Inequality and economic growth: The empirical relationship reconsidered in the light of comparable data

Journal of Development Studies

Volumn 41, Issue 1, 2005, Pages 135-159

  Knowles, Stephen ^a  

^a UNIVERSITY OF OTAGO   (New Zealand)

Author keywords

[No Author keywords available]

Indexed keywords

ECONOMIC GROWTH; EXPENDITURE; GROWTH RATE; INCOME DISTRIBUTION;

EID: 10844221186     PISSN: 00220388     EISSN: None     Source Type: Journal    
DOI: 10.1080/0022038042000276590     Document Type: Article

References (41)

1. Alesina, A. and D. Rodrik, 1994, 'Distributive Politics and Economic Growth', Quarterly Journal of Economics, Vol.109, No.2, pp.465-90.
2. Atkinson, A. and A. Brandolini, 2001, 'Promise and Pitfalls in the use of "Secondary" Data-sets: Income Inequality in OECD Countries as a Case Study', Journal of Economic Literature, Vol.39, No.3, pp.771-99.
3. Banerjee, A.V. and E. Dullo, 2000, 'Inequality and Growth: What can the Data Say?', NBER Working Paper, No.7793.
4. Barro, R.J., 1996, 'Democracy and Growth', Journal of Economic Growth Vol. 1, No.1, pp.1-27.
5. Barro, R.J., 2000, 'Inequality and Growth in a Panel of Countries', Journal of Economic Growth, Vol.5, No.1, pp.5-32.
6. Barro, R.J. and J.-W. Lee, 1994, 'Sources of Economic Growth', Carnegie- Rochester Conference Series on Public Policy, Vol.40, June, pp.1-46.
7. Barro, R.J. and J.-W. Lee 2001, 'International Data on Educational Attainment: Updates and Implications', Oxford Economic Papers, Vol.53, No.3, pp.541-63.
8. Barro, R.J. and X. Sala-i-Martin, 1995, Economic Growth, New York: McGraw-Hill.
9. Belsley, D.A., Kuh, E. and R.E. Welsch, 1980, Regression Diagnostics: Identifying Influential Data and Sources of Collinearity, New York: John Wiley.
10. Birdsall, N., Ross, D. and R. Sabot, 1995, 'Inequality and Growth Reconsidered: Lessons From East Asia', World Bank Economic Review, Vol.9, No.3, pp.477-508.
11. Castelló, A. and R. Doménech, 2002, 'Human Capital Inequality and Economic Growth: Some New Evidence', Economic Journal, Vol. 112, No.478, pp.C187-C200.
12. Chaudhuri, S. and M. Ravallion, 1994, 'How Well do Static Indicators Identify the Chronically Poor?', Journal of Public Economics, Vol.53, No.3, pp.367-94.
13. Clarke, G.R.G., 1995, 'More Evidence on Income Distribution and Growth', Journal of Development Economics, Vol.47, No.2, pp.403-27.
14. Deininger, K. and P. Olinto, 2000, 'Asset Distribution, Inequality, and Growth', World Bank Development Research Group Working Paper, No.2375.
15. Deininger, K. and L. Squire, 1996, 'A New Data Set Measuring Income Inequality', World Bank Economic Review, Vol.10, No.3, pp.565-91.
16. Deininger, K. and L. Squire, 1998, 'New Ways of Looking at Old Issues: Inequality and Growth', Journal of Development Economics, Vol.57, No.2, pp.259-87.
17. Easterly, W., 2001, 'The Middle Class Consensus and Economic Development', Journal of Economic Growth, Vol.6, No.4, pp.317-35.
18. Fields, G.S., 1994, 'Data For Measuring Poverty and Inequality Changes in the Developing Countries', Journal of Development Economics, Vol.44, No.1, pp.87-102.
19. Forbes, K.J., 2000, 'A Reassessment of the Relationship Between Inequality and Growth', American Economic Review, Vol.90, No.4, pp.869-87.
20. Hendry, D.F., 1995, Dynamic Econometrics, Oxford: Oxford University Press.
