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 language | English |
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Journal | Journal of Development Economics |
Volume | 87 |
Issue | 2 |
Pages (from-to) | 300-308 |
Number of pages | 9 |
ISSN | 0304-3878 |
Publication status | Published - 2008 |
Keywords
- Income inequality; Ideology; Growth