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Wiley InterScience | |||
![]() The Economic JournalVolume 112 Issue 476, Pages 51 - 92 Published Online: 19 Mar 2002 Journal compilation © 2010 by the Royal Economic Society (Registered Charity No. 231508) Published on behalf of the Royal Economic Society
Abstract | References | Full Text: HTML, PDF (Size: 510K) | Related Articles | Citation Tracking Copyright Royal Economic Society 2002 ABSTRACTThe paper derives world income or expenditure distribution of individuals for 1988 and 1993. It is the first paper to calculate world distribution for individuals based entirely on household surveys from 91 countries, and adjusted for differences in purchasing power parity between countries. Measured by the Gini index, inequality increased from 63 in 1988 to 66 in 1993. The increase was driven more by differences in mean incomes between countries than by 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 economies. Date of receipt of the first submission: April 2000 Date of receipt of the final transcript: April 2001 |