Inequality adjusted growth rates in Latin America

Dados Bibliográficos

ID12913640
AutoresÁlvaro Angeriz (Queen Mary University of London), Philip Arestis (0000-0001-8729-4846, University of the Basque Country), P Chakravarty (0000-0002-4194-9381, Bangor University), S P Chakravarty
Ano2011
Volume4
Fascículo1
Páginas49-62
Data de publicação2011-01-25
Peer ReviewedSim
Open AccessNão
TipoARTICLE
PeriódicoCambridge Journal of Regions Economy and Society (JOURNAL)
Identificadores do periódicoISSN: 1752-1386 • E-ISSN: 1752-1378
EditoraOxford University Press (OUP) (PUBLISHER)
DOI10.1093/cjres/rsq035
OpenAlexW1998049579
IdiomaEN
Citações recebidas2
Referências citadas13

Doubts have been raised about the benefits to an economy with high rates of GDP growth without at the same time accounting for distributional effects. This difference arises from the emphasis by some on the mean income, while others are concerned with the distribution around the mean. This paper assesses the per capita income that would be needed, if income were equally distributed to reach the same level of welfare, which is available from current distribution of the per capita GDP. This approach allows for the combination of both growth and distribution in ranking the success of some Latin American countries in their attempt to raise the living standard of the population. Copyright 2010, Oxford University Press

Demographic economics · Development economics · Distribution (mathematics · Econometrics · Economic inequality · Economics · Gini coefficient · Income distribution · Inequality · Latin Americans · Per capita · Per capita income · Political science · Population · Ranking (information retrieval · Real gross domestic product · Standard of living · Welfare · Economic Theory and Policy · Income, Poverty, and Inequality · Mathematics · Sustainable Development and Environmental Policy · Demography