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Well-being Inequality in the Long Run

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  • Prados de la Escosura, Leandro

Abstract

This paper provides a long-run view of well-being inequality at world scale based on a new historical dataset. Trends in social dimensions alter the view on inequality derived from per capita GDP. While in terms of income, inequality increased until the third quarter of the twentieth century; in terms of well-being, inequality fell steadily since World War I. The spread of mass primary education and the health transitions were its main drivers. The gap between the West and the Rest explains only partially the evolution of well-being inequality, as the dispersion within the developing regions has increasingly determined its evolution.

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  • Prados de la Escosura, Leandro, 2018. "Well-being Inequality in the Long Run," CEPR Discussion Papers 12920, C.E.P.R. Discussion Papers.
    • Handle: RePEc:cpr:ceprdp:12920
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    1. Rory Horner & David Hulme, 2019. "Global Development, Converging Divergence and Development Studies: A Rejoinder," Development and Change, International Institute of Social Studies, vol. 50(2), pages 495-510, March.
    2. Nicola Amendola & Giacomo Gabbuti & Giovanni Vecchi, 2023. "On some problems of using the Human Development Index in economic history," European Review of Economic History, European Historical Economics Society, vol. 27(4), pages 477-505.
    3. Prados de la Escosura, Leandro & Cha, Myung Soo, "undated". "Living Standards, Inequality, and Human Development since 1870 : a Review of Evidence," IFCS - Working Papers in Economic History.WH 28438, Universidad Carlos III de Madrid. Instituto Figuerola.

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    More about this item

    Keywords

    Well-being; Inequality; Life expectancy; Health transition; Education; Per capita gdp;
    All these keywords.

    JEL classification:

    • I00 - Health, Education, and Welfare - - General - - - General
    • N30 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - General, International, or Comparative
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O50 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - General

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