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The Five Layers of Affluence

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Author Info

  • Theil, Henri
  • Moss, Charles B.
  • Chen, Dongling

Abstract

Using the Penn World Tables for 1950-1992, we summarize the gross domestic product development of 114 non-Communist countries by means of five regions: the North, the South (“down underâ€), tropical America plus southwest Asia, southeast Asia, and tropical Africa plus south-central Asia. This five-region classification accounts for >85% of the inequality among the 114 countries during 1961-1986.

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File URL: http://purl.umn.edu/43298
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Bibliographic Info

Article provided by Southern Agricultural Economics Association in its journal Journal of Agricultural and Applied Economics.

Volume (Year): 35 (2003)
Issue (Month): ()
Pages:

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Handle: RePEc:ags:joaaec:43298

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Web page: http://www.saea.org/jaae/jaae.htm
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Related research

Keywords: GDP; income convergence; inequality; Penn World Tables;

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