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A Note on Measuring Inclusive Growth and the Inclusiveness of Growth

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  • Siddhartha Mitra

Abstract

This article makes three basic contributions: (a) review an already existing measure of ‘inclusive growth’ derived from a measure of inclusiveness (an increase which is assumed to be associated with inclusive growth) and show that this is one among a class of an infinite number of possible measures; (b) identify two drawbacks associated with the class of measures of ‘inclusive growth’ mentioned in (a) and come up with a measure of inclusive growth which is not associated with one of these drawbacks and (c) propound a measure of inclusiveness of growth which allows the researcher the room to partition an income-ordered population into blocks so that he/she can concentrate on inter-block inequality in growth rates of per capita income and neglect intra-block inequality (note that the formulation of this measure allows the researcher to partition the population into blocks in any way which he/she wants to) in growth rates of individual incomes. JEL Classification: D30, D31

Suggested Citation

  • Siddhartha Mitra, 2017. "A Note on Measuring Inclusive Growth and the Inclusiveness of Growth," South Asian Journal of Macroeconomics and Public Finance, , vol. 6(2), pages 194-208, December.
    • Handle: RePEc:sae:smppub:v:6:y:2017:i:2:p:194-208
    DOI: 10.1177/2277978717727168
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    References listed on IDEAS

    as
    1. Dollar, David & Kraay, Aart, 2002. "Growth Is Good for the Poor," Journal of Economic Growth, Springer, vol. 7(3), pages 195-225, September.
    2. Alejandro Ginspun, 2004. "Pro-poor growth: finding the Holy Grail," One Pager 6, International Policy Centre for Inclusive Growth.
    3. Ravallion, Martin & Chen, Shaohua, 2003. "Measuring pro-poor growth," Economics Letters, Elsevier, vol. 78(1), pages 93-99, January.
    4. Rahul Anand & Mr. Saurabh Mishra & Mr. Shanaka J Peiris, 2013. "Inclusive Growth: Measurement and Determinants," IMF Working Papers 2013/135, International Monetary Fund.
    5. repec:ebl:ecbull:v:30:y:2010:i:1:p:421-428 is not listed on IDEAS
    6. Rafael Ranieri & Raquel Almeida Ramos, 2013. "After All, What is Inclusive Growth?," One Pager 188, International Policy Centre for Inclusive Growth.
    7. Jacques Silber & Hyun Son, 2010. "On the link between the Bonferroni index and the measurement of inclusive growth," Economics Bulletin, AccessEcon, vol. 30(1), pages 421-428.
    8. Rauniyar, Ganesh P. & Kanbur, Ravi, 2010. "Inclusive Development: Two Papers on Conceptualization, Application, and the ADB Perspective," Working Papers 57036, Cornell University, Department of Applied Economics and Management.
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    Cited by:

    1. Whajah, Jennifer & Bokpin, Godfred A. & Kuttu, Saint, 2019. "Government size, public debt and inclusive growth in Africa," Research in International Business and Finance, Elsevier, vol. 49(C), pages 225-240.
    2. Suresh Chand Aggarwal, 2021. "Inclusiveness and the Progress of Indian States: Evidence from Inclusive Development Index Between 2011 and 2018," Indian Journal of Human Development, , vol. 15(2), pages 200-228, August.
    3. Suresh Chand Aggarwal, 2023. "How Inclusive Are Indian States: Evidence from Inclusive Development Index," Arthaniti: Journal of Economic Theory and Practice, , vol. 22(2), pages 151-180, December.

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    More about this item

    Keywords

    Inclusive growth; inclusiveness; partition; income-ordered population; inter-block inequality;
    All these keywords.

    JEL classification:

    • D30 - Microeconomics - - Distribution - - - General
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution

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