This paper investigates the empirical relationship between inequality and per capita GDP for the US using panel data for 50 states over the period 1960–2015. The paper uses new recently released data for inequality and a novel panel estimator with interactive fixed effects. The empirical results seem to suggest the existence of a S-shaped relationship between inequality and per capita GDP.
What do panel data say on inequality and GDP? New evidence at US state-level / Costantini, Mauro; Paradiso, Antonio. - In: ECONOMICS LETTERS. - ISSN 0165-1765. - 168:(2018), pp. 115-117. [10.1016/j.econlet.2018.04.019]
What do panel data say on inequality and GDP? New evidence at US state-level
Costantini, Mauro;
2018
Abstract
This paper investigates the empirical relationship between inequality and per capita GDP for the US using panel data for 50 states over the period 1960–2015. The paper uses new recently released data for inequality and a novel panel estimator with interactive fixed effects. The empirical results seem to suggest the existence of a S-shaped relationship between inequality and per capita GDP.File allegati a questo prodotto
Non ci sono file associati a questo prodotto.
I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
