Assessing Inequality in the Presence of Growth: An Expository Essay
S. Subramanian ()
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S. Subramanian: Independent Scholar
Chapter Chapter 13 in Social Values and Social Indicators, 2021, pp 155-177 from Springer
Abstract:
Abstract In a great deal of empirical work on distributional analysis, the only sorts of inequality measures employed are ‘relative’ ones. The present paper argues the case for a more plural approach to inequality measurement, in which both ‘absolute’ and ‘intermediate’ conceptualizations of inequality are admitted. In particular, it is suggested that there is a strong case for the employment of intermediate measures of inequality in assessing over-time changes in inequality and, through that route, the inclusiveness or otherwise of the process of growth in per capita income. The purpose of the paper is twofold: exposition and persuasion.
Keywords: Inclusive growth; Relative Lorenz curve; Absolute Lorenz curve; Intermediate Gini coefficient; Krtscha index (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:thechp:978-981-16-0428-7_13
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DOI: 10.1007/978-981-16-0428-7_13
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