A. Savvides et T. Stengos, Income inequality and economic development: evidence from the threshold regression model, ECON LETT, 69(2), 2000, pp. 207-212
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.