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Income Distribution Polarization and Economic Growth: Channels and Effects

Pak-Hung Mo

Indian Economic Review, 2009, vol. 44, issue 1, 107-123

Abstract: Developing and transitional economies usually experience high levels of income polarization during the period of transition and rapid economic growth. Understanding and quantifying its effects on the economy is important to developmental strategies. In this paper, we study the effect of income distribution polarization on GDP growth and its transmission channels. We also suggest some strategies to deal with the problem in view of our results and the experiences of income redistribution policies in developed countries.

Keywords: Income Distribution and Policy; Economic Growth; Social Stability (search for similar items in EconPapers)
JEL-codes: O15 O31 (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (7)

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Indian Economic Review is currently edited by Pami Dua (Editor) & Ram Singh (Associate Editor) and Sunil Kanwar

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