, Ho-chuan; Kim, Dong-hyeon; Yeh,Chih-chuan淡江大學經濟學系Studies in Nonlinear Dynamics & Econometrics 13(2), pp.1-20The 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 grow
2 97/2 財金系 黃河泉 教授 期刊論文 發佈 Nonlinearity between Inequality and Growth , [97-2] :Nonlinearity between Inequality and Growth期刊論文Nonlinearity between Inequality and GrowthLin, Shu-chin; Huang, Ho-chuan; Kim, Dong-hyeon; Yeh,Chih-chuan淡江大學財務金融學系;20131230 已補正 by yuchiBerlin: Walter de Gruyter GmbH & Co. KGStudies in Nonlinear Dynamics & Econometrics 13(2), pp.1-20The 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, wh
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