Inégalités et clubs de convergence: les résultats d'un modèle à seuil

Karim Azizi
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Karim Azizi: Centre d'Economie de la Sorbonne

Documents de travail du Centre d'Economie de la Sorbonne from Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne

Abstract: This paper deals with the effect of inequality on subsequent long run growth. Using a threshold regression analysis, we find two threshold variables, namely human capital and inequality. Three clubs are then identified. One of our results is that the estimated relationship exhibits multiple equilibria. Such a result gives a more subtle representation than simple relationships, either negative or positive, between inequality and growth

Keywords: Inequality; convergence clubs; threshold model (search for similar items in EconPapers)
JEL-codes: C15 D31 O40 (search for similar items in EconPapers)
Pages: 22 pages
Date: 2007-10
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:mse:cesdoc:r07050

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