초록 열기/닫기 버튼
This study analyzes the relationship between income inequality and economic growth. Ginicoefficient (market income), the deciles income inequality index and per capita real GDP wereanalyzed. Furthermore, various cointegration tests were tried to improve the reliability of thetest results. From the weak exogeniety test of between per capita real GDP and the Ginicoefficient (market income), per capita real GDP has a weak exogeneity while the Ginicoefficient is endogenous. From the various cointegration tests, we found out that there is acointegration between Gini coefficient and per capita real GDP. Moreover, it is estimated thatper capita real GDP has a positive effect on the Gini coefficient (market income). In the VARGranger causal analysis, per capita real GDP affects the Gini coefficient (market income), butit is difficult to say that the Gini coefficient (market income) always has an effect on percapita real GDP. Also, the impulse-response function of the VAR model shows that per capitareal GDP temporarily reduces the Gini coefficient (market income), and then increases it overtime. Accordingly, it is necessary for the policies to improve not only the distribution structurebut also income distribution through economic growth.
