To browse Academia. Growth, inequality, and poverty are central elements of the development process. However the mutual effects and directions of causality have been, and remain, one of the most controversial issues.
After introducing a simple theoretical framework we derive some fundamental relations between growth, inequality and poverty.
In the empirical part we test for unit roots and coin- tegration and apply GMM techniques on an error correction model ECM to estimate the pairwise short-run and long-run dynamics for income growth and changes in inequality and poverty in a panel of developing countries and six regional subpanels for to The results confirm the relations of the theoretical framework; the evidence shows that in nearly all cases the vari- ables exhibit a short-run and long-run relationship.
The findings reveal positive bidirectional causality between growth and inequality as well as between in- equality and poverty, and negative bidirectional causality between growth a The relationship of economic growth, income inequality and poverty: a study on developing countries, This study aims to examine the relationship between income inequality, poverty and economic growth in selected eight developing countries determined by the World Bank's Atlas method between and The problem of the study is the increasing and deepening income inequality and poverty in developing countries in recent years.
In this context, panel data analysis was chosen to reveal the relationship between income inequality, poverty and economic growth in developing countries, and a wide data set suchas gini coefficient, head number index, per capita national income, democracy index, human development index and misery index was used.
