Inequality, poverty and economic growth

Robert Breunig, Omer Majeed

    Research output: Contribution to journalArticle

    Abstract

    Recent research has highlighted a negative impact of inequality on economic growth. We re-evaluate this hypothesis focusing on both inequality and poverty and their interaction. We replicate previous results showing that inequality has a negative impact on growth. However, we show that when we account for both inequality and poverty, the negative effect of inequality on growth appears to be concentrated amongst countries with high poverty. This would argue for policies targeted towards alleviating poverty even if they have no effect on inequality.
    Original languageEnglish
    Pages (from-to)83-99
    JournalInternational Economics
    Volume161
    DOIs
    Publication statusPublished - 2020

    Fingerprint

    Dive into the research topics of 'Inequality, poverty and economic growth'. Together they form a unique fingerprint.

    Cite this