Government Intervention, Institutional Quality, and Income Inequality: Evidence from Asia and the Pacific, 1988–2014
We examine the linear and nonlinear long-run relationship between public expenditure and institutional quality, and income inequality in Asia and the Pacific. By applying panel cointegration methods using a dataset from 1988 to 2014, our main findings suggest that public expenditure and institutiona...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
World Scientific Publishing
2021-03-01
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Series: | Asian Development Review |
Subjects: | |
Online Access: | https://www.worldscientific.com/doi/10.1162/adev_a_00162 |