A Note on Measuring Inclusive Growth and the Inclusiveness of Growth

Siddhartha Mitra

South Asian Journal of Macroeconomics and Public Finance, 2017, vol. 6, issue 2, 194-208

Abstract: This article makes three basic contributions: (a) review an already existing measure of ‘inclusive growth’ derived from a measure of inclusiveness (an increase which is assumed to be associated with inclusive growth) and show that this is one among a class of an infinite number of possible measures; (b) identify two drawbacks associated with the class of measures of ‘inclusive growth’ mentioned in (a) and come up with a measure of inclusive growth which is not associated with one of these drawbacks and (c) propound a measure of inclusiveness of growth which allows the researcher the room to partition an income-ordered population into blocks so that he/she can concentrate on inter-block inequality in growth rates of per capita income and neglect intra-block inequality (note that the formulation of this measure allows the researcher to partition the population into blocks in any way which he/she wants to) in growth rates of individual incomes. JEL Classification: D30, D31

Keywords: Inclusive growth; inclusiveness; partition; income-ordered population; inter-block inequality (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:sae:smppub:v:6:y:2017:i:2:p:194-208

DOI: 10.1177/2277978717727168

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