A Human Capital Approach to Inequalities: The Case of the East Asian Miracle and India
The extraordinary growth and reduction in inequalities achieved between the mid-1960s and mid-1990s by the High Performing Asian Economies (HPAEs) â namely Hong Kong, the Republic of Korea, Singapore, Taiwan (collectively called "the four tigers"), Japan, China, Indonesia, Malaysia and Thailand â has been discussed at great length in the economic literature. However, no clear explanation has been suggested for the poor performance of other Asian economies, like India, which share the HPAEs geographical proximity and similar economic structures. This paper shows that the stark contrast between the high growth rates and declining income inequalities of HPAEs on one side, and low growth rates and stable (or rising) income inequalities of India and other Asian countries on the other side, may at least in part be explained by the different role that human capital has played in those economies between the mid-1960s and mid-1990s.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
When requesting a correction, please mention this item's handle: RePEc:mes:jeciss:v:43:y:2009:i:2:p:523-530. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ian Winship)or (Chris Nguyen)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.