2017

Growth, Inequality and Economic Freedom: Evidence from the U.S. States

Särtryck nr 2017:27

Författare: Christian BjørnskovÅr: 2017 Publikation: Contemporary Economic Policy Årgång (nr): 35 (3) Sidor: 518–531
Artikeln online (behörighet kan krävas)


This article returns to the discussion of how income inequality affects economic growth. The main argument of the article is that economic freedom is likely to mediate the association between inequality and growth. In a panel of 300 observations from six 5-year periods across the 50 U.S. states, I employ five different measures of inequality. The results show that across measures, the growth effects of inequality turn more positive with more economic freedom. The moderating effects are mainly driven by measures of public sector consumption.


Referens:
Bjørnskov, Christian (2017), "Growth, Inequality and Economic Freedom: Evidence from the U.S. States". Contemporary Economic Policy 35(3), 518–531.

Christian Bjørnskov

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