|
Fort, Ricardo; Ruben, Ruerd. |
The growing body of literature devoted to study the impact of inequality on economic growth have centred its attention in the income distribution effect, even though the theoretical relationships are more related to assets distributions than to income distribution. While some recent studies have tried to overcome this limitation by introducing indicators of this type, they found a new constraint when dealing only with time-invariant measurements for this explanatory variable. This article provides a theoretical discussion and some novel empirical tests to better understand the relationships between assets distribution and economic growth. We assembled a new panel database that includes observations for more than 30 countries over the last three decades.... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Land inequality; Economic growth; Investments; System GMM estimation; International Development; Land Economics/Use; Q15; C23; I3. |
Ano: 2006 |
URL: http://purl.umn.edu/25582 |