Lazarova, Emiliya; Mosca, Ilaria - In: Applied Economics Letters 15 (2007) 3, pp. 199-202
The point of departure of our analysis is the seminal work of Rodgers (1979) on the absolute and relative income hypotheses. We find that substituting the governance index for the Gini index is statistically the preferred regression model. Our findings lend support to the argument that...