This study presents an empirical analysis of the evolution of income inequality between 1990 and 2015. It also provides a recent literature review on the relationship between income inequality and economic growth. Finally, it makes econometric estimates on the impact of income inequality on per capita GDP and investigates some transmission channels through which income inequality affect economic growth. The model used for the purpose is a dynamic model based on Panel data from African Countries. The main finding is that, an increase in income inequality would lead to an increase in GDP per capita up to a certain level at which, any increase in income inequality would reduce GDP per capita. We also found that fertility rate and investment are the channels through which income inequality would influence significantly and negatively per capita GDP.
|la date de réponse||31 mai 2019|
|Superviseur||Mary Van Overbeke (Promoteur) & Francois Woitrin (Copromoteur)|