Income distribution and the economy: Evidence from the vector autoregression model
Mohamad Shaaf
International Advances in Economic Research, 1998, vol. 4, issue 1, 34-47
Abstract:
Using the vector autoregression model, this research explores the impact of income concentration on GDP. The estimated results of the model and its impulse response confirm earlier studies which used different methodology or different data sets indicating that a higher concentration of income adversely affect GDP in the short run, although the effect turns positive in the long run. Copyright International Atlantic Economic Society 1998
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:kap:iaecre:v:4:y:1998:i:1:p:34-47:10.1007/bf02295234
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DOI: 10.1007/BF02295234
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