Is distribution of wealth harmful for economic growth?

Miguel Flores

Ensayos Revista de Economia, 2005, vol. XXIV, issue 1, 53-65

Abstract: There have been numerous studies related to the explanation of economic inequality and its relationship with economic growth since the seminal paper of Kuznets (1955). This work motivated researchers to evaluate whether a reduction in income inequality improves economic performance. Inequality as an economic problem has significant effects upon political and social sectors in the modern society. Insights about economic inequality are mainly obtained from studying the structure of income distribution and its effects on economic growth and social stability. The objective of this essay is to analyse the relationship between income distribution and growth. In the first section, the central arguments of the most influential economic growth theories will be presented. In the second section, the historical discussion involving the relationship between income distribution and economic growth will be outlined. In the following section, the basic characteristics of models linking inequality and growth will be examined. Finally, in the last section the recent literature regarding income distribution, social instability and economic growth will be addressed.

Date: 2005
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.economia.uanl.mx/revistaensayos/xxiv/1/Is_distribution_of_wealth.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ere:journl:v:xxiv:y:2005:i:1:p:53-65

Ordering information: This journal article can be ordered from

Access Statistics for this article

Ensayos Revista de Economia is currently edited by Edgar Mauricio Luna Domínguez

More articles in Ensayos Revista de Economia from Universidad Autonoma de Nuevo Leon, Facultad de Economia Avenida Lazaro Cardenas 4600 Ote., Fraccionamiento Residencial Las Torres, C.P. 64930. Monterrey, Nuevo Leon. México.. Contact information at EDIRC.
Bibliographic data for series maintained by Dora María Vega Facio ( this e-mail address is bad, please contact ).