Income distribution polarization and economic growth: Channels and effects

Pak Hung Mo

Research output: Contribution to journalArticlepeer-review

Abstract

Developing and transitional economies usually experience high levels of income polarization during the period of transition and rapid economic growth. Understanding and quantifying its effects on the economy is important to developmental strategies. In this paper, we study the effect of income distribution polarization on GDP growth and its transmission channels. We also suggest some strategies to deal with the problem in view of our results and the experiences of income redistribution policies in developed countries.
Original languageEnglish
Pages (from-to)107-123
Number of pages17
JournalIndian Economic Review
Volume44
Issue number1
Publication statusPublished - Jun 2009

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