Regional Income Inequality in Spain 1860–2015
Alfonso Díez-Minguela,
Julio Martinez-Galarraga and
Daniel Tirado-Fabregat
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Alfonso Díez-Minguela: University of València
Julio Martinez-Galarraga: University of València
Authors registered in the RePEc Author Service: Alfonso Díez Minguela ()
Chapter 4 in Regional Inequality in Spain, 2018, pp 81-103 from Palgrave Macmillan
Abstract:
Abstract How has regional economic inequality evolved since 1860? Is there a relationship between initial per-capita income and regional growth rates? Is there any relation between the evolution of regional inequality and the economic development process in Spain? In order to answer these questions, a number of different indicators of inequality are offered in this chapter. Then the patterns of convergence or divergence followed by Spanish regions from the mid-nineteenth century to the present are studied. Regional income inequality rose in the early stages of economic development and then declined. However, with high levels of development, around the 1980s, a change of trend is observed. In other words, over the very long term the inverted U-shape has turned into a curve in the shape of an elephant.
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palscp:978-3-319-96110-1_4
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DOI: 10.1007/978-3-319-96110-1_4
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