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Income Inequality and Economic Development: Evidence from the Threshold Regression Model
A. Savvides and
Thanasis Stengos ()
Working Papers from University of Guelph, Department of Economics
Abstract:
Using panel data we investigate the relationship between income inequality and economic development. We employ a threshold regression model that allows for endogenous income thresholds and find strong evidence of a two-regime split in our sample.
Keywords: ECONOMIC DEVELOPMENT ; INCOME DISTRIBUTION (search for similar items in EconPapers)
JEL-codes: O15 (search for similar items in EconPapers)
Date: 2000
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Persistent link: http://EconPapers.repec.org/RePEc:gue:guelph:2000-2
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