Income inequality and economic development: evidence from the threshold regression model

Citation
A. Savvides et T. Stengos, Income inequality and economic development: evidence from the threshold regression model, ECON LETT, 69(2), 2000, pp. 207-212
Citations number
6
Categorie Soggetti
Economics
Journal title
ECONOMICS LETTERS
ISSN journal
01651765 → ACNP
Volume
69
Issue
2
Year of publication
2000
Pages
207 - 212
Database
ISI
SICI code
0165-1765(200011)69:2<207:IIAEDE>2.0.ZU;2-7
Abstract
Using panel data we investigate the relationship between income inequality and economic development. We employ a threshold regression model that allow s for endogenous income thresholds and find strong evidence of a two-regime split in our sample. (C) 2000 Elsevier Science S.A. All rights reserved.