True world income distribution, 1988 and 1993: First calculation based on household surveys alo
Branko Milanovic
HEW from University Library of Munich, Germany
Abstract:
The paper derives world income or expenditure distribution of individuals for two years 1988 and 1993. It is the first paper to calculate world distribution for individuals based entirely on household survey data from 91 countries, and adjusted for differences in purchasing power parity between the countries. Measured by the Gini index, inequality increased from an already very high 63 in 1988 to 66 in 1993. The increase was driven more by rising differences in mean incomes between the countries than by rising inequalities within countries. The most important contributors were rising urban-rural differences in China, and slow growth of rural incomes in South Asia compared to several large developed market economies.
Keywords: Income inequality; world inequality; globalization (search for similar items in EconPapers)
JEL-codes: D31 I3 O57 (search for similar items in EconPapers)
Date: 2003-05-09
New Economics Papers: this item is included in nep-dev
Note: Type of Document - pdf; prepared on IBM PC ; to print on HP;
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Citations: View citations in EconPapers (32)
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https://econwpa.ub.uni-muenchen.de/econ-wp/hew/papers/0305/0305002.pdf (application/pdf)
Related works:
Journal Article: True World Income Distribution, 1988 and 1993: First Calculation Based on Household Surveys Alone (2002)
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwphe:0305002
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