Title:
Economic Growth & Income Inequality: A revised cross-sectional econometric analysis of the global impact of income inequality on economic growth around the world

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dc.contributor.author Hunter, Anna
dc.contributor.author Martinez, Wendy
dc.contributor.author Patel, Ulcka
dc.contributor.corporatename Georgia Institute of Technology. School of Economics en_US
dc.date.accessioned 2016-04-18T19:09:18Z
dc.date.available 2016-04-18T19:09:18Z
dc.date.issued 2016-04
dc.description.abstract After decades of investigation there is an abundance of research dedicated to the relationship between income inequality and economic growth. The research emphasizes the relationship primarily for developed countries with a renewed focus on the developing world. This paper examines the effects of inequality on GDP per capita growth from 2007 to 2012 for all countries with available data and compares that relationship to other impactful factors on economic growth. These other factors include savings rate, fertility rate, and the unemployment rate. Through empirical analysis we found income inequality represented by the Gini coefficient to be very significant throughout all the models tested, and the savings rate and fertility rate proved significant at the 5% level. Also, the unemployment rate proved completely insignificant to economic growth. These results proved that the relationship between economic growth and income inequality is overall positive and highly correlated. en_US
dc.embargo.terms null en_US
dc.identifier.uri http://hdl.handle.net/1853/54741
dc.publisher Georgia Institute of Technology en_US
dc.subject Income inequality en_US
dc.subject Gini Index en_US
dc.subject Developing countries en_US
dc.subject Econometric analysis en_US
dc.title Economic Growth & Income Inequality: A revised cross-sectional econometric analysis of the global impact of income inequality on economic growth around the world en_US
dc.type Text
dc.type.genre Undergraduate Research Paper
dspace.entity.type Publication
local.contributor.corporatename School of Economics
local.contributor.corporatename Ivan Allen College of Liberal Arts
local.relation.ispartofseries Economics: Econometric Analysis
relation.isOrgUnitOfPublication 15802d30-e8cc-4b9a-86ef-2a59ac816e4b
relation.isOrgUnitOfPublication b1049ff1-5166-442c-9e14-ad804b064e38
relation.isSeriesOfPublication a1e053fe-46aa-43fe-9e97-b4d0f80e8676
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