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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 |
Files in This Item:
File | Description | Size | Format | |
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IR25-05_Claveria.pdf | 3.18 MB | Adobe PDF | View/Open |
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