A carregar...
Publicação
How economic growth impinges on income inequalities
| Nome: | Descrição: | Tamanho: | Formato: | |
|---|---|---|---|---|
| 909.52 KB | Adobe PDF |
Orientador(es)
Resumo(s)
Performing a panel data analysis for OECD countries, during the period between 1990
and 2019, this dissertation investigates the relationship between economic growth and
income inequalities. The main objective is to understand how the GDP and GNI per capita
affect income inequality and how they differ. The results suggest a U-shaped relationship
of both measures of economic growth with the market and disposable Gini indexes, the
Palma and S80S20 ratios, and the income of the wealthier 10% of population, which
contradicts the Kuznets hypothesis. Regarding the thresholds’ analysis, there is evidence
that when GDP per capita is used, inequality is higher, leading to the conclusion that
countries with policies that inflate GDP rather than GNI are the main contributors to the
rise in inequalities in the last years. Furthermore, the results also show a behavioral
similarity between the income of the richest 10% of population and income inequality.
Lastly, there is also a possibility to promote GNI per capita increasing policies, which
could lead to higher economic growth while minimizing income inequalities.
Descrição
Palavras-chave
inequality economic growth Kuznets hypothesis panel data
Contexto Educativo
Citação
Alves, José, José Carlos Coelho e Alexandre Roxo (2022). "How economic growth impinges on income inequalities". REM Working paper series, nº 0254/2022
Editora
ISEG - REM - Research in Economics and Mathematics