Income inequality and economic development: Evidence from the threshold regression model
Journal
Economics Letters
Date Issued
November 2000
Author(s)
DOI
10.1016/S0165-1765(00)00293-7
Abstract
Using panel data we investigate the relationship between income inequality and economic development. We employ a threshold regression model that allows for endogenous income thresholds and find strong evidence of a two-regime split in our sample.