The Relationship Between Annual GDP Growth and Income Inequality: Developed and Undeveloped Countries
MetadataShow full item record
The hypothesis is that there exists a linear relationship between income inequality and annual GDP growth rate. When the GDP growth rate decreases, the income inequality also decreases. The researchers measured this across two major categories of countries: the developed and the undeveloped countries to see if there exists an optimal range of GDP growth that results in the lowest level of income inequality.