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Growth, Inequality, and Social Welfare

Cross-Country Evidence

Bibliographic Data

ID19907526
AuthorsDavid Dollar (World Bank Group), Tatjana Kleineberg (World Bank Group), Aart Kraay (0000-0001-6521-3734, World Bank Group)
Year2014
Publication date2014-04-01
Open AccessYes
TypeBOOK
PublisherWorld Bank, Washington, DC (PUBLISHER)
DOI10.1596/1813-9450-6842
OpenAlexW3121780403
LanguageEN
Citations received2
References cited13

Social welfare functions that assign weights to individuals based on their income levels can be used to document the relative importance of growth and inequality changes for changes in social welfare. In a large panel of industrial and developing countries over the past 40 years, most of the cross-country and over-time variation in changes in social welfare is due to changes in average incomes. In contrast, the changes in inequality observed during this period are on average much smaller than changes in average incomes, are uncorrelated with changes in average incomes, and have contributed relatively little to changes in social welfare

Demographic economics · Development economics · Economics · Inequality · Labour economics · Market economy · Political science · Public economics · Social inequality · Social Welfare · Welfare · Fiscal Policy and Economic Growth · Income, Poverty, and Inequality · Mathematics · Sustainable Development and Environmental Policy

  • Shared Prosperity

    Open Access•Emanuela Galasso, Francisco H G Ferreira et al.•2018

  • Growth still is good for the poor

    Open Access•David Dollar, Tatjana Kleineberg et al.•European Economic Review•2016

  • Determinants of Long-Term Growth

    Xavier Sala-I-Martín, Gernot Doppelhofer et al.•American Economic Review•2004

  • Growth is Good for the Poor

    Open Access•David Dollar, Aart Kraay•Journal of Economic Growth•2002

  • Data and Dogma

    Angus Deaton•The World Bank Research Observer•2005

  • Model uncertainty in cross‐country growth regressions

    Open Access•Carmen Fernandez, Eduardo Ley et al.•Journal of Applied Econometrics•2001

  • Beyond GDP? Welfare across Countries and Time

    Charles I Jones, Peter J Klenow et al.•American Economic Review•2016

  • Blunt Instruments

    Samuel Bazzi, Michael A Clemens•American Economic Journal…•2013

  • Rising Income Inequality

    Open Access•Florence Jaumotte, Subir Lall et al.•IMF Economic Review•2013

  • Growth Still is Good for the Poor

    Open Access•David Dollar, Tatjana Kleineberg et al.•2013

  • The Developing World is Poorer than We Thought, But No Less Successful in the Fight Against Poverty

    Shaohua Chen, Martin Ravallion•The Quarterly Journal of Economics•2010

  • Labour market institutions and income inequality

    Open Access•Daniele Checchi, Cecilia García-Peñalosa et al.•Economic Policy•2008

  • Top Incomes in the Long Run of History

    Anthony B Atkinson, Thomas Piketty et al.•Journal of Economic Literature•2011

  • When is growth pro-poor? Evidence from a panel of countries

    Open Access•Aart Kraay•Journal of Development Economics•2005

  • Ranking Income Distributions

    Anthony Shorrocks, Anthony F Shorrocks•Economica•1983

Unique citing works2
Citations per year0,2
Citation span2016 - 2018 (3)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 2

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