Journal article
The growth and inequality nexus: The case of China
Abstract
This paper examines the simultaneous evolution of income inequality and economic growth using the provincial data from China. The VAR and system-GMM (a la Arellano–Bond) statistical methods are employed. We find that inequality reduction from faster provincial growth is statistically insignificant. But, high income inequality within the province raises the provincial growth rate. Government pragmatic policies, by allowing “some people to get …
Authors
Chan KS; Zhou X; Pan Z
Journal
International Review of Economics & Finance, Vol. 34, , pp. 230–236
Publisher
Elsevier
Publication Date
November 2014
DOI
10.1016/j.iref.2014.08.004
ISSN
1059-0560