Convergence in income inequality? evidence from panel unit root tests with structural breaks | |
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學年 | 101 |
學期 | 1 |
出版(發表)日期 | 2012-08-01 |
作品名稱 | Convergence in income inequality? evidence from panel unit root tests with structural breaks |
作品名稱(其他語言) | |
著者 | Lin, Pei-chien; Huang, Ho-chuan |
單位 | 淡江大學產業經濟學系; 淡江大學財務金融學系 |
出版者 | Heidelberg: Physica-Verlag GmbH und Co. |
著錄名稱、卷期、頁數 | Empirical Economics 43(1), pp.153-174 |
摘要 | This paper empirically tests whether there is evidence of convergence in income inequality, as predicted by several versions of the neoclassical growth model, using a large panel of annual data for the 48 contiguous states in the US over the 1916–2005 period. By implementing the panel LM unit root test developed by Im et al. (Oxford Bull Econ Stat 67:393–419, 2005, Panel LM unit-root tests with trend shifts, Mimeo, 2010) that allows for the presence of structural breaks and heterogeneity in the panel, we find overwhelming evidence in support of convergence in income inequality. In addition, the results are robust to alternative inequality indicators used, different notions of stochastic convergence defined, and additional cross-sectional correlation considered. |
關鍵字 | |
語言 | en_US |
ISSN | 1435-8921 0377-7332 |
期刊性質 | 國外 |
收錄於 | SSCI |
產學合作 | |
通訊作者 | Lin, Pei-chien |
審稿制度 | 是 |
國別 | DEU |
公開徵稿 | |
出版型式 | 紙本,電子版 |
相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/78468 ) |
SDGS | 消除貧窮 |