How does inequality affect growth? Evidence from a panel of Canadian regions
Authors: Yannick Marchand, Sebastien Breau, and Jurgen Essletzbichler
Overview
Abstract (English)
This paper investigates the effects of income inequality on regional economic growth in Canada over the 1981 to 2011 period. Using standard cross-sectional models, the consistent pattern we find is that regions with initially higher levels of inequality do subsequently experience greater average annual growth rates over the long-run. In contrast, the medium-term responses are different. Results from fixed effects models point to a negative relationship between inequality and growth. Moreover, across both types of models, we find significant differences for urban and rural regions.
Abstract (French)
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Details
Type | Journal article |
---|---|
Author | Yannick Marchand, Sebastien Breau, and Jurgen Essletzbichler |
Publication Year | 2019 |
Title | How does inequality affect growth? Evidence from a panel of Canadian regions |
Volume | 42 |
Journal Name | Canadian Journal of Regional Science |
Number | 2 |
Pages | 130-139 |
Publication Language | English |
- Yannick Marchand
- Yannick Marchand, Sebastien Breau, and Jurgen Essletzbichler
- How does inequality affect growth? Evidence from a panel of Canadian regions
- Canadian Journal of Regional Science
- 42
- 2019
- 2
- 130-139