Economic Growth and Income Inequality: Empirical Evidence from North African Countries
Journal Title: Asian Economic and Financial Review - Year 2012, Vol 2, Issue 1
Abstract
This paper examines the empirical relationship between economic growth and income inequality for 3 countries of North Africa (Tunisia, Morocco and Egypt) over the period 1970-2004. The results of this paper indicate that the long-run growth elasticity of income inequality is negative and significant implying that keeping other factors constant; more income inequality reduces economic growth. Moreover, this paper finds evidence that more physical and human capital investment and higher openness to trade have statistically significant impact on enhancing economic growth and reducing poverty.
Authors and Affiliations
Zouheir ABIDA| University of Sfax, Faculty of Economics and Management of Sfax - Tunisia, Imen Mohamed SGHAIER| University of Sfax, Faculty of Economics and Management of Sfax – Tunisia
EFFECTS OF WORKING CAPITAL MANAGEMENT ON PROFITABILITY: EVIDENCE FROM THE TOPFIVE BEER BREWERY FIRMS IN THE WORLD
The impact of working capital management on the profitability of manufacturing firms has attracted the attention of researchers in different countries of the world in recent times. This research expands the horizon of kn...
COMPARATIVE ANALYSIS OF PROFITABILITY OF LOCAL AND FOREIGN BANKS IN GHANA
The implementation of the Financial Sector Adjustment Programme has beckoned to a number of foreign banks to flock into the country to do business. This has brought about intense competition in the banking industry with...
GLOBALIZATION AND UNEMPLOYMENT IN PAKISTAN
This study analyzes the impact of globalization on unemployment in Pakistan, using annual data for the period 1980 to 2013. Using the ARDL econometric framework, we find that the economic, political and social aspects of...
DETERMINANTS OF HOUSING PRICES IN AN OIL BASED ECONOMY
This paper is trying to analyze the determinants of housing prices in an oil-based economy, where the price of oil plays a major role in such economies. It is also common to find that government spending represents the m...
FINANCIAL ANALYSIS OF WAQF REAL ESTATE REVENUES IN THE WEST BANK: 1994-2014
This paper made a financial analysis of the revenues of the Palestinian Ministry of Waqf ( endowment ) and specifically its real estate revenues in the West Bank. It was found that 61% of the waqf ministry?s total reven...