1. Factors of Economic Growth with Low Inequality for Developing Nations.
- Author
-
bozkus, SULEYMAN
- Subjects
ECONOMIC development ,ECONOMIC indicators ,ECONOMIC conditions in developing countries ,INTERNATIONAL trade ,GROSS domestic product - Abstract
The relationship between economic growth and inequality has long been discussed. In our analysis of 81 developing nations, whose average annual growth of Real GDP per capita has been higher than zero for 1990 - 2005 period, we found that foreign direct investment and domestic investment are not directly related to inequality levels. On the other hand, availability of physical infrastructure have negative effect on income inequality whereas literacy rate and export partner concentration has positive effects. Controlled for these variables, foreign direct investment, domestic investment, share of exports within GDP have no effect on income inequality. ..PAT.-Unpublished Manuscript [ABSTRACT FROM AUTHOR]
- Published
- 2009