Sub-Saharan Africa (SSA) is one of the regions of the world that exhibits high disparities in income distribution. Income inequality has remained ubiquitous and pronounced across countries in the region, with Sub-Saharan Africa ranking closely behind Latin America as the second most unequal region globally. This paper specifically investigates the effect of disparities in income dispersion on economic growth in SSA countries from 1995-2015 using the Blundell-Bond panel estimation procedure. Results from our analysis generally indicate that income inequality has a consistent, direct and significant noxious effect on growth, implying that income inequality stifles growth in the region.
Odusanya, I., Akinlo, A., Onanuga, A. (2020). Income Distribution and Growth Process in Sub-Saharan Africa. Iranian Economic Review, (), -. doi: 10.22059/ier.2020.76104
MLA
Ibrahim Abidemi Odusanya; Anthony Enisan Akinlo; Abayomi Toyin Onanuga. "Income Distribution and Growth Process in Sub-Saharan Africa". Iranian Economic Review, , , 2020, -. doi: 10.22059/ier.2020.76104
HARVARD
Odusanya, I., Akinlo, A., Onanuga, A. (2020). 'Income Distribution and Growth Process in Sub-Saharan Africa', Iranian Economic Review, (), pp. -. doi: 10.22059/ier.2020.76104
VANCOUVER
Odusanya, I., Akinlo, A., Onanuga, A. Income Distribution and Growth Process in Sub-Saharan Africa. Iranian Economic Review, 2020; (): -. doi: 10.22059/ier.2020.76104
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