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dc.contributor.authorOdedokun, Matthew O.en_US
dc.contributor.authorRound, Jeffery I.en_US
dc.date.accessioned2011-12-14T09:39:53Z-
dc.date.available2011-12-14T09:39:53Z-
dc.date.issued2001en_US
dc.identifier.isbn929190029Xen_US
dc.identifier.urihttp://hdl.handle.net/10419/52809-
dc.description.abstractThe paper empirically investigates, in the context of African countries, the determinants of income distribution and inequality, the effect of inequality on economic growth, and the channels through which inequality affects growth. Data for 35 countries over different periods in the last four decades were employed. Factors identified as having affected income distribution include the level of economic development attained, regional factors, size of government budget and the amount of it devoted to subsidies and transfers, phase of economic cycle, share of agricultural sector in total labour force, as well as human and land resources endowment. Some evidence that high inequality reduces growth is also found. The channels through which inequality affect growth are found to be through reduction in secondary and tertiary education investment, reduction in political stability, and increase in fertility rate. There is, however, no evidence that it affects private saving and investment or the size of government expenditure and taxation, contrary to what is contended in the theoretical literature.en_US
dc.language.isoengen_US
dc.publisherUNU-WIDER Helsinkien_US
dc.relation.ispartofseriesWIDER Discussion Papers // World Institute for Development Economics (UNU-WIDER) 2001/103en_US
dc.subject.jelO1en_US
dc.subject.jelH5en_US
dc.subject.ddc330en_US
dc.subject.keywordincome distributionen_US
dc.subject.keywordincome inequalityen_US
dc.subject.keywordeconomic growthen_US
dc.subject.stwEinkommensverteilungen_US
dc.subject.stwWirtschaftswachstumen_US
dc.subject.stwAfrikaen_US
dc.titleDeterminants of income inequality and its effects on economic growth: Evidence from African countriesen_US
dc.typeWorking Paperen_US
dc.identifier.ppn336657811en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:WIDER Discussion Papers, United Nations University (UNU)

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