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  • 标题:Income inequality and economic growth: new evidence from latin america
  • 本地全文:下载
  • 作者:Fernando Delbianco ; Carlos Dabús ; María Ángeles Caraballo
  • 期刊名称:Cuadernos de Economía
  • 印刷版ISSN:2248-4337
  • 出版年度:2014
  • 卷号:33
  • 期号:63
  • 页码:381-398
  • DOI:10.15446/cuad.econ.v33n63.45338
  • 语种:English
  • 出版社:Universidad Nacional de Colombia - Facultad de Ciencias Económicas
  • 摘要:This paper explores the relationship between the inequality of income distribution and the economic growth of 20 Latin American and Caribbean countries during the 1980-2010 period. The study shows that the features of this relationship depend on the income level. In general, inequality is harmful to economic growth. However, when it comes to the upper tail of the richer countries’ income distribution, higher inequality encourages economic growth and the relation becomes positive. Thus, contrary to the economic policy recommendations for the richer countries, our evidence suggests that progressive redistributive policies in favor of poorer layers of population promote economic growth in lower income economies.
  • 关键词:Income inequality;economic growth;level of development;developing economies;Latin America.
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