The debate over regional inequality and economic growth is ongoing. Previous research has shown that economic growth reduces regional disparity in the unemployment rate and increases regional disparity in income. This paper examines the jobless rate and tax income to further explore the effect economic growth has had upon regional inequalities. Here we find while economic growth acts to significantly reduce jobless rates, reducing the differences between SLAs is much more stubborn particularly for remote regions. Additionally, here we show a much stronger link between economic growth and regional divergence in market income, with changes in economic growth impacting mostly upon richer SLAs located in capital cities and remote regions.
|Title of host publication||The 42nd Australian Conference of Economists Conference Proceedings : Beyond the Frontiers: New Directions in Economics|
|Editors||David Butler, Maria Mangano|
|Place of Publication||Perth, Western Australia|
|Number of pages||10|
|Publication status||Published - 2013|
|Event||42nd Australian Conference of Economists - Murdoch University, Perth, Australia|
Duration: 7 Jul 2013 → 10 Jul 2013
|Conference||42nd Australian Conference of Economists|
|Period||7/07/13 → 10/07/13|
CORLISS, M., & LEWIS, P. (2013). Regional Convergence and the Trade Cycle. In D. Butler, & M. Mangano (Eds.), The 42nd Australian Conference of Economists Conference Proceedings : Beyond the Frontiers: New Directions in Economics (pp. 1-23). Perth, Western Australia: Murdoch University.