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dc.contributor.authorQin, Duoen
dc.contributor.authorCagas, Marie Anneen
dc.contributor.authorDucanes, Geoffreyen
dc.contributor.authorHe, Xinhuaen
dc.contributor.authorLiu, Ruien
dc.date.accessioned2012-09-20T12:59:39Z-
dc.date.available2012-09-20T12:59:39Z-
dc.date.issued2005-
dc.identifier.urihttp://hdl.handle.net/10419/62839-
dc.description.abstractThis paper carries out a pilot empirical study on how income inequality affects growth and the macro economy by means of incorporating panel data information into a macro-econometric model. China is used as the pilot field. Provincial urban and rural household data are used to construct inequality measures, which are then used to augment household consumption equations in the ADB China model. Model simulations are performed to study the effect of inequality on GDP growth and its sectoral components. Results show that inequality is a robust explanatory variable of consumption and that the way inequality develops over time carries certain negative consequences on GDP and sectoral growth.en
dc.language.isoengen
dc.publisher|aQueen Mary University of London, Department of Economics |cLondonen
dc.relation.ispartofseries|aWorking Paper |x548en
dc.subject.jelR11en
dc.subject.jelE21en
dc.subject.jelD3en
dc.subject.jelC5en
dc.subject.jelC2en
dc.subject.ddc330en
dc.subject.keywordIncome inequality, Growth, Econometric model, Chinaen
dc.titleIncome disparity and economic growth: Evidence from China-
dc.typeWorking Paperen
dc.identifier.ppn506651649en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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