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Master-ThielFabian.pdf (845.92 KB)

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Treball de fi de màster

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2016-06

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cc-by-nc-nd (c) Thiel, 2016
Si us plau utilitzeu sempre aquest identificador per citar o enllaçar aquest document: https://hdl.handle.net/2445/100229

The Effect of Inequality on (Human) Development – Insights from a Panel Analysis of the Human Development Index

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In this paper we connect two of the main and current lines of research in the development and economic growth literature: The analysis of the effect and transmission channels of inequality on economic growth and the discussion about the necessity for a broader development and prosperity measure. We estimate the effect of net income inequality on the Human Develop-ment Index and its components in a panel of 117 countries over the period of 1970 to 2010. In doing so, we find evidence for (1) a negative long-run effect and (2) different short-run im-pacts of inequality on the different dimensions of development: A positive short-run effect on economic development, but a negative one on education outcomes, hinting at particular transmission channels. In addition, we detect (3) that those effects can be even more pro-nounced with low levels of development, reconciling seemingly conflicting previous findings in the literature. Moreover, (4) we find some evidence suggesting that the impact of inequality on human development is negatively dependent on the prevailing level of inequality. Finally, we highlight and discuss some interesting directions for future and subsequent research based on our work.

Descripció

Treballs Finals del Màster d'Economia, Facultat d'Economia i Empresa, Universitat de Barcelona, Curs: 2015-2016, Tutors: Vicente Royuela ; David Castells-Quintana

Matèries

Creixement econòmic, Igualtat, Recursos humans, Economia de mercat, Treballs de fi de màster

Matèries (anglès)

Economic growth, Equality, Human capital, Market economy, Master's theses

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Col·leccions

Màster Oficial - Economia

Citació

THIEL, Fabian. The Effect of Inequality on (Human) Development – Insights from a Panel Analysis of the Human Development Index. [consulta: 23 de gener de 2026]. [Disponible a: https://hdl.handle.net/2445/100229]

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