Quantifying the Relationship Between GDP Per Capita and Inequality in the Balkan Region
Quantifying the Relationship Between GDP Per Capita and Inequality in the Balkan Region
Author(s): Edgar J. Saucedo-AcostaSubject(s): Economy, Supranational / Global Economy
Published by: Τεχνολογικό Εκπαιδευτικό Ίδρυμα Ανατολικής Μακεδονίας και Θράκης
Keywords: Technology Spillover; Foreign Direct Investment; Turkey;
Summary/Abstract: Purpose:The paper aims to estimate the effect of inequality on the economic growth of Balkan countries for the period 2001-2017. In addition, the effect of capital stock on GDP per capita (GDPpc) for the Balkan countries was estimated. The low level of financial inclusion on the Balkan region produces an underinvestment of human capital and affects the low-income households, leading to an increase in inequality. Low levels of equality and capital stock negatively impact economic growth.
Journal: International Journal of Business and Economic Sciences Applied Research (IJBESAR)
- Issue Year: 14/2021
- Issue No: 2
- Page Range: 7-13
- Page Count: 7
- Language: English
