Interrelation Between Growth and Inequality

Jong Woo Kang

Working Papers from eSocialSciences

Abstract: The paper highlights the importance of “broad-based growth†as a framework to support economic growth and inclusiveness at the same time. Different countries show different dynamics between economic growth and inequality depending on diverse development, social, and economic contexts. If a growth pattern worsens inequality, renewed attention should be paid to curbing inequality. Those countries showing an inclusive growth pattern are encouraged to further promote growth with a lower risk of sacrificing equity.

Keywords: dynamic causality; economic growth; inequality; Gini coefficients; Asia; Hong Kong; China; India; Gini Trend; Growth Trend; Inclusive Growth; OECD Countries; sustainable growth; Cross-Country Comparisons; GDP; VAR regression; VECM model. (search for similar items in EconPapers)
Date: 2015-09
Note: Institutional Papers
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Working Paper: Interrelation between Growth and Inequality (2015)
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