收入不平等丶政府支出与经济增长：新的理论和证据.pdf

2005 7 0 Income Inequality, Government Expenditure and Economic Growth : New Theory and Evidence 1 2005 7 ABSTRACT This paper shows that in a modified simple model of endogenous growth, if the effects of fixed government expenditure are taken into account, then higher income inequality theoretically retards economic growth in the countries whose per capita GDP are lower than 1 1 the turning point income level and encourages growth in the countries whose per capita GDP are higher than the turning point. In a calibrated version of the model, the paper shows that the higher inequality leads to the higher turning point level. The empirical estimations based on a panel of countries confirm