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Inequality in Dual Economy Models

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Author Info

  • Fields, Gary S

Abstract

This paper seeks to make more precise the notion of inequality by asking how inequality ought to behave under certain kinds of income changes. These view are derived axiomatically from the Lorenz properties and from additional considerations of 'elitism of the rich' and 'isolation of the poor.' Although several alternative patterns are generated, six commonly used inequality measures accord with one particular inequality pattern. Inequality measures can be formulated to represent the other inequality patterns; a class of such measures is displayed. Copyright 1993 by Royal Economic Society.

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Bibliographic Info

Article provided by Royal Economic Society in its journal The Economic Journal.

Volume (Year): 103 (1993)
Issue (Month): 420 (September)
Pages: 1228-35

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Handle: RePEc:ecj:econjl:v:103:y:1993:i:420:p:1228-35

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Cited by:
  1. Theo Eicher, 2000. "Inequality and Growth: The Dual Role of Human Capital in Development," CESifo Working Paper Series 355, CESifo Group Munich.
  2. Fields, Gary S., 2007. "How much should we care about changing income inequality in the course of economic growth?," Journal of Policy Modeling, Elsevier, vol. 29(4), pages 577-585.
  3. Vicente-Perdiz, Juan & Rubio Sanz, Maria Teresa & Decimavilla Herrero, Esther, 2010. "World’ Growth and Inequalities/Crecimiento mundial y desigualdades," Estudios de Economía Aplicada, Estudios de Economía Aplicada, vol. 28, pages 485 (14 pá, Agosto.
  4. Theo S Eicher & Cecilia Garcia Penalosa, . "Inequality and Growth," Discussion Papers in Economics at the University of Washington 0083, Department of Economics at the University of Washington.
  5. Bosmans, Kristof, 2007. "Income inequality, quasi-concavity, and gradual population shifts," Mathematical Social Sciences, Elsevier, vol. 53(1), pages 29-45, January.
  6. Ayal Kimhi, 2004. "Growth, Inequality and Labor Markets in LDCs: A Survey," CESifo Working Paper Series 1281, CESifo Group Munich.
  7. Lewis S. Davis, 2004. "Explaining the Evidence on Inequality and Growth: Informality and Redistribution," DEGIT Conference Papers c009_032, DEGIT, Dynamics, Economic Growth, and International Trade.
  8. Juan Vicente-Perdiz & Luis M. Borge, 2000. "Desarrollo y desigualdad con progreso técnico," Investigaciones Economicas, Fundación SEPI, vol. 24(3), pages 709-726, September.

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