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Fast Development with a Stable Income Distribution: Taiwan, 1979-94

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Author Info
Bourguignon, Francois
Fournier, M
Gurgand, M

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Abstract

This paper studies the mechanisms underlying the apparent stability of the income distribution in Taiwan. An original decomposition method based on micro-simulation techniques is proposed. Applied to the distribution of income in Taiwan since 1979, it permits isolating the respective impact of changes in: (a) the earning structure; (b) labor-force participation behavior; and (c) the socio-demographic structure of the population. The stability of the distribution in Taiwan appears as the result of various structural forces which happened to offset each other. The small drop observed in the inequality of individual earnings resulted from the combination of unequalizing changes in the wage structure and the effects of changes in female labor-force participation as well as in the educational structure of the population. However, the same offsetting forces, together with changes in the composition of households, resulted in a small increase in the inequality of the distribution of equivalized household income. Copyright 2001 by The International Association for Research in Income and Wealth.

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Article provided by Blackwell Publishing in its journal Review of Income & Wealth.

Volume (Year): 47 (2001)
Issue (Month): 2 (June)
Pages: 139-63
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Handle: RePEc:bla:revinw:v:47:y:2001:i:2:p:139-63

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  1. Heshmati, Almas, 2004. "A Review of Decomposition of Income Inequality," IZA Discussion Papers 1221, Institute for the Study of Labor (IZA). [Downloadable!]
  2. Caesar B. Cororaton & John Cockburn, 2005. "Trade Reform and Poverty in the Philippines: a Computable General Equilibrium Microsimulation Analysis," Cahiers de recherche 0513, CIRPEE. [Downloadable!]
  3. Martin Fournier, 2001. "Inequality decomposition by factor component : a "rank-correlation" approach illustrated on the Taiwanese case," Recherches économiques de Louvain, De Boeck Université, vol. 67(4), pages 381-403. [Downloadable!]
  4. John Cockburn, 2004. "Trade Liberalisation and Poverty in Nepal A Computable General Equilibrium Micro Simulation Analysis," Development and Comp Systems 0409012, EconWPA. [Downloadable!]
  5. Martin FOURNIER, 2001. "Inequality decomposition by factor component : a Òrank-correlationÓ approach illustrated on the Taiwanese case," Discussion Papers (REL - Recherches Economiques de Louvain) 2001042, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES). [Downloadable!]
  6. Devarajan, Shantayanan & Robinson, Sherman, 2002. "The influence of computable general equilibrium models on policy," TMD discussion papers 98, International Food Policy Research Institute (IFPRI). [Downloadable!]
  7. De Hoyos, Rafael E., 2005. "The Microeconomics of Inequality, Poverty and Market Liberalizing Reforms," Working Papers RP2005/63, World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
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