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and investment. However, for growth, higher inequality tends to retard growth in poor countries and encourage growth in …
Persistent link: https://www.econbiz.de/10012471762
and investment. However, for growth, higher inequality tends to retard growth in poor countries and encourage growth in …
Persistent link: https://www.econbiz.de/10013237007
This paper updates and extends the work of Barro (2000). International data confirm the presence of the Kuznets curve-an inverse-U shape relationship between income inequality and per capita GDP-that is relatively stable from the 1960s into the 2000s. The direct effect of international openness...
Persistent link: https://www.econbiz.de/10011282136
.2-0.3 percentage points per year and a decrease in the ratio of investment to GDP by 0.4-0.6 percentage points. Since the statistical … influences from inflation to growth and investment. However, statistically significant results emerge only when high- inflation …
Persistent link: https://www.econbiz.de/10013218721
.2-0.3 percentage points per year and a decrease in the ratio of investment to GDP by 0.4-0.6 percentage points. Since the statistical … influences from inflation to growth and investment. However, statistically significant results emerge only when high- inflation …
Persistent link: https://www.econbiz.de/10012473544