Pre‐Industrial Inequality
Bibliographic Data
| ID | 9714675 |
|---|---|
| Authors | Branko Milanovic (0000-0002-7906-5696, World Bank and University of Maryland), Peter H Lindert (University of California, Davis), Jeffrey G Williamson (Harvard University and University of Wisconsin) |
| Year | 2011 |
| Volume | 121 |
| Issue | 551 |
| Pages | 255-272 |
| Publication date | 2011-03-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Economic Journal (JOURNAL) |
| Journal identifiers | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Publisher | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.1111/j.1468-0297.2010.02403.x |
| OpenAlex | W2168134172 |
| Language | EN |
| Citations received | 141 |
| References cited | 45 |
Is inequality largely the result of the Industrial Revolution? Or, were pre‐industrial incomes as unequal as they are today? This article infers inequality across individuals within each of the 28 pre‐industrial societies, for which data were available, using what are known as social tables. It applies two new concepts: the inequality possibility frontier and the inequality extraction ratio. They compare the observed income inequality to the maximum feasible inequality that, at a given level of income, might have been 'extracted' by those in power. The results give new insights into the connection between inequality and economic development in the very long run
Econometrics · Economic inequality · Economics · Frontier · Income inequality metrics · Industrial Revolution · Inequality · Political science · Power (physics · Social inequality · Culture, Economy, and Development Studies · Historical Economic and Social Studies · Income, Poverty, and Inequality · Mathematics
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| Unique citing works | 141 |
|---|---|
| Citations per year | 7,42 |
| Citation span | 2007 - 2026 (20) |
| Citation velocity | current |
| Highly cited | Yes |
| Citation types | Neutral: 139 |