Measures of Income Distribution and Economic Growth

Authors

  • Mo Pak Hung

DOI:

https://doi.org/10.25071/1874-6322.23282

Abstract

In this study, the empirical contents of various income inequality measures are compared under an identical framework with a well-tested data set. Our study suggests that long-term income inequality has a strong negative effect on Gross Domestic Product (GDP) growth under different measurements. Moreover, governments should investigate further into changes in the income size of the middle class as an indicator for potential changes in social stability, investment, and GDP growth, besides focusing on the Gini coefficient, which they predominantly do now.

Published

2012-06-18

How to Cite

Hung, M. P. (2012). Measures of Income Distribution and Economic Growth. Journal of Income Distribution®, 20(3-4). https://doi.org/10.25071/1874-6322.23282