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  • 标题:Economic freedom and income inequality: further evidence from 58 countries in the long-run
  • 本地全文:下载
  • 作者:Apergis, Nicholas
  • 期刊名称:Financial Theory and Practice
  • 印刷版ISSN:1846-887x
  • 电子版ISSN:1845-9757
  • 出版年度:2015
  • 卷号:39
  • 期号:4
  • 页码:349-370
  • DOI:10.3326/fintp.39.4.1
  • 语种:English
  • 出版社:Institute Of Public Finance
  • 摘要:This study employs panel data for 58 countries from 1980-2010, to investigate the dynamic relationship between economic freedom and income inequality. Both linear and non-linear (Panel Smooth Threshold Regression) cointegration estimation methods are used to identify a long-run equilibrium relationship between the overall economic freedom index and its components, and income inequality. The linear long-run parameter estimates for the entire panel of countries show that the association is negative, while the non-linear long-run parameter estimates indicate that above a threshold point the association between economic freedom and income inequality is negative, while below this threshold point the association is positive.
  • 关键词:economic freedom; Economic Freedom Index; income distribution
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