Growth and Income Inequality: A Comparative Analysis

Table 5

The effect of growth on income inequality.

	GROWTH	VOL	GOVT	PRIM	SEC	TER	FER	𝑅^2
(1)		1.3801***	0.4449	0.2254***	−0.1061		3.1227***	0.46
		(0.4788)	(0.3582)	(0.0608)	(0.0907)		(1.0520)
(2)		0.3754***	0.0125	0.3576***	−0.1252		3.2223***	0.43
		(0.1874)	(0.2814)	(0.0646)	(0.0818)		(1.1569)
(3)		0.3257***	−0.0414	0.3662***	−0.1929**	0.2138	3.2974***	0.46
		(0.1381)	(0.2762)	(0.0631)	(0.0905)	(0.1357)	(1.1274)
(4)	−0.0783	0.2739	−0.0392	0.3703***	−0.1919**	0.2054	3.2919***	0.44
	(0.8533)	(0.9409)	(0.2826)	(0.0787)	(0.0928)	(0.1657)	(1.1511)

White heteroskedasticity consistent standard errors are in parenthesis.