Inequality and Economic Growth: the Empirical Relationship Reconsidered in the Light of Comparable Data

Stephen Knowles ()

No DP2001-128, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: All of the recent empirical work on the relationship between income inequality and economic growth has used inequality data that are not consistently measured. This paper argues that this is inappropriate and shows that the significant negative correlation often found between income inequality and growth across countries is not robust when income inequality is measured in a consistent manner, using data from the World Income Inequality Database.

Keywords: Econometric models (Economic development); Equality and inequality; Public expenditures; Income distribution (search for similar items in EconPapers)
Date: 2001
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Citations: View citations in EconPapers (47)

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Journal Article: Inequality and Economic Growth: The Empirical Relationship Reconsidered in the Light of Comparable Data (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:dp2001-128

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