Does Income Inequality Matter for Structural Transformation?

被引：0
|
作者：
Luo, Deming [1 ]
Qu, Kai [1 ]
机构：
[1] Zhejiang Univ, Sch Econ, Hangzhou 310027, Peoples R China
来源：
APPLIED ECONOMICS LETTERS | 2023年 / 30卷 / 21期
基金：
中国国家自然科学基金;
关键词：
Income inequality; structural transformation; instrumental variable; Cross-Country evidence; PRODUCTIVITY GROWTH; FACTOR ENDOWMENTS; ECONOMIC-GROWTH; INSTITUTIONS; PATHS;
D O I：
10.1080/13504851.2022.2118220
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This study revisits the effect of income inequality on economic development from the perspective of structural change. Using an international panel dataset of 90 economies from 1996 to 2015, we empirically assess the impact of income inequality on labour transformation across sectors. We use the 'wheat - sugar ratio' as an instrument for endogenous variation. The results suggest that income inequality positively and significantly impacts agricultural labour.
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页码：3026 / 3033
页数：8
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