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Trends In Income Distribution

Author

Listed:
  • Lucian-Liviu ALBU

    () (Institute of Economic Forecasting - Romanian Academy)

Abstract

In modern society the income distribution is one of the major problems. Usually, it is considered that a severe polarisation in matter of income per capita could have a major negative impact on the general process of economic development. This study is focussing on estimating dynamics of some concentration indicators in Romania for the last period. We are using available data at two levels, namely income distribution by deciles and by regions, respectively (NUTS 2, according to the EU classification). The results show different trends in the two cases. Moreover, the impact of the crisis on the income distribution is evaluated and some conclusions are derived from the study.

Suggested Citation

  • Lucian-Liviu ALBU, 2012. "Trends In Income Distribution," Romanian Journal of Economics, Institute of National Economy, vol. 35(2(44)), pages 33-44, December.
  • Handle: RePEc:ine:journl:v:2:y:2012:i:44:p:33-44
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    File URL: http://www.revecon.ro/articles/2012-2/2012-2-3.pdf
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    References listed on IDEAS

    as
    1. Iancu, Aurel, 2008. "Real Convergence and Integration," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 5(1), pages 27-40, March.
    2. Xavier Sala-i-Martin, 2001. "The disturbing 'rise' of global income inequality," Economics Working Papers 616, Department of Economics and Business, Universitat Pompeu Fabra, revised Apr 2002.
    3. Iancu, Aurel, 2010. "Transition, Integration And Convergence - The Case Of Romania -," Working Papers of National Institute of Economic Research 101222, National Institute of Economic Research.
    4. Albu, Lucian Liviu, 2012. "The Convergence Process in the EU Estimated by Gini Coefficients," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(4), pages 5-16, December.
    5. Quah, Danny T., 1996. "Empirics for economic growth and convergence," European Economic Review, Elsevier, vol. 40(6), pages 1353-1375, June.
    6. Gastwirth, Joseph L, 1972. "The Estimation of the Lorenz Curve and Gini Index," The Review of Economics and Statistics, MIT Press, vol. 54(3), pages 306-316, August.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Piekut Marlena, 2015. "The Rich North-west, The Poor Middle-east – Consumption In EU Households," Comparative Economic Research, De Gruyter Open, vol. 18(1), pages 43-63, March.

    More about this item

    Keywords

    income distribution; Lorenz curve; Gini coefficient; lognormal distribution;

    JEL classification:

    • C82 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access
    • E25 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Aggregate Factor Income Distribution
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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