Income Inequality and Redistribution In Sub-Saharan Africa
Publikation: Working paper › Forskning
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Income Inequality and Redistribution In Sub-Saharan Africa. / Niño-Zarazúa, Miguel; Scaturro, Francesca; Jorda, Vanesa; Tarp, Finn.
African Economic Research Consortium AERC, 2022.Publikation: Working paper › Forskning
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TY - UNPB
T1 - Income Inequality and Redistribution In Sub-Saharan Africa
AU - Niño-Zarazúa, Miguel
AU - Scaturro, Francesca
AU - Jorda, Vanesa
AU - Tarp, Finn
PY - 2022
Y1 - 2022
N2 - The theoretical expectation postulated by standard economic theory is that highinequality would lead to higher redistribution via the collective action of the medianvoter. In this paper, we adopt an instrumental variable approach to test the medianvoter hypothesis with specific reference to sub-Saharan Africa (SSA). Overall, we find apositive relationship between inequality and redistribution, especially among middle-income countries, which is driven by the abundance of natural resource rents. Thus,our results do not provide strong evidence to support the median voter theorem, butinstead, call for alternative interpretations, more closely to the existence of multiplesteady states.
AB - The theoretical expectation postulated by standard economic theory is that highinequality would lead to higher redistribution via the collective action of the medianvoter. In this paper, we adopt an instrumental variable approach to test the medianvoter hypothesis with specific reference to sub-Saharan Africa (SSA). Overall, we find apositive relationship between inequality and redistribution, especially among middle-income countries, which is driven by the abundance of natural resource rents. Thus,our results do not provide strong evidence to support the median voter theorem, butinstead, call for alternative interpretations, more closely to the existence of multiplesteady states.
M3 - Working paper
VL - Working Paper GPIR-001
BT - Income Inequality and Redistribution In Sub-Saharan Africa
PB - African Economic Research Consortium AERC
ER -
ID: 330471176