Re-Examine the Relationship Between Income Inequality and Economic Growth in Egypt in 2004 – 2015
Trang Mai Trần
Abstract
Trang Mai Trần
Abstract
This article aims to re-examine the link between income inequality and economic growth in Egypt between 2004 and 2015. Income inequality and economic growth are controversial issues. There are many views that inequality negatively affects economic growth. In contrast, some hybrid scientists argue that moderate-income inequalities positively affect economic growth. In the period 2004-2015, Egypt experienced an unstable growth rate and had many incidents during this period such as the Arab Spring. Income inequality has been considered as one of the causes of the Arab Spring revolution. The regression results of the test model in this paper show the correlation between income inequality and economic growth and several other factors in 2004 – 2015 in Egypt.
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This article aims to re-examine the link between income inequality and economic growth in Egypt between 2004 and 2015. Income inequality and economic growth are controversial issues. There are many views that inequality negatively affects economic growth. In contrast, some hybrid scientists argue that moderate-income inequalities positively affect economic growth. In the period 2004-2015, Egypt experienced an unstable growth rate and had many incidents during this period such as the Arab Spring. Income inequality has been considered as one of the causes of the Arab Spring revolution. The regression results of the test model in this paper show the correlation between income inequality and economic growth and several other factors in 2004 – 2015 in Egypt.
Key concepts: Economic inequality, Inequality, Economics, Income inequality metrics, Income distribution, Demographic economics, Development economics, Mathematics