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

Keywords

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  • EP ID EP1752
  • DOI -
  • Views 587
  • Downloads 39

How To Cite

Zouheir ABIDA, Imen Mohamed SGHAIER (2012). Economic Growth and Income Inequality: Empirical Evidence from North African Countries. Asian Economic and Financial Review, 2(1), 142-154. https://europub.co.uk/articles/-A-1752