Inequality and economic growth: theoretical and operational approach

The relationship between inequality and the process of economic development is still controversial. In this paper, besides a short overview of the economic literature, we present selected models used to verify the relationship between growth and inequality. We also make a brief analysis of income in...

Full description

Saved in:
Bibliographic Details
Published in:Theoretical and applied economics 2015-03, Vol.XXII (1), p.195-204
Main Authors: Ana ANDREI, Liliana CRĂCIUN
Format: Article
Language:English
Subjects:
economic growth
economic inequality
Gini coefficient
income distribution
Kuznets curve
welfare economics
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:The relationship between inequality and the process of economic development is still controversial. In this paper, besides a short overview of the economic literature, we present selected models used to verify the relationship between growth and inequality. We also make a brief analysis of income inequality and poverty in Romania.
ISSN:1841-8678
1844-0029