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Income inequality and economic growth

Datos Bibliográficos

ID2809236
AutoresZhaoxin Qi (0000-0003-1076-0639, School of Economics Beijing Wuzi University Beijing China, autor de correspondencia), Bicong Wang (School of Economics Beijing Wuzi University Beijing China), Yaxin Wang (0000-0003-0695-3542, School of Applied Economics Chinese Academy of Social Sciences Beijing China)
Año2025
Volumen84
Número2
Páginas387-426
Fecha de publicación2025-03-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaAmerican Journal of Economics and Sociology (JOURNAL)
Identificadores de la revistaISSN: 0002-9246 • E-ISSN: 1536-7150
EditorialWiley (PUBLISHER • GB)
DOI10.1111/ajes.12607
OpenAlexW4405332902
IdiomaEN
Citas recibidas1
Referencias citadas117

According to the increasing marginal tendency towards tax avoidance, we develop a macro theoretical model and derive an optimal path of economic growth using only dimensionless parameters, which illustrates an inverted U-shaped effect of income inequality on economic growth in the long run. Specifically, economic growth initially moves upwards and subsequently downwards as the Gini coefficient increases. Moreover, this study presents empirical evidence via dynamic GMM estimates based on instrumental variables and PMG estimates relying on cointegration analyses, consistent with the implications of our theoretical model

Cointegration · Econometrics · Economic inequality · Economics · Gini coefficient · Inequality · Macro · Macroeconomics · Corporate Taxation and Avoidance · Fiscal Policy and Economic Growth · Mathematics · Taxation and Compliance Studies

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Obras citantes distintas1
Citas por año1
Intervalo de citas2025 - 2025 (1)
Velocidad de citaciónrecent
Altamente citadoNo
Tipos de citaNeutras: 1
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