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Effects of Income Inequality on Aggregate Output

2015

Brueckner, Markus | Lederman, Daniel

AGROVOC Keywords
capital consumption credit data quality developing countries development development economics development indicators econometrics economic development economic growth economics gross domestic product growth human capital income income distribution indicators instruments investment land ownership macroeconomics national income poverty taxes trade war
Bibliographic information
Publisher
World Bank, Washington, DC
Other Subjects
Income inequality data; Gdp; Economic review; Measures; Individual countries; Economic studies; Gross domestic product per capita; Empirical evidence; Lagged dependent; Foreign aid; Middle income countries; Income level; Negative coefficient; Estimated coefficients; Data sets; Credit market; Significance level; Aggregate output; Econometric model; Policy discussions; Long run; Empirical analysis; Capital investment; Market imperfections; Country level; Educational attainment; Credit market imperfections; Positive effect; Data set; Empirical studies; Relative prices; Inequality data; Product; Explanatory variable; Fiscal policy; Marginal effect; Poor countries; Significant negative; Government expenditures; Income share; Gini coefficient; Lagged values; Variables; Income shares; Land inequality; Development policy; Incomes; Standard deviation; Economics of education; Secondary schooling; Policy research; Empirical results; Industrialized countries; Income quintiles; Value; Empirical literature; Inequality; Capital accumulation; Estimated coefficient; Negative effect; Gdp per capita; Income inequality; Empirical research; Economic theory; Rising inequality; Real gdp; Dependent variable; Fixed effects; International comparisons; Poor; Dynamic panel; Error term; Policy circles; Descriptive statistics; Wealth; Inequality coefficient; Theory; Rich countries; Cross-country differences; Empirical level; Distribution of wealth; Per capita growth
Language
English
Format
application/pdf, text/plain
License
CC BY 3.0 IGO, http://creativecommons.org/licenses/by/3.0/igo/, World Bank
Type
Working Paper; Work; Working Paper
2024-10-18
2025-04-17
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Links
DOI http://documents.worldbank.org/curated/en/2015/06/24679226/effects-income-inequality-aggregate-output https://hdl.handle.net/10986/22203
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