| Yazarlar (2) |
Doç. Dr. Emin Efecan AKTAŞ
Kırşehir Ahi Evran Üniversitesi, Türkiye |
|
Hacettepe Üniversitesi, Türkiye |
| Özet |
| Purpose - The paper queries the impacts of income inequality on economic growth in selected advanced and emerging market economies by adopting nonlinearity and endogeneity. Methods - This research analysis is based on a balanced panel from 1996 to 2018 and employs the dynamic panel threshold analysis after baseline estimations with the fixed-effect, system Generalized Method of Moments, and difference Generalized Method of Moments. Findings - This study finds a nonlinearity between income inequality and economic growth. Income inequality has a significant threshold effect on the growth of both panels. Besides, the threshold effect of emerging market countries is higher than the level for advanced countries. This means emerging market economies are negatively affected above the estimated threshold value according to the advanced economies. Originality - This paper contributes to the literature by focusing on the nonlinear effects of income inequality and different aspects of economic growth above or below the estimated threshold value, thereby providing cross-country comparability and endogeneity. |
| Anahtar Kelimeler |
| Income inequality | economic growth | threshold analysis | dynamic panel | nonlinearity |
| Makale Türü | Özgün Makale |
| Makale Alt Türü | ESCI dergilerinde yayınlanan tam makale |
| Dergi Adı | ECONOMIC JOURNAL OF EMERGING MARKETS |
| Dergi ISSN | 2086-3128 Wos Dergi |
| Dergi Tarandığı Indeksler | ESCI |
| Makale Dili | İngilizce |
| Basım Tarihi | 01-2022 |
| Cilt No | 14 |
| Sayı | 1 |
| Sayfalar | 72 / 84 |
| Doi Numarası | 10.20885/ejem.vol14.iss1.art6 |
| Makale Linki | http://dx.doi.org/10.20885/ejem.vol14.iss1.art6 |