Income inequality and economic development: evidence from sub-Saharan African countries
Cassandro Mendes () and
Olugbenga Adesida ()
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Cassandro Mendes: School of Business and Governance, University of Cape Verde
Olugbenga Adesida: Ihaba, Cape Verde
Economics Bulletin, 2013, vol. 33, issue 2, 1565-1574
Abstract:
The present paper used data from sub-Saharan african countries to analyze the relationship between income inequality and economic development. We used nonparametric and parametric methods to test their relationship. Our results are robust given that we used two different methods to archive our results. Both results confirm an N-shaped relationship between Income inequality and economic development.
Keywords: Income; inequality.; Economic; development.; Kernel; regression. (search for similar items in EconPapers)
JEL-codes: C1 O1 (search for similar items in EconPapers)
Date: 2013-06-21
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