True World Income Distribution, 1988 and 1993: First Calculations, Based on Household Surveys Alone
Inequality in world income is very high, according to household surveys, more because of differences between mean country incomes than because of inequality within countries. World inequality increased between 1988 and 1993, driven by slower growth in rural per capita incomes in populous Asian count...
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Format: | Elektronisch E-Book |
Sprache: | English |
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Washington, D.C
The World Bank
1999
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Online-Zugang: | BSB01 EUV01 HTW01 FHI01 IOS01 Volltext |
Zusammenfassung: | Inequality in world income is very high, according to household surveys, more because of differences between mean country incomes than because of inequality within countries. World inequality increased between 1988 and 1993, driven by slower growth in rural per capita incomes in populous Asian countries (Bangladesh, China, and India) than in large, rich OECD countries, and by increasing income differences between urban China on the one hand and rural China and rural India on the other. - Milanovic derives the distribution of individuals' income or expenditures for two years, 1988 and 1993. His is the first paper to calculate world distribution for individuals based entirely on data from household surveys. The data, from 91 countries, are adjusted for differences in purchasing power parity between the countries. Measured by the Gini index, inequality increased from an already high 63 in 1988 to 66 in 1993. This increase was driven more by rising differences in mean incomes between countries than by rising inequalities within countries. Contributing most to the inequality were rising urban-rural differences in China and the slower growth of rural purchasing-power-adjusted incomes in South Asia than in several large developed market economies. This paper - a product of Poverty and Human Resources, Development Research Group - is part of a larger effort in the group to study inequality and poverty in the world. Also published in The Economic Journal, January 2002 pp. 51-92 The author may be contacted at bmilanovic@worldbank.org |
Beschreibung: | 1 Online-Ressource (70 Seiten)) |
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520 | 3 | |a Inequality in world income is very high, according to household surveys, more because of differences between mean country incomes than because of inequality within countries. World inequality increased between 1988 and 1993, driven by slower growth in rural per capita incomes in populous Asian countries (Bangladesh, China, and India) than in large, rich OECD countries, and by increasing income differences between urban China on the one hand and rural China and rural India on the other. - Milanovic derives the distribution of individuals' income or expenditures for two years, 1988 and 1993. His is the first paper to calculate world distribution for individuals based entirely on data from household surveys. The data, from 91 countries, are adjusted for differences in purchasing power parity between the countries. Measured by the Gini index, inequality increased from an already high 63 in 1988 to 66 in 1993. This increase was driven more by rising differences in mean incomes between countries than by rising inequalities within countries. Contributing most to the inequality were rising urban-rural differences in China and the slower growth of rural purchasing-power-adjusted incomes in South Asia than in several large developed market economies. This paper - a product of Poverty and Human Resources, Development Research Group - is part of a larger effort in the group to study inequality and poverty in the world. Also published in The Economic Journal, January 2002 pp. 51-92 The author may be contacted at bmilanovic@worldbank.org | |
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spelling | Milanovic, Branko Verfasser aut True World Income Distribution, 1988 and 1993 First Calculations, Based on Household Surveys Alone Milanovic, Branko Washington, D.C The World Bank 1999 1 Online-Ressource (70 Seiten)) txt rdacontent c rdamedia cr rdacarrier Inequality in world income is very high, according to household surveys, more because of differences between mean country incomes than because of inequality within countries. World inequality increased between 1988 and 1993, driven by slower growth in rural per capita incomes in populous Asian countries (Bangladesh, China, and India) than in large, rich OECD countries, and by increasing income differences between urban China on the one hand and rural China and rural India on the other. - Milanovic derives the distribution of individuals' income or expenditures for two years, 1988 and 1993. His is the first paper to calculate world distribution for individuals based entirely on data from household surveys. The data, from 91 countries, are adjusted for differences in purchasing power parity between the countries. Measured by the Gini index, inequality increased from an already high 63 in 1988 to 66 