Growth and Income Inequality: A Comparative Analysis

Table 4

Different income inequality measures and growth.

	(1)	(2)	(3)	(4)	(5)
GDP	0.00004	0.00003	0.00004	0.00003	0.00004*
	(0.00003)	(0.00003)	(0.00003)	(0.00003)	(0.00003)
GINI				0.0377	0.0269
				(0.0246)	(0.0223)
Q5/Q1	0.0346
	(0.0329)
Q2 + Q3			−2.1106
			(3.1476)
Q5/(Q1 + Q2)		0.1039
		(0.1412)
PRIM	0.0297***	0.0347***	0.0395***	0.0266***	0.0221***
	(0.0045)	(0.0068)	(0.0115)	(0.0090)	(0.0092)
TER	−0.0551***	−0.0504***	−0.0524***	−0.0484***	−0.0520***
	(0.0165)	(0.0166)	(0.0167)	(0.0163)	(0.0165)
FER		−0.2422*		−0.3488**
		(0.1375)		(0.1564)
AFRICA	−1.2666**		−1.0004**		−1.3766**
	(0.6120)		(0.5833)		(0.6347)
LATIN	−1.6954***	−1.5440***	−1.6166***	−1.7113***	−1.7555***
	(0.5663)	(0.5694)	(0.5639)	(0.5630)	(0.5731)
𝑅^2	0.32	0.30	0.31	0.33	0.40

* %10 significance, ** % 5 significance, ***%1 significance.