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International Advances in Economic Research

, Volume 4, Issue 1, pp 34–47 | Cite as

Income distribution and the economy: Evidence from the vector autoregression model

  • Mohamad Shaaf
Articles
  • 51 Downloads

Abstract

Using the vector autoregression model, this research explores the impact of income concentration on GDP. The estimated results of the model and its impulse response confirm earlier studies which used different methodology or different data sets indicating that a higher concentration of income adversely affect GDP in the short run, although the effect turns positive in the long run.

Keywords

Economic Growth Impulse Response International Economic Income Distribution Income Concentration 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© International Atlantic Economic Society 1998

Authors and Affiliations

  • Mohamad Shaaf
    • 1
  1. 1.University of Central OklahomaU.S.A.

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