in 1993. This increase was driven more by rising differences in mean incomes between countries than by rising inequalities within countries. Contributing most to the inequality were rising urban-rural differences in China and the slower growth of rural purchasing-power-adjusted incomes in South Asia than in several large developed market economies. This paper - a product of Poverty and Human Resources, Development Research Group - is part of a larger effort in the group to study inequality and poverty in the world. Also published in The Economic Journal, January 2002 pp. 51-92 The author may be contacted at bmilanovic@worldbank.org Online-Ausg Consumption Economic Theory Economic Theory and Research Emerging Markets Finance and Financial Sector Development Financial Literacy Growth Models Health Systems Development and Reform Health, Nutrition and Population Household Income Household Surveys Income Income Differences Income Distribution Income Distribution Data Income Inequality Increasing Inequality Inequality Macroeconomics Macroeconomics and Economic Growth Mean Incomes Median Voter Median Voter Hypothesis Personal Income Political Economy Poverty Diagnostics Poverty Impact Evaluation Poverty Reduction Power Parity Private Sector Development Rising Inequality Rural Development Rural Poverty Reduction Services and Transfers to Poor Social Protections and Labor Milanovic, Branko Sonstige oth Milanovic, Branko True World Income Distribution, 1988 and 1993 http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-2244 Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Milanovic, Branko True World Income Distribution, 1988 and 1993 First Calculations, Based on Household Surveys Alone Consumption Economic Theory Economic Theory and Research Emerging Markets Finance and Financial Sector Development Financial Literacy Growth Models Health Systems Development and Reform Health, Nutrition and Population Household Income Household Surveys Income Income Differences Income Distribution Income Distribution Data Income Inequality Increasing Inequality Inequality Macroeconomics Macroeconomics and Economic Growth Mean Incomes Median Voter Median Voter Hypothesis Personal Income Political Economy Poverty Diagnostics Poverty Impact Evaluation Poverty Reduction Power Parity Private Sector Development Rising Inequality Rural Development Rural Poverty Reduction Services and Transfers to Poor Social Protections and Labor |
title | True World Income Distribution, 1988 and 1993 First Calculations, Based on Household Surveys Alone |
title_auth | True World Income Distribution, 1988 and 1993 First Calculations, Based on Household Surveys Alone |
title_exact_search | True World Income Distribution, 1988 and 1993 First Calculations, Based on Household Surveys Alone |
title_exact_search_txtP | True World Income Distribution, 1988 and 1993 First Calculations, Based on Household Surveys Alone |
title_full | True World Income Distribution, 1988 and 1993 First Calculations, Based on Household Surveys Alone Milanovic, Branko |
title_fullStr | True World Income Distribution, 1988 and 1993 First Calculations, Based on Household Surveys Alone Milanovic, Branko |
title_full_unstemmed | True World Income Distribution, 1988 and 1993 First Calculations, Based on Household Surveys Alone Milanovic, Branko |
title_short | True World Income Distribution, 1988 and 1993 |
title_sort | true world income distribution 1988 and 1993 first calculations based on household surveys alone |
title_sub | First Calculations, Based on Household Surveys Alone |
topic | Consumption Economic Theory Economic Theory and Research Emerging Markets Finance and Financial Sector Development Financial Literacy Growth Models Health Systems Development and Reform Health, Nutrition and Population Household Income Household Surveys Income Income Differences Income Distribution Income Distribution Data Income Inequality Increasing Inequality Inequality Macroeconomics Macroeconomics and Economic Growth Mean Incomes Median Voter Median Voter Hypothesis Personal Income Political Economy Poverty Diagnostics Poverty Impact Evaluation Poverty Reduction Power Parity Private Sector Development Rising Inequality Rural Development Rural Poverty Reduction Services and Transfers to Poor Social Protections and Labor |
topic_facet | Consumption Economic Theory Economic Theory and Research Emerging Markets Finance and Financial Sector Development Financial Literacy Growth Models Health Systems Development and Reform Health, Nutrition and Population Household Income Household Surveys Income Income Differences Income Distribution Income Distribution Data Income Inequality Increasing Inequality Inequality Macroeconomics Macroeconomics and Economic Growth Mean Incomes Median Voter Median Voter Hypothesis Personal Income Political Economy Poverty Diagnostics Poverty Impact Evaluation Poverty Reduction Power Parity Private Sector Development Rising Inequality Rural Development Rural Poverty Reduction Services and Transfers to Poor Social Protections and Labor |
url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-2244 |
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