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VGU RESEARCH REPOSITORY


Please use this identifier to cite or link to this item: https://epub.vgu.edu.vn/handle/dlibvgu/653
DC FieldValueLanguage
dc.contributor.authorNguyen Ngoc Thuy Duongen_US
dc.date.accessioned2020-03-12T17:06:22Z-
dc.date.available2020-03-12T17:06:22Z-
dc.date.issued2016-
dc.identifier.urihttp://epub.vgu.edu.vn/handle/dlibvgu/653-
dc.description.abstractThroughout the last few decades, numerous studies have been made on the relationship between inequality and growth. Simon Kuznets (1955) stated the hypothesis, to which is well know today as the Kuznets curve, that as an economy develops from an agricultural society to an industrialized economy, inequality would first increase and then decrease again. In many papers, growth is considered to be one of the main factors leading to inequality. However, from another perspective, researches have also been done to assess the impact of inequality on growth. While Alesina and Rodrik (1994), Person and Tabellini (1994) and Perotti (1996) used cross-sectional data between countries and reported that inequality in general is destructive for growth, Barro (2000), who based his studies on a broad panel of countries, argued that inequality would most likely to constrain growth in poor countries. Whereas in richer countries, inequality may actually increase growth, thus meaning it would be good to have inequality. Forbes (2009), by using an improved set of inequality statistics, also reported that there is a significantly positive relationship between the increase in a country’s level of income inequality with economic growth during the short and medium run. Vietnam was one of the poorest countries in the world before the Doi Moi’s reform, and has since grown at a significant rate, accompanied with an increase in the rate of inequality. This makes Vietnam an interesting country to study whether inequality holds a negative or positive impact towards the future growth of the country. This paper will try to break down and represent the most frequently discussed mechanisms which are believed to affect growth. It is fully written in theoretical form and brings together different research papers to give the reader an overview on the theories which are suggested to play a role in economic growth and draw correlations based on recent data on growth, inequality, education, population and capital in Vietnam. One drawback is that as Vietnam is a newly emerged economy, most papers are based on the idea of how growth would affect inequality and not vice versa. The aim of this paper is to bring theories and data within and outside of Vietnam to suggest how inequality would affect future growth and thus hopefully draw attention for further empirical research to assess whether Inequality is good for Vietnam.en_US
dc.language.isoenen_US
dc.rightsAttribution-NonCommercial 4.0 International*
dc.rights.urihttps://creativecommons.org/licenses/by-nc/4.0/*
dc.subjectInequalityen_US
dc.subjectOutput growthen_US
dc.subjectMechanismsen_US
dc.titleMechanisms as to how inequality affects output growth in Vietnamen_US
dc.typeThesisen_US
item.fulltextWith Fulltext-
item.languageiso639-1other-
item.grantfulltextrestricted-
Appears in Collections:Finance & Accounting (FA)
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