Does aggregation hide the harmful effects of inequality on growth?

被引：36
|
作者：
Ravallion, M [1 ]
机构：
[1] World Bank, Dev Res Grp, Washington, DC 20433 USA
来源：
ECONOMICS LETTERS | 1998年 / 61卷 / 01期
关键词：
growth; inequality; aggregation bias; rural China;
D O I：
10.1016/S0165-1765(98)00139-6
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Aggregation can severely bias conventional tests of whether inequality impedes growth. A micro growth model estimated on farm-household data for rural China indicates that asset inequality in the area of residence has a harmful external effect on consumption growth. The effect is lost in a regional growth regression. (C) 1998 Elsevier Science S.A. All rights reserved.
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页码：73 / 77
页数：5
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