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The Five Layers of Affluence

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

Abstract

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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    File URL: http://purl.umn.edu/43298
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    References listed on IDEAS

    as
    1. Seale, James Jr. & Walker, Wayne E. & Kim, In-Moo, 1991. "The demand for energy : Cross-country evidence using the Florida model," Energy Economics, Elsevier, vol. 13(1), pages 33-40, January.
    2. Seale, James & Regmi, Anita & Bernstein, Jason, 2003. "International Evidence on Food Consumption Patterns," Technical Bulletins 184321, United States Department of Agriculture, Economic Research Service.
    3. Theil, Henri & Finke, Renate & Flood, Lennart R., 1984. "Minimum information estimation of allocation models," Economics Letters, Elsevier, vol. 15(3-4), pages 251-256.
    4. Finke, Renate & Theil, Henri, 1984. "An extended version of minimum information estimation of allocation models," Economics Letters, Elsevier, vol. 15(3-4), pages 229-233.
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