Joint determinants of fiscal policy, income inequality and economic growth

Leonel Muinelo-Gallo and Oriol Roca-Sagalés

Economic Modelling, 2013, vol. 30, issue C, 814-824

Abstract: This paper analyses the relationship between income inequality and economic growth through fiscal policy. To this end, we present and estimate two systems of structural equations with error components through which gross income inequality determines different fiscal policy outcomes, which subsequently affects the evolution of economic growth and net income inequality.

Keywords: Economic growth; Inequality; Fiscal policy; Panel data (search for similar items in EconPapers)
JEL-codes: C23 C33 D30 E62 O40 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (64)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecmode:v:30:y:2013:i:c:p:814-824

DOI: 10.1016/j.econmod.2012.11.009

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