21. Jarque, C.M. and A.K. Bera, 1980, 'A Test for Normality, Homoscedasticity and Serial Independence of Regression Residuals', Economics Letters, Vol.6, No.3, pp.255-59.
22. Keefer, P. and S. Knack, 2000, 'Polarization, Politics and Property Rights: Links Between Inequality and Growth', World Bank Development Research Group Working Paper, No.2418.
23. Klasen, S., 2002, 'Low Schooling for Girls, Slower Growth for all? Cross-country Evidence on the Effects of Gender Inequality in Education on Economic Development', World Bank Economic Review, Vol.16, No.3, pp.345-73.
24. Knowles, S., Lorgelly, P.K. and P.D. Owen, 2002, 'Are Educational Gender Gaps a Brake on Economic Development? Some Cross-country Empirical Evidence', Oxford Economic Papers, Vol. 54, No.1, pp.118-49.
25. Li, H. and H. Zou, 1998, 'Income Inequality is not Harmful for Growth: Theory and Evidence', Review of Economic Development, Vol.2, No.3, pp.318-34.
26. Lorgelly, P.K. and P.D. Owen, 1999, 'The Effect of Female and Male Schooling on Economic Growth in the Barro-Lee Model', Empirical Economics, Vol.24, No.3, pp.537-57.
27. Lundberg, M. and L. Squire, 2003, 'The Simultaneous Evolution of Growth and Inequality', Economic Journal, Vol.113, No.487, pp.326-44.
28. Paukert, F., 1973, 'Income Distribution at Different Levels of Development: A Survey of the Evidence', International Labor Review Vol.108, No.2, pp.97-125.
29. Perotti, R., 1996, 'Growth, Income Distribution, and Democracy: What the Data Say', Journal of Economic Growth, Vol.1, No.2, pp.149-87.
30. Persson, T. and G. Tabellini, 1994, 'Is Inequality Harmful for Growth?', American Economic Review, Vol.84, No.3, pp.600-21.
31. Ramsey, J.B., 1969, 'Tests for Specification Errors in Classical Linear Least Squares Regression Analysis', Journal of the Royal Statistical Society, Series B, Vol.31, No.2, pp.350-71.
32. Rehme, G., 2000, 'Education, Economic Growth and Personal Income Inequality Across Countries', mimeo, Technische Universitat Darmsdadt.
33. Rehme, G., 2001, 'Redistribution of Personal Income, Education and Economic Performance Across Countries', mimeo, Technische Universitat Darmsdadt.
34. Rodrik, D., 1999 'Where Did all the Growth go? External Shocks, Social Conflict, and Growth Collapses', Journal of Economic Growth, Vol.4, No.4, pp.385-412.
35. Sylwester, K. 2000, 'Income Inequality, Education Expenditures, and Growth', Journal of Development Economics, Vol.63, No.2, pp.379-98.
36. Székely, M. and M. Hilgert, 1999 'What's Behind the Inequality We Measure: An Investigation Using Latin American Data', Inter-American Development Bank Working Paper, No.409.
37. Tanninen, H., 1999, 'Income Inequality, Government Expenditures and Growth', Applied Economics, Vol.31, No.90, pp.1109-17.
38. Temple, J., 1998, 'Initial Conditions, Social Capital, and Growth in Africa', Journal of African Economies, Vol.7, No.3, pp.309-47.
39. Torstensson, R., 1996, 'Is Equality Really Growth-Promoting?', Applied Economics Letters, Vol.3, No.3, pp.159-61.
40. United Nations University/World Institute for Development Economics Research, 1999, UNU/WIDER - UNDP World Income Inequality Database, Beta 3.
41. White, H., 1980, 'A Heteroskedasticity-consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity', Econometrica, Vol.48, No.4, pp.817-38.