期刊論文
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 | en |
ISSN | 1537-4610 |
期刊性質 | 國外 |
收錄於 | |
產學合作 | |
通訊作者 | |
審稿制度 | 否 |
國別 | DEU |
公開徵稿 | |
出版型式 | ,紙本 |
相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/66350 ) |