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Trends In Income Distribution

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  • Lucian-Liviu ALBU

    ()
    (Institute of Economic Forecasting - Romanian Academy)

Abstract

In modern society the income distribution is one of the major problems. Usually, it is considered that a severe polarisation in matter of income per capita could have a major negative impact on the general process of economic development. This study is focussing on estimating dynamics of some concentration indicators in Romania for the last period. We are using available data at two levels, namely income distribution by deciles and by regions, respectively (NUTS 2, according to the EU classification). The results show different trends in the two cases. Moreover, the impact of the crisis on the income distribution is evaluated and some conclusions are derived from the study.

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Bibliographic Info

Article provided by Institute of National Economy in its journal Romanian Journal of Economics.

Volume (Year): 35 (2012(XXII))
Issue (Month): 2(44) (December)
Pages: 33-44

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Handle: RePEc:ine:journl:v:2:y:2012:i:44:p:33-44

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Related research

Keywords: income distribution; Lorenz curve; Gini coefficient; lognormal distribution;

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References

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  1. Xavier Sala-i-Martin, 2002. "The disturbing "rise" of global income inequality," Discussion Papers 0102-44, Columbia University, Department of Economics.
  2. Aurel IANCU, 2008. "Real convergence and integration," Review of Economic and Business Studies, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 1, pages 15-28, December.
  3. Quah, Danny T., 1996. "Empirics for economic growth and convergence," European Economic Review, Elsevier, vol. 40(6), pages 1353-1375, June.
  4. Gastwirth, Joseph L, 1972. "The Estimation of the Lorenz Curve and Gini Index," The Review of Economics and Statistics, MIT Press, vol. 54(3), pages 306-16, August.
  5. Iancu, Aurel, 2010. "Transition, Integration And Convergence - The Case Of Romania -," Working Papers of National Institute of Economic Research 101222, National Institute of Economic Research.
  6. Albu, Lucian Liviu, 2012. "The Convergence Process in the EU Estimated by Gini Coefficients," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(4), pages 5-16, December.
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