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Academic Journal of Business & Management, 2023, 5(9); doi: 10.25236/AJBM.2023.050901.

Research on the Correlation between National Economic Growth and Income Distribution Indicators (Gini Coefficient)

Author(s)

Guo Zhiqiang, Liu Junyao

Corresponding Author:
Guo Zhiqiang
Affiliation(s)

Beijing Wuzi University, Beijing, 100000, China

Abstract

The issue of economic growth is the oldest topic in economics, and it is also a worldwide topic.Throughout the history of economic growth in various countries around the world, growth is often associated with income distribution, and differences in economic growth among countries have led to unequal distribution of income levels.At the same time, the disparity of income distribution also affects the economic growth of various countries.This paper firstly selects relevant statistical data from 1971 to 2018, establishes appropriate econometric models, and verifies and revises the models through various statistical testing methods.Then the relationship between economic growth and its related economic index (Gini coefficient) is quantitatively analyzed.Finally, through the analysis of the final regression model in economic significance, the relevant policy recommendations are put forward.

Keywords

Economic growth; Income distribution; Gini coefficient; Econometric model; Statistical test

Cite This Paper

Guo Zhiqiang, Liu Junyao. Research on the Correlation between National Economic Growth and Income Distribution Indicators (Gini Coefficient). Academic Journal of Business & Management (2023) Vol. 5, Issue 9: 1-8. https://doi.org/10.25236/AJBM.2023.050901.

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