Creative Commons License

Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.

Document Type

Article

Publication Date

Spring 2017

Abstract

The main focus of this research paper is to investigate the impacts of income inequality and other economic growth determinants on economic growth of some selected oil-importing MENA countries using a panel data for the time span 1980-2007. This paper contributes to the literature on income inequality, economic development indicators, and economic development in novel ways. Our findings indicate that income inequality decelerate the rate of change of economic development. However, the results of this research might conflict with others’ results if their research combines oil-exporting and oil-importing MENA countries in their sample or use different methodologies. Therefore, the policy recommendations should be used cautiously.

Comments

This paper is a winner of the 2017 Booth Library Awards for Excellence in Student Research and Creative Activity

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