Inequality in the distribution of personal income in the world: How it is changing and why
AbstractThe variance in the logarithms of per capita GDP in purchasing-power-parity prices increased in the world from 1960 to 1968 and decreased since the mid 1970s. In the later period the convergence in intercountry incomes more than offset any increase in within country inequality. Approximately two-thirds of this measure of world inequality is intercountry, three-tenths interhousehold within country inequality, and one-twentieth between gender differences in education. If China is excluded from the world sample, the decline in world inequality after 1975 is not evident. Measuring confidently trends in household and gender inequality will require much improved data.
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Bibliographic InfoArticle provided by Springer in its journal Journal of Population Economics.
Volume (Year): 11 (1998)
Issue (Month): 3 ()
Note: Received: 22 July 1997 / Accepted: 5 February 1998
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Other versions of this item:
- Schultz, T.P., 1998. "Inequality in the Distribution of Personal Income in the World: How It Is Changing and Why," Papers 784, Yale - Economic Growth Center.
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
- F02 - International Economics - - General - - - International Economic Order; Noneconomic International Organizations;; Economic Integration and Globalization: General
- J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
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