Measures of income distribution and economic growth

Pak Hung MO*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

1 Citation (Scopus)

Abstract

In this study, the empirical contents of various income inequality measures are compared under an identical framework with a well-tested data set. Our study suggests that long-term income inequality has a strong negative effect on Gross Domestic Product (GDP) growth under different measurements. Moreover, governments should investigate further into changes in the income size of the middle class as an indicator for potential changes in social stability, investment, and GDP growth, besides focusing on the Gini coefficient, which they predominantly do now.

Original languageEnglish
Pages (from-to)24-42
Number of pages19
JournalJournal of Income Distribution
Volume20
Issue number3-4
Publication statusPublished - Sep 2011

Scopus Subject Areas

  • Sociology and Political Science
  • Economics, Econometrics and Finance(all)

User-Defined Keywords

  • Economic growth
  • Income distribution

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