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World’ Growth and Inequalities/Crecimiento mundial y desigualdades

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  • VICENTE-PERDIZ, JUAN

    ()
    (Departamento Economía Aplicada. UNIVERSIDAD DE VALLADOLID.)

  • RUBIO SANZ, MARIA TERESA

    ()
    (Departamento Economía Aplicada. UNIVERSIDAD DE VALLADOLID.)

  • DECIMAVILLA HERRERO, ESTHER

    ()
    (Departamento de Economía Aplicada. Universidad de Valladolid.)

Abstract

After intensive research, the relationship between (mean) growth and (relative) inequality is unresolved, and it will be unresolved because by definition relative inequality is mean independent. In this paper we review some recent empirical literature about the inequality and growth relationship and provide some additional interpretations about the choice of different measures of inequality by using a simple graphical tool called the poorest and richest triangle. The main conclusion of the paper is that, although in the most recent decades scholars may perceive either an increase or a decrease of the world inequality depending on the concept chosen, the world inequality is in any case disturbing because it has increased dramatically in the long term whatever the concept used. Después de una intensa investigación, la relación entre el crecimiento (medio) y la desigualdad (relativa) permanece sin resolver, y no se resolverá porque por definición la desigualdad relativa es independiente de la media. En este artículo revisamos algunos trabajos reciente sobre la relación entre crecimiento y desigualdad y proporcionamos algunas interpretaciones adicionales sobre la elección entre las diferentes medidas de desigualdad, mediante el uso de una sencilla herramienta denominada el triangulo del más pobre y del más rico. La principal conclusión obtenida es la de que, aunque en las últimas décadas los académicos puedan percibir un alza o una reducción de la desigualdad según el concepto que elijan, la desigualdad mundial es inquietante en cualquier caso porque su aumento en el largo plazo ha sido espectacular cualquiera que sea el concepto que se emplee.

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Bibliographic Info

Article provided by Estudios de Economía Aplicada in its journal Estudios de Economía Aplicada.

Volume (Year): 28 (2010)
Issue (Month): (Agosto)
Pages: 485 (14 págs).

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Handle: RePEc:lrk:eeaart:28_2_16

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Related research

Keywords: Distribución de la renta mundial; medición de la desigualdad ; World income distribution; measurement of inequality .;

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  1. Blackorby, Charles & Donaldson, David, 1978. "Measures of relative equality and their meaning in terms of social welfare," Journal of Economic Theory, Elsevier, vol. 18(1), pages 59-80, June.
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  15. Grosh, Margaret E & Nafziger, E Wayne, 1986. "The Computation of World Income Distribution," Economic Development and Cultural Change, University of Chicago Press, vol. 34(2), pages 347-59, January.
  16. Li, Hongyi & Zou, Heng-fu, 1998. "Income Inequality Is Not Harmful for Growth: Theory and Evidence," Review of Development Economics, Wiley Blackwell, vol. 2(3), pages 318-34, October.
  17. Knight, J B, 1976. "Explaining Income Distribution in Less Developed Countries: A Framework and an Agenda," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 38(3), pages 161-77, August.
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