Does the profile of income inequality matter for economic growth?: Distinguishing between the effects of inequality in different parts of the income distribution

Journal of Economic Growth

Volumn 10, Issue 3, 2005, Pages 273-296

  Voitchovsky, Sarah ^a  

^a UNIVERSITY OF OXFORD   (United Kingdom)

Author keywords

Gini coefficient; Growth; Income distribution; Inequality

Indexed keywords

EID: 25144435997     PISSN: 13814338     EISSN: None     Source Type: Journal    
DOI: 10.1007/s10887-005-3535-3     Document Type: Article

References (43)

1. P. Aghion and P. Bolton 1997 "Theory of Trickle-Down Growth and Development" Review of Economic Studies 64 151-172
2. G.A. Akerlof and J.L. Yellen 1990 "The Fair Wage-effort Hypothesis and Unemployment" Quarterly Journal of Economics 55 255-283
3. A. Alesina and R. Perotti 1996 "Income Distribution, Political Instability and Investment" European Economic Review 40 1203-1228 10.1016/0014-2921(95)00030-5
4. M. Arellano and S.R. Bond 1991 "Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations" Review of Economic Studies 58 277-297
5. Arellano, M., and S. R. Bond. (1998). "Dynamic Panel Data Estimation using DPD98 for Gauss: A Guide for Users," http://www.ifs.org.uk/.
6. M. Arellano and O. Bover 1995 "Another Look at the Instrumental Variable Estimation of Error-Components Models" Journal of Econometrics 68 29-51 10.1016/0304-4076(94)01642-D
7. A.B. Atkinson and A. Brandolini 2001 "Promises and Pitfalls in the Use of "Secondary" Data-Sets: Income Inequality in OECD Countries as a Case Study" Journal of Economic Literature 39 771-799
8. A.B. Atkinson L. Rainwater and T.M. Smeeding 1995 Income Distribution in OECD Countries: Evidence from the Luxembourg Income Study OECD Paris
9. A.V. Banerjee and E. Duflo 2003 "Inequalityand Growth: What Can the Data Say?" Journal of Economic Growth 8 267-299 10.1023/ A:1026205114860
10. R.J. Barro 2000 "Inequality and Growth in a Panel of Countries" Journal of Economic Growth 5 5-32 10.1023/A:1009850119329
11. Barro, R. J., and J.-W. Lee. (2000). "International Data on Educational Attainment: Updates and Implications," CID (Harvard) Working Paper No. 42.
12. Bénabou, R. (1996). "Inequality and Growth," NBER Macroeconomics Annual 11-73.
13. R. Blundell and S.R. Bond 1998 "Conditions and Moment Restrictions in Dynamic Panel Data Models" Journal of Econometrics 87 115-143 10.1016/S0304-4076(98)00009-8
14. R. Blundell and S.R. Bond 2000 "GMM Estimation with Persistent Panel Data: An Application to Production Functions" Econometric Reviews 19 321-340
15. Bond, S. R., A. Hoeffler, and J. Temple. (2001). "GMM Estimation of Empirical Growth Models," Centre for Economic Policy Research (London) Discussion Paper No. 3048.
16. C.G. Bowsher 2002 "On Testing Overidentifying Restrictions in Dynamic Panel Data Models" Economic Letters 77 211-220 10.1016/ S0165-1765(02)00130-1
17. B. Buhmann L. Rainwater G. Schmaus T.M.. Smeeding 1988 "Equivalence Scales, Well-Being, Inequality, and Poverty: Sensitivity Estimates Across Ten Countries Using the Luxembourg Income Study (LIS) Database" Review of Income and Wealth 34 115-142 10.1111/ j.1475-4991.1988.tb00564.x
18. F. Caselli G. Esquivel and F. Lefort 1996 "Reopening the Convergence Debate: A New Look at Cross-Country Growth Empirics" Journal of Economic Growth 1 363-389 10.1007/BF00141044
19. F. Coulter F. Cowell and S. Jenkins 1992 "Equivalence Scale Relativities and the Extent of Inequality and Poverty" Economic Journal 102 1067-1082
20. K. Deininger and L. Squire 1996 "A New Data Set Measuring Income Inequality" World Bank Economic Review 10 565-591
21. D. Dollar and A. Kraay 2002 "Growth is Good for the Poor" Journal of Economic Growth 7 195-225 10.1023/A:1020139631000
22. W. Easterly 2001 "The Middle Class Consensus and Economic Development" Journal of Economic Growth 6 317-335 10.1023/ A:1012786330095
23. P. Fajnzylber D. Lederman and N. Loayza 2002 "What Causes Violent Crime?" European Economic Review 46 1323-1357 10.1016/ S0014-2921(01)00096-4
24. K.J. Forbes 2000 "A Reassessment of the Relationship Between Inequality and Growth" American Economic Review 90 869-887
25. O. Galor and O. Moav 2004 "From Physical to Human Capital Accumulation: Inequality and the Process of Development" Review of Economic Studies 71 1001-1026 10.1111/0034-6527.00312
26. O. Galor and D. Tsiddon 1996 "Income Distribution and Growth: The Kuznets Hypothesis Revisited" Economica 63 S103-S117
27. O. Galor and D. Tsiddon 1997 "Technological Progress, Mobility and Economic Growth" American Economic Review 87 363-382
28. O. Galor and J. Zeira 1993 "Income Distribution and Macroeconomics" Review of Economic Studies 60 35-52
29. E. Glaeser J. Scheinkman and A. Shleifer 2003 "The Injustice of Inequality" Journal of Monetary Economics 50 199-222 10.1016/ S0304-3932(02)00204-0
30. P. Gottschalk and T.M. Smeeding 1997 "Cross-National Comparisons of Earnings and Income Inequality" Journal of Economic Literature 35 633-687
31. J. Hassler and J.V. Rodríguez Mora 2000 "Intelligence, Social Mobility and Growth" American Economic Review 90 888-908
32. R.A. Judson and A.L. Owen 1999 "Estimating Dynamic Panel Data Models: A Guide for Macroeconomists" Economics Letters 65 9-15 10.1016/S0165-1765(99)00130-5
33. M. Kelly 2000 "Inequality and crime" Review of Economics and Statistics. 82 530-539 10.1162/003465300559028
34. H. Li and H. Zou 1998 "Income Inequality is not Harmful for Growth: Theory and Evidence" Review of Development Economics 2 318-334 10.1111/1467-9361.00045
35. H. Li L. Squire H. Zou 1998 "Explaining International and Intertemporal Variations in Income Inequality," Economic Journal 108 26-43 10.1111/1468-0297.00271
36. Luxembourg Income Study. Dataset available at http://www.lisproject.org.
37. U. Panizza 2002 "Income Inequality and Economic Growth: Evidence from American Data" Journal of Economic Growth 7 25-41 10.1023/ A:1013414509803
38. M.D. Partridge 1997 "Is Inequality Harmful for Growth? Comment" American Economic Review 87 1019-1032
39. R. Perotti 1993 "Political Equilibrium, Income Distribution, and Growth" Review of Economic Studies 60 755-776
40. R. Perotti 1996 "Growth, Income Distribution and, Democracy: What the Data Say" Journal of Economic Growth 1 149-187 10.1007/ BF00138861
41. T. Persson and G. Tabellini 1994 "Is Inequality Harmful for Growth?" American Economic Review 84 600-621
42. Schwabish, J., T. Smeeding, and L. Osberg. (2003). "Income Distribution and Social Expenditures: A Cross-National Perspective," Luxembourg Income Study Working Paper No. 350.
43. World Bank. "World Bank Development Indicators 2003."