Income Distribution and Structural Transformation: Empirical Evidence from Developed and Developing Countries
1
조회
0
다운로드
0
인용
0
참고문헌
키워드
초록
The process of structural transformation forms the very basis of economic growth and development. This paper analyses the implications of alternate patterns of structural change for changes in the overall distribution of income within an economy. An empirical analysis is carried out based on evidence from seventy-eight developing and transition economies and developed countries. The estimated results from a fixed effects panel data model, indicate the existence of substantial differences as well as important similarities between developed and developing country experience with respect to structural change and associated changes in income inequality.
Abstract
The process of structural transformation forms the very basis of economic growth and development. This paper analyses the implications of alternate patterns of structural change for changes in the overall distribution of income within an economy. An empirical analysis is carried out based on evidence from seventy-eight developing and transition economies and developed countries. The estimated results from a fixed effects panel data model, indicate the existence of substantial differences as well as important similarities between developed and developing country experience with respect to structural change and associated changes in income inequality.
참고문헌 (38)
- Acemoglu, D., "A Theory of Political Transitions", American Economic Review, 91(4), pp.938~963 (2001)
- Acemoglu, D., "The Political Economy of the Kuznets Curve", Review of Development Economics, 6(2), pp.183~203 (2002)
- Agenor, P., "The Labour Market and Economic Adjustment", IMF Staff Papers, 43(2), pp.261~335 (1996)
- Ahluwalia, M. S., "Inequality, Poverty and Development", Journal of Development Economics, 3(4), pp.307~342 (1976)
- Anand, S., "The Kuznets Process and the Inequality-Development Relationship", Journal of Development Economics, 40(1), pp.25~52 (1993)
- Journal of Economic Literature, "Promise and Pitfalls in the Use of “Secondary” Data-Sets: Income Inequality in OECD Countries as a Case Study", Journal of Economic Literature, 39(3), pp.771~799 (2001)
- Bourguignon, F., "Income Distribution, Development and Foreign Trade", European Economic Review, 34(6), pp.1113~1132 (1990)
- Bruno, M., "Income Distribution and High-Quality Growth", pp.117~146 (1998), MIT Press
- Chenery, H., "Patterns of Development, 1950-1970" (1975), Oxford University Press
- Chong, A., "Institutional Quality and Income Distribu- tion", Economic Development and Cultural Change, 48(4), pp.761~786 (2000)
- Cole, W., "Internal Migration and Urban Employment in the Third World", American Economic Review, 75(3), pp.481~494 (1985)
- Deininger, K., "A New Data Set Measuring Income Inequality", World Bank Economic Review, 10(3), pp.565~591 (1996)
- Deininger, K.., "New Ways of Looking at Old Issues: Inequality and Growth", Journal of Development Economics, 57(2), pp.259~287 (1998)
- Deininger, K.., "Unpublished Data Provided by World Bank Based on Unit Record Data", Cited in WIID 2007, ~ (2004)
- Gerxhani, K., "The Informal Sector in Developed and Less-Developed Countries: A Literature Survey", Public Choice, 120(3), pp.267~300 (2004)
- The Dynamics of Informal Employment, "Ihrig, J. E.", Federal Reserve Board, International Finance, ~, pp.Discussion Paper No. 664 (2000)
- ILO, "World Employment Report" (1995), ILO
- World Employment Report 1998-99, "ILO", ILO, ~ (1998)
- Jakobsson, A, "Trade Openness and Income Inequality", Department of Economics, pp.2006
- Jantti, M., "Trends in Income Inequality : A Critical Examination of the Evidence in WIID2" (2005), mimeo, Helsinki: UNU- WIDER
- Jha, S., "The Kuznets Curve: A Reassessment", World Development, 24(4), pp.773~780 (1996)
- Johnston, B. F., "Agriculture and Structural Transformation in Developing Countries: A Survey of Research", Journal of Economic Literature, 8(2), pp.369~404 (1970)
- Kanbur, R., "Income Distribution and Development, In Handbook of Income Distribution. Vol. 1", pp.791~841 (2000), North Holland
- Kocherlakota, N., "Inequality and Real Exchange Rates" (2008), mimeo
- Kuznets, S., "Economic Growth and Income Inequality", American Economic Review, 45(1), pp.1~28 (1955)
- Lacko, M., "Hidden Economy ― An Unknown Quantity? Comparative Analysis of Hidden Economies in Transition Countries in 1989- 95", Economies of Transtion, 8(1), pp.117~149 (2000)
- 이철희, "Changing Industrial Structure and Economic Activity of Older Males in Korea: 1980-2000", Seoul Journal of Economics, 17(2), pp.181~234 (2004), 경제연구소
- Marjit, S., "International Trade, Wage Inequality and the Developing Economy: A General Equilibrium Approach" (2003), Physica Verlag
- Nayyar, D., "International Labor Movements, Trade Flows and Migration Transitions: A Theoretical Perspective", Asian and Pacific Migration Journal, 3(1), pp.31~47 (1994)
- Ogwang, T., "Economic Development and Income Inequality: A Non- parametric Investigation of Kuznets’ U-Curve Hypothesis", Journal of Quantitative Economics, 10(1), pp.139~153 (1994)
- Papanek, G. F., "The Effect on Income Distribution of Development, the Growth Rate and Economic Strategy", Journal of Development Economics, 23(1), pp.55~65 (1986)
- Paukert, F., "Income Distribution at Different Levels of Development : A Survey of Evidence", International Labor Review, 108(2), pp.97~125 (1973)
- Ram, R., "Economic Development and Income Inequality: An Overlooked Regression Constraint", Economic Development and Cultural Change, 43(2), pp.425~434 (1995)
- Sundrum, R. M., "Income Distribution in Less Developed Countries" (1990), Routledge
- Trade and Development Report, "UNCTAD", UNCTAD, ~ (1988)
- WIID, "World Income Inequality Database : User Guide and Data Sources", UNU-WIDER, ~ (2007)
- Wooldridge, J. M, "Econometric Analysis of Cross Section and Panel Data" (2002), MIT Press
- World Bank, "World Development Indicators ― CD ROM" (2007), World Bank
