Why is Africa so poor ? A structural model of growth and income inequality

Why is Africa so poor ? A structural model of growth and income inequality

Author: 
Fielding, David
Place: 
Oxford
Publisher: 
CSAE Publishing
Phys descriptions: 
17p., tables, figures
Date published: 
2000
Record type: 
Region: 
Call No: 
330.360 FIE
Abstract: 

The paper extends existing work on inequality and economic development by estimating a cross-country structural model that identifies bi-directional relationships between income inequality and other indicators of social and economic development. Overall, lower inequality is associated with improvements in other development indicators, but this is the result of several complex interactions. The most striking feature of the structural model is the insight it provides into the reasons behind the negative "Africa dummy" in previous cross-country growth studies.

Language: 
Series: 
Working paper series 2001-5

CITATION: Fielding, David. Why is Africa so poor ? A structural model of growth and income inequality . Oxford : CSAE Publishing , 2000. - Available at: http://library.au.int/why-africa-so-poor-structural-model-growth-and-income-inequality-7