Income Inequality and Economic Growth

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Income Inequality and Economic Growth

Popis výsledku v původním jazyce

Every human society which is formed in a framework of the specific economic structure is characterised by different poverty rate, social cohesion and income inequality. The aim of this paper is to determine the effect, which has income inequality on economic growth in developed countries. The selected representative sample consists of 34 OECD member countries in the period 2000-2012. The empirical analysis is based on the neoclassical growth model. As the independent variable approximating the effect ofincome inequality is used the Gini coefficient, one of the best known and used measures of income inequality, prepared in accordance with OECD methodology . Significant results of the dynamic panel model confirm the hypotesis that the impact of income inequality on economic growth is negative.

Název v anglickém jazyce

Income Inequality and Economic Growth

Popis výsledku anglicky

Every human society which is formed in a framework of the specific economic structure is characterised by different poverty rate, social cohesion and income inequality. The aim of this paper is to determine the effect, which has income inequality on economic growth in developed countries. The selected representative sample consists of 34 OECD member countries in the period 2000-2012. The empirical analysis is based on the neoclassical growth model. As the independent variable approximating the effect ofincome inequality is used the Gini coefficient, one of the best known and used measures of income inequality, prepared in accordance with OECD methodology . Significant results of the dynamic panel model confirm the hypotesis that the impact of income inequality on economic growth is negative.

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2015

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

ECONOMIC POLICY IN THE EUROPEAN UNION MEMBER COUNTRIES

ISBN

978-80-248-3796-3

ISSN

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e-ISSN

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Počet stran výsledku

8

Strana od-do

288-296

Název nakladatele

EkF VŠB-TU Ostrava

Místo vydání

Ostrava

Místo konání akce

Karolinka, Česká republika

Datum konání akce

2. 9. 2015

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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