The Distributional Incidence of Growth: A Social Welfare Approach
Flaviana Palmisano and
Vito Peragine
Review of Income and Wealth, 2015, vol. 61, issue 3, 440-464
Abstract:
type="main">
This paper provides a normative framework for the assessment of the distributional incidence of growth. By removing the anonymity axiom, such framework is able to evaluate the individual income changes over time and the reshuffling of individuals along the income distribution that are determined by the pattern of income growth. We adopt a rank dependent social welfare function expressed in terms of initial rank and individual income change and we obtain partial and complete dominance conditions over different growth paths. These dominance conditions account for the different components determining the overall impact of growth, that is the size of growth and its vertical and horizontal incidence. We then provide an empirical application for Italy: this analysis shows the distributional impact of the recent economic crisis suffered by the Italian populaltion.
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (21)
Downloads: (external link)
http://hdl.handle.net/10.1111/roiw.12109 (text/html)
Access to full text is restricted to subscribers.
Related works:
Working Paper: The distributional incidence of growth: a social welfare approach (2015) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:bla:revinw:v:61:y:2015:i:3:p:440-464
Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0034-6586
Access Statistics for this article
Review of Income and Wealth is currently edited by Conchita D'Ambrosio and Robert J. Hill
More articles in Review of Income and Wealth from International Association for Research in Income and Wealth Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().