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Economic Growth and equality of opportunity

  • Peragine, Vito
  • Palmisano, Flaviana
  • Brunori, Paolo

The paper proposes an approach to understand the relationship between inequality and economic growth obtained by shifting the analysis from the space of final achievements to the space of opportunities. To this end, it introduces a formal framework based on the concept of the Opportunity Growth Incidence Curve. This framework can be used to evaluate the income dynamics of specific groups of the population and to infer the role of growth in the evolution of inequality of opportunity over time. The paper shows the relevance of the introduced framework by providing two empirical analyses, one for Italy and the other for Brazil. These analyses show the distributional impact of the recent growth experienced by Brazil and the recent crisis suffered by Italy from both the income inequality and opportunity inequality perspectives.

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Paper provided by The World Bank in its series Policy Research Working Paper Series with number 6599.

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Date of creation: 01 Sep 2013
Date of revision:
Handle: RePEc:wbk:wbrwps:6599
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  1. Laura Serlenga & Vito Peragine, 2007. "Higher education and equality of opportunity in Italy," Working Papers 79, ECINEQ, Society for the Study of Economic Inequality.
  2. Lefranc, A. & Pistolesi, Nicolas & Trannoy, Alain, 2005. "Inequality of opportunities vs inequality of outcomes: are western societies all alike?," ISER Working Paper Series 2005-15, Institute for Social and Economic Research.
  3. Vito Peragine & Flaviana Palmisano & Paolo Brunori, 2011. "Economic growth and equality of opportunity," Working Papers 232, ECINEQ, Society for the Study of Economic Inequality.
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  26. Vitorocco Peragine, . "Measuring and Implementing Equality of Opportunity for Income," Discussion Papers 98/11, Department of Economics, University of York.
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  29. Francisco H. G. Ferreira & Jérémie Gignoux, 2011. "The Measurement Of Inequality Of Opportunity: Theory And An Application To Latin America," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 57(4), pages 622-657, December.
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  39. repec:dau:papers:123456789/1552 is not listed on IDEAS
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