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2017 | 17 | 19--39
Tytuł artykułu

The Effects of Income Inequality and Redistribution in Democracies : a Dynamic Panel Data Approach

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Warianty tytułu
Wpływ nierówności dochodowych i redystrybucji na wzrost w krajach demokratycznych : Dynamiczny model panelowy
Języki publikacji
W artykule analizuje się jednoczesny wpływ nierówności dochodowych i redystrybucji na wzrost dla całej próby oraz dla podgrupy demokratycznych krajów, wykorzystując estymator SYS-GMM na danych panelowych dla okresu od 1960 do 2010. Ogólnie, nierówności dochodowe mają negatywny istotny wpływ na wzrost w kolejnych 5 latach w obydwu grupach podczas gdy wpływ redystrybucji jest istotny tylko w krajach demokratycznych. Wyniki są spójne z faktem, że poziom redystrybucji jest co do zasady wyższy w krajach pod rządami demokratycznymi. (abstrakt oryginalny)
In this paper, the simultaneous effects of the inequality and redistribution on economic growth are tested for the whole sample and for a subset of democratic countries, following system-GMM estimation on a panel dataset over a period from 1960 to 2010. Overall, net inequality has a negative significant effect on subsequent 5 years for both samples, while redistribution impact is only significant in democracies. The findings are related to the fact that in democracies, the governments tend to significantly redistribute more. (original abstract)
Opis fizyczny
  • University of Messina, Italy
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