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Effect of Income Inequality on Economic Growth in Selected West Africa Countries: An Empirical Analysis

Cilt: 1 Sayı: 3 8 Temmuz 2019
Ebrima K. Ceesay *, Momodou Mustapha Fanneh , Joseph Bm. Tsenkwo
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Effect of Income Inequality on Economic Growth in Selected West Africa Countries: An Empirical Analysis

Öz

The paper empirically investigates the effect of income inequality on economic growth in the selected Western African countries for the period of 1969-2016 by using panel data analysis. The results of panel data method indicates that poverty has positive and statistically significant effect; openness has a negative, and also significant effect on economic growth. On the other hand, inequality and human capita have negative effect on economic growth and slightly statistically significant.

The results of this study show that the policy makers should focus on reinvestment in human capital, poverty reduction, land reforms, and infrastructure development as the dynamics of economic growth for these countries. 


Anahtar Kelimeler

Income inequality,Hausman tests,Poverty,Fixed effects,Economic growth

Kaynakça

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  10. D. and A. Kraay, 2001. Growth is good for the poor. World Bank Research Working Paper.

Kaynak Göster

APA
Ceesay, E. K., Fanneh, M. M., & Tsenkwo, J. B. (2019). Effect of Income Inequality on Economic Growth in Selected West Africa Countries: An Empirical Analysis. BİLTÜRK Journal of Economics and Related Studies, 1(3), 240-257. https://izlik.org/JA86GU37JM
AMA
1.Ceesay EK, Fanneh MM, Tsenkwo JB. Effect of Income Inequality on Economic Growth in Selected West Africa Countries: An Empirical Analysis. BILTURK. 2019;1(3):240-257. https://izlik.org/JA86GU37JM
Chicago
Ceesay, Ebrima K., Momodou Mustapha Fanneh, ve Joseph Bm. Tsenkwo. 2019. “Effect of Income Inequality on Economic Growth in Selected West Africa Countries: An Empirical Analysis”. BİLTÜRK Journal of Economics and Related Studies 1 (3): 240-57. https://izlik.org/JA86GU37JM.
EndNote
Ceesay EK, Fanneh MM, Tsenkwo JB (01 Temmuz 2019) Effect of Income Inequality on Economic Growth in Selected West Africa Countries: An Empirical Analysis. BİLTÜRK Journal of Economics and Related Studies 1 3 240–257.
IEEE
[1]E. K. Ceesay, M. M. Fanneh, ve J. B. Tsenkwo, “Effect of Income Inequality on Economic Growth in Selected West Africa Countries: An Empirical Analysis”, BILTURK, c. 1, sy 3, ss. 240–257, Tem. 2019, [çevrimiçi]. Erişim adresi: https://izlik.org/JA86GU37JM
ISNAD
Ceesay, Ebrima K. - Fanneh, Momodou Mustapha - Tsenkwo, Joseph Bm. “Effect of Income Inequality on Economic Growth in Selected West Africa Countries: An Empirical Analysis”. BİLTÜRK Journal of Economics and Related Studies 1/3 (01 Temmuz 2019): 240-257. https://izlik.org/JA86GU37JM.
JAMA
1.Ceesay EK, Fanneh MM, Tsenkwo JB. Effect of Income Inequality on Economic Growth in Selected West Africa Countries: An Empirical Analysis. BILTURK. 2019;1:240–257.
MLA
Ceesay, Ebrima K., vd. “Effect of Income Inequality on Economic Growth in Selected West Africa Countries: An Empirical Analysis”. BİLTÜRK Journal of Economics and Related Studies, c. 1, sy 3, Temmuz 2019, ss. 240-57, https://izlik.org/JA86GU37JM.
Vancouver
1.Ebrima K. Ceesay, Momodou Mustapha Fanneh, Joseph Bm. Tsenkwo. Effect of Income Inequality on Economic Growth in Selected West Africa Countries: An Empirical Analysis. BILTURK [Internet]. 01 Temmuz 2019;1(3):240-57. Erişim adresi: https://izlik.org/JA86GU37JM