Research Article
Growth and Income Inequality: A Comparative Analysis
Table 2
The determinants of growth rate.
| | 1970–1985 | 1985–1999 | | 1 | 2 | 1 | 2 | 3 |
| GDP | 0.00003 | 0.00003 | 0.00003 |
0.00003 | 0.00005 | (0.00003) | (0.00003) | (0.00003) | (0.00003) | (0.00003) | GINI | −0.0215 | 0.0203 | 0.0377 |
0.0428* | 0.0372 | (0.0259) | (0.0220) | (0.0246) | (0.0246) | (0.0248) | PRIM | 0.0138*** | 0.0159*** | 0.0266*** | 0.0238** | 0.0350*** | (0.0087) | (0.0078) | (0.0090) | (0.0091) | (0.0127) | SEC | 0.0113 | 0.0171 | | | −0.0179 | (0.0163) | (0.0174) | | | (0.0141) | TER | −0.0030 | −0.0020 | −0.0484*** | −0.0513*** | −0.0415** | (0.0347) | (0.0287) | (0.0163) | (0.0163) | (0.0179) | FER | −0.1551 | −0.1555*** | −0.3488** | −0.2476 | −0.2812 | (0.0989) | (0.0700) | (0.1564) | (0.1720) | (0.1727) | AFRICA | | −1.1235*** | | −0.9402 | −1.1368 | | (0.5977) | | (0.6958) | (0.7076) | LATIN | | −1.1376*** | −1.7113*** | −1.8982*** | −2.1166** | | (0.5117) | (0.5629) | (0.5741) | (0.5951) | | 0.39 | 0.49 | 0.41 | 0.43 | 0.45 |
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Notes: *,**,*** denote 10, 5, and 1 percent significance respectively, standard errors are in parenthesis.
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