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The Five Layers of Affluence


  • Theil, Henri
  • Moss, Charles B.
  • Chen, Dongling


Using the Penn World Tables for 1950-1992, we summarize the gross domestic product development of 114 non-Communist countries by means of five regions: the North, the South (“down under†), tropical America plus southwest Asia, southeast Asia, and tropical Africa plus south-central Asia. This five-region classification accounts for >85% of the inequality among the 114 countries during 1961-1986.

Suggested Citation

  • Theil, Henri & Moss, Charles B. & Chen, Dongling, 2003. "The Five Layers of Affluence," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 35.
  • Handle: RePEc:ags:joaaec:43298

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