Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/62839 
Erscheinungsjahr: 
2005
Schriftenreihe/Nr.: 
Working Paper No. 548
Verlag: 
Queen Mary University of London, Department of Economics, London
Zusammenfassung: 
This 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.
Schlagwörter: 
Income inequality, Growth, Econometric model, China
JEL: 
R11
E21
D3
C5
C2
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
463.13 kB





Publikationen in EconStor sind urheberrechtlich geschützt.