Inequality and economic growth: theoretical and operational approach

Ana Andrei and Liliana Crăciun
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Ana Andrei: Bucharest University of Economic Studies, Romania
Liliana Crăciun: Bucharest University of Economic Studies, Romania

Theoretical and Applied Economics, 2015, vol. XXII, issue 1(602), Spring, 195-204

Abstract: The relationship between inequality and the process of economic development is still controversial. In this paper, besides a short overview of the economic literature, we present selected models used to verify the relationship between growth and inequality. We also make a brief analysis of income inequality and poverty in Romania.

Keywords: economic growth; economic inequality; Kuznets curve; Gini coefficient; income distribution; welfare economics. (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:xxii:y:2015:i:1(602):p:195-204

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