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There have been various empirical researches on the effects of income distribution on economic growth. Although studies using cross-country data used to be common, recent researches started to use regional panel-data within one country. This paper uses Japanese prefectural panel data to analyze...
Persistent link: https://www.econbiz.de/10010383895
There have been many theoretical and empirical researches on the effects of income distribution on economic growth. This paper uses Japanese prefectural panel data to empirically analyze how income distribution affects economic growth. Four measures of the income distribution are used in the...
Persistent link: https://www.econbiz.de/10010438004
This paper uses Japanese prefectural panel data to analyze how income distribution affects economic growth. In the fixed effects and the GMM estimations, the income share of the third quintile has positive and statistically significant effects on five-year economic growth rates. On the other...
Persistent link: https://www.econbiz.de/10013049811
This research uses Japanese prefectural panel data to empirically analyze how income distribution affects economic growth. The Gini indices, income share of the third quintile and the ratio of the income share of the top decile and the 5th decile show that income inequality had negative effects...
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