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the claim
Higher income inequality reduces a country's long-run economic growth.
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INSUFFICIENT LEANING
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5 sources for · 0 against
Is it true that higher income inequality reduces a country's long-run economic growth?
Unclear. Several sources report that higher income inequality is associated with lower long-run growth, including cross-country findings and cross-industry evidence, but these cover specific mechanisms, regions or growth measures rather than settling the general claim. One source notes the relationship may be non-linear and vary by development stage.
Verdict: PARTIAL LEAN · 5 sources for, 0 against · Last checked
Evidence for · 5
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Economic growth. (n.d.). en.wikipedia.org. https://en.wikipedia.org/wiki/Economic_growth
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More for · 4
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Effects of economic inequality. (n.d.). en.wikipedia.org. https://en.wikipedia.org/wiki/Effects_of_economic_inequality
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Gutierrez-Romero, R. (2020). Inequality Affects Long-Run Growth: Cross-Industry, Cross-Country Evidence. doi.org. https://doi.org/10.2139/ssrn.3592024
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Income Inequality and Economic Growth Dynamics | Macroeconomics | Applied Economics | Social sciences | Topics | Nature Index. (n.d.). nature.com. https://www.nature.com/nature-index/topics/l4/income-inequality-and-economic-growth-dynamics
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Haruna, E. U. & Tawiah, V. (2024). Does Income Inequality Endanger Green Growth? Evidence from Selected Countries in Asia and the Global South. doi.org. https://doi.org/10.11130/jei.2024043
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