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dc.contributor.authorArora, Rashmien_US
dc.date.accessioned2017-05-03T15:46:29Z
dc.date.available2017-05-03T15:46:29Z
dc.date.issued2012en_US
dc.date.modified2013-09-11T23:55:53Z
dc.identifier.issn00036846en_US
dc.identifier.doi10.1080/00036846.2011.597736en_US
dc.identifier.urihttp://hdl.handle.net/10072/41642
dc.description.abstractAlthough a large literature exists on finance and economic growth, few studies have empirically examined the relationship between finance and inequality. Using grouped national household sample survey data on monthly household consumption expenditure at the sub-national level for the years 1999-2000 to 2006-2007, we examine the relationship between Financial Development (FD) and rural and urban inequality in India. The results indicate that FD is associated with a reduction in inequality, but only in the urban areas. Further, inequality is found to be higher in the richer states compared to less developed and low income states, and as state income increases, inequality also increases both in the rural and urban areas. Finally, our results show that increase in population per bank branch leads to higher inequality in urban areas but decline in rural areas.en_US
dc.description.peerreviewedYesen_US
dc.description.publicationstatusYesen_US
dc.languageEnglishen_US
dc.language.isoen_US
dc.publisherRoutledgeen_US
dc.publisher.placeUnited Kingdomen_US
dc.relation.ispartofstudentpublicationNen_US
dc.relation.ispartofpagefrom4527en_US
dc.relation.ispartofpageto4538en_US
dc.relation.ispartofissue34en_US
dc.relation.ispartofjournalApplied Economicsen_US
dc.relation.ispartofvolume44en_US
dc.rights.retentionYen_US
dc.subject.fieldofresearchEconomic Development and Growthen_US
dc.subject.fieldofresearchcode140202en_US
dc.titleFinance and inequality: a study of Indian statesen_US
dc.typeJournal articleen_US
dc.type.descriptionC1 - Peer Reviewed (HERDC)en_US
dc.type.codeC - Journal Articlesen_US
gro.date.issued2012
gro.hasfulltextNo Full Text


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