Please use this identifier to cite or link to this item: https://hdl.handle.net/2445/221001
Title: Income inequality and economic growth in Asian countries
Author: Clavería González, Óscar
Keywords: Igualtat retributiva
Equilibri (Economia)
Creixement econòmic
Pay equity
Equilibrium (Economics)
Economic growth
Issue Date: 2025
Publisher: Universitat de Barcelona. Facultat d'Economia i Empresa
Series/Report no: [WP E-IR25/05]
[WP E-AQR25/02]
Abstract: This study examines income inequality across 53 Asian countries from 1990 to 2021, focusing on the application of the Kuznets’ curve theory. This hypothesis states an inverted U-shaped relationship exists between economic growth and inequality, suggesting an initial increase followed by a decline in income disparity as GDP per capita growth. We analyzed data accruing the share of income of the Top 1% income holders of each country, by regions and for the continent as a whole. We employed a fixed-effects panel model with GDP per capita, squared GDP per capita and cubed GDP per capita as explanatory variables. Our results include mixed evidence of the completion of the curve: Asia overall supports the Kuznets’ curve however the regional analysis reveal differences. While East and South Asia present with significant U-shaped relationship patterns, Central Asia shows an inverted N-shaped relationship. Referencing to West and Southeast Asia, they demonstrate similar U-shaped trends however not statistically significant. This research contributes by offering region-specific insights into inequality dynamics relating to economic growth to provide policymakers with tools to target interventions for inclusive development across Asian countries.
Note: Reproducció del document publicat a: https://www.ub.edu/irea/working_papers/2025/202505.pdf
It is part of: IREA – Working Papers, 2025, IR25/05
AQR – Working Papers, 2025, IR25/02
URI: https://hdl.handle.net/2445/221001
Appears in Collections:Documents de treball (Institut de Recerca en Economia Aplicada Regional i Pública (IREA))
AQR (Grup d’Anàlisi Quantitativa Regional) – Working Papers

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