چکیده:
The concept of inclusive growth is one of the important issues in
the urban economics literature and has been considered in empirical
studies recently. For this purpose, the main aim of this paper is to
investigate the relationship between income inequality and GDP
growth in Iranian provinces over the period of 2000-2012. To
conduct this study, the econometric model has been estimated by
applying seemingly unrelated regression in panel data for 30 Iranian
provinces.
The empirical findings of this paper shows that the Gini
coefficient as a proxy for income inequality and unemployment rate
have negative and the initial level of Gini coefficient has positive
and significant effect on the growth of GDP respectively.
The overall conclusion of this study suggests that inequality of
Iranian provinces can be decreased by improving employment and
growth of per capita income.
خلاصه ماشینی:
"The Interaction between Income Inequality and Inclusive Growth in Iranian Provinces (SURE Approach in Panel Data) Majid Feshari1 Nayer Ghamari2 Received: 2014/9/20 Accepted: 2014/11/12 Abstract: The concept of inclusive growth is one of the important issues in the urban economics literature and has been considered in empirical studies recently.
3. Model Specification and Data Collection In order to evaluate the relationship between income inequality and inclusive growth in the Iranian provinces, according to the economic literature as well as empirical studies by Son (2007) and Sabyasachi (2013), the following model has been specified: In above equations, Y ، I ،UR are the growth rate of GDP, growth rate of Gini coefficient and unemployment rate.
As discussed in review of literature, the expected sign of coefficients (View the image of this page) For investigation of relationship between growth rate of income inequality and GDP growth as a proxy for inclusive growth, the econometric model has been estimated by using of seemingly unrelated regression in panel data (SURE)1.
Table2: The Results of SURE Method for Model Estimation t-statistics (View the image of this page) According to table2, we can argue that in equation (1), initial value of Gini coefficient has negative effect on the GDP growth rate in Iranian provinces and with 1 percent increase of Gini coefficient in initial year (2000), the growth of GDP has decreased in about of -0."