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Links Between Inequality and Growth in Developed Countries: the Role of Corruption

Nexos entre la desigualdad y crecimiento en países desarrollados y en desarrollo: el rol de la corrupción;
Ligações entre a desigualdade e crescimento nos países desenvolvidos e em desenvolvimento: o papel da corrupção

dc.contributor.authorDabús, Carlos
dc.contributor.authorDelbianco Fernando
dc.coverage.spatialLat: 06 15 00 N degrees minutes Lat: 6.2500 decimal degreesLong: 075 36 00 W degrees minutes Long: -75.6000 decimal degrees
dc.date.accessioned2024-01-23T15:56:45Z
dc.date.available2024-01-23T15:56:45Z
dc.date.created2021-07-30
dc.identifier.issn0120-6346
dc.identifier.urihttp://hdl.handle.net/11407/8230
dc.descriptionThis article investigates the global effect of inequality upon growth, i.e., both its direct influence as the influence of the channels that connect these variables. The study is performed upon a wide variety of countries during the 1985-2018 period. With the goal of identifying the channels between inequality and growth, the estimations were made through the SURE (Seemingly Unrelated Regression Equations) method. The results found by the study indicate that, in general, inequality is prejudicial for growth in the form of corruption as directly, being corruption the main channel responsible for concentrating income and being detrimental for the economy. Thus, the policy recommendation resulting from this study suggests the application of a tax system and a progressive tax policy with strong controls to reduce the global inequality alongside the development of control mechanisms that limit the power of influence in the assignment of resources.eng
dc.descriptionEn este artículo se investiga el efecto global de la desigualdad sobre el crecimiento, es decir, tanto su influencia directa como la de los canales que conectan ambas variables. El estudio se realiza para una amplia muestra de países durante el periodo 1985-2018. A fin de captar los canales entre desigualdad y crecimiento, las estimaciones fueron realizadas por medio del método SURE (Seemingly Unrelated Regression Equations). Los resultados encontrados indican que, en general la desigualdad es perjudicial para el crecimiento, tanto en forma directa como a través de la corrupción, la que se encuentra como el principal canal por el cual una mayor concentración del ingreso es perjudicial para la economía. Por tanto, las recomendaciones de política resultantes de este estudio sugieren la aplicación de un sistema impositivo y una política fiscal progresivos y con férreos controles del Estado, a modo de reducir la desigualdad global, junto con el desarrollo de mecanismos de control que limiten la influencia en la asignación de recursos.spa
dc.descriptionNeste artigo investiga-se o efeito global da desigualdade sobre o crescimento, ou seja, tanto a sua influência direta como a dos meios que conectam ambas variáveis. O estudo realiza-se para uma ampla amostra de países durante o período 1985-2018. Com o fim de captar os canais entre desigualdade e crescimento, as apreciações foram realizadas usando o método SURE (Seemingly Unrelated Regression Equations). Os resultados obtidos indicam que, em geral a desigualdade é prejudicial para o crescimento, já seja em forma direta como a partir da corrupção, a que se encontra como a principal causa que prejudica a economia. Portanto, as recomendações de políticas como resultado deste estudo sugerem a aplicação de um sistema fiscal e uma política tributária progressivos e com controles reforçados do Estado, que reduza a desigualdade global, de mãos dadas com o desenvolvimento de mecanismos de controle que limitem a influência na atribuição dos recursos.por
dc.formatPDF
dc.format.extentp. 207-227
dc.format.mediumElectrónico
dc.format.mimetypeapplication/pdf
dc.language.isospa
dc.publisherUniversidad de Medellín
dc.relation.ispartofseriesSemestre Económico; Vol. 24 No. 56 (2021)
dc.relation.haspartSemestre Económico; Vol. 24 Núm. 56 enero-junio 2021
dc.relation.urihttps://revistas.udem.edu.co/index.php/economico/article/view/3647
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0*
dc.sourceSemestre Económico; Vol. 24 No. 56 (2021): (enero-junio); 207-227
dc.subjectEconomic growtheng
dc.subjectInequalityeng
dc.subjectCorruptioneng
dc.subjectSimultaneous equationseng
dc.subjectCrecimiento económicospa
dc.subjectDesigualdadspa
dc.subjectCorrupciónspa
dc.subjectEcuaciones simultáneasspa
dc.subjectCrescimento económicopor
dc.subjectDesigualdadepor
dc.subjectCorrupçãopor
dc.subjectEquações simultâneaspor
dc.titleLinks Between Inequality and Growth in Developed Countries: the Role of Corruptioneng
dc.titleNexos entre la desigualdad y crecimiento en países desarrollados y en desarrollo: el rol de la corrupciónspa
dc.titleLigações entre a desigualdade e crescimento nos países desenvolvidos e em desenvolvimento: o papel da corrupçãopor
dc.typearticle
dc.identifier.doihttps://doi.org/10.22395/seec.v24n56a9
dc.relation.citationvolume24
dc.relation.citationissue56
dc.relation.citationstartpage207
dc.relation.citationendpage227
dc.audienceComunidad Universidad de Medellín
dc.publisher.facultyFacultad de Ciencias Económicas y Administrativas
dc.publisher.placeMedellín
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dc.rights.creativecommonsAttribution-NonCommercial-NoDerivatives 4.0 International*
dc.identifier.eissn2248-4345
dc.type.coarhttp://purl.org/coar/resource_type/c_6501
dc.type.versioninfo:eu-repo/semantics/publishedVersion
dc.type.localArtículo científico
dc.type.driverinfo:eu-repo/semantics/article
dc.identifier.reponamereponame:Repositorio Institucional Universidad de Medellín
dc.identifier.repourlrepourl:https://repository.udem.edu.co/
dc.identifier.instnameinstname:Universidad de Medellín


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