The Growth-Inequality Association: Government Ideology Matters

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Abstract

This note suggests that the association between income inequality and economic growth rates might arguably depend on the political ideology of incumbent governments. Estimates indicate that under leftwing governments, inequality is negatively associated with growth while the association is positive under rightwing governments. This may provide a qualification to recent studies of inequality.
Original languageEnglish
JournalJournal of Development Economics
Volume87
Issue2
Pages (from-to)300-308
Number of pages9
ISSN0304-3878
Publication statusPublished - 2008

Keywords

  • Income inequality; Ideology; Growth

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