IS INEQUALITY HARMFUL FOR GROWTH

被引：137
|
作者：
PERSSON, T
TABELLINI, G
机构：
[1] IGIER,I-20090 OPERA,ITALY
[2] UNIV BRESCIA,BRESCIA,ITALY
来源：
AMERICAN ECONOMIC REVIEW | 1994年 / 84卷 / 03期
关键词：
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Is inequality harmful for growth? We suggest that it is. In a society where distributional conflict is important, political decisions produce economic policies that tax investment and growth-promoting activities in order to redistribute income. The paper formulates a theoretical model that captures this idea. The model's implications are supported by the evidence. Both historical panel data and postwar cross sections indicate a significant and large negative relation between inequality and growth. This relation is only present in democracies.
引用
收藏
页码：600 / 621
页数：22
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