Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/309711 
Year of Publication: 
2020
Citation: 
[Journal:] International Journal of Management and Economics [ISSN:] 2543-5361 [Volume:] 56 [Issue:] 2 [Year:] 2020 [Pages:] 176-190
Publisher: 
Sciendo, Warsaw
Abstract: 
Sub-Saharan Africa (SSA) ranks as the second most unequal region globally (in terms of income distribution), harboring 10 of the 19 most unequal countries in the world. This paper explores the channels through which income inequality exerts its effects on economic growth in SSA. The study spans the period 1995-2015, focusing on 31 SSA countries. Findings from the two-step system generalized method of moments suggest that income inequality exerts a significant positive effect on economic growth via the saving transmission channel, while it has a statistically significant negative effect on economic growth in the region through the channels of fertility, credit market imperfection, and fiscal policy.
Subjects: 
income inequality
growth
transmission
channels
Africa
JEL: 
C23
C33
D31
F43
N47
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article

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