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Which Tail Matters? Inequality and Growth in Brazil
https://doi.org/10.24545/00001577
https://doi.org/10.24545/00001577c9d3b8fc-6ba6-4905-9808-5a959558e3c2
| 名前 / ファイル | ライセンス | アクション |
|---|---|---|
DP17-08.pdf (474.4 kB)
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| Item type | ディスカッションペーパー / Discussion Paper(1) | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 公開日 | 2017-09-26 | |||||||||
| タイトル | ||||||||||
| タイトル | Which Tail Matters? Inequality and Growth in Brazil | |||||||||
| 言語 | en | |||||||||
| 言語 | ||||||||||
| 言語 | eng | |||||||||
| キーワード | ||||||||||
| 主題Scheme | Other | |||||||||
| 主題 | Income inequality | |||||||||
| キーワード | ||||||||||
| 主題Scheme | Other | |||||||||
| 主題 | economic growth | |||||||||
| 資源タイプ | ||||||||||
| 資源タイプ | technical report | |||||||||
| ID登録 | ||||||||||
| ID登録 (DOI) | 10.24545/00001577 | |||||||||
| ID登録タイプ | JaLC | |||||||||
| 著者 |
LITSCHIG, Stephan
× LITSCHIG, Stephan
× LOMBARDI, María
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| 著者所属 | ||||||||||
| 値 | 政策研究大学院大学 / National Graduate Institute for Policy Studies | |||||||||
| 著者所属 | ||||||||||
| 値 | University of Gothenburg | |||||||||
| 抄録 | ||||||||||
| 内容記述タイプ | Abstract | |||||||||
| 内容記述 | We estimate the effect of initial income inequality on subsequent income per capita growth using sub-national data from Brazil over the period 1970-2000. Holding initial income per capita and standard confounders constant, we find that places with higher initial inequality exhibit higher subsequent growth. This effect is entirely driven by the lower tail of the initial income distribution: compared to more equal places, sub-national units with a higher share of income going to the middle quintile at the expense of the bottom quintile grow more rapidly, while places with a higher share of income going to the top quintile at the expense of the middle quintile get no growth boost at all. We document that both physical and human capital accumulation in places with higher inequality in the lower tail of the initial income distribution outpace capital accumulation in more equal places, while inequality in the upper tail of the distribution is uncorrelated with subsequent physical or human capital growth. These results are consistent with theories on credit constraints and setup costs for human and physical capital investments. | |||||||||
| 内容記述 | ||||||||||
| 内容記述タイプ | Other | |||||||||
| 内容記述 | JEL Classification Codes: D3, O1, O4 | |||||||||
| 発行年 | ||||||||||
| 値 | 2017-09 | |||||||||
| 書誌情報 |
en : GRIPS Discussion Papers Report No. DP17-08, 発行日 2017-09-26 |
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| 出版者 | ||||||||||
| 出版者 | GRIPS Policy Research Center | |||||||||
| 言語 | en | |||||||||
| 著者情報 | ||||||||||
| 内容記述タイプ | Other | |||||||||
| 内容記述 | https://www.grips.ac.jp/list/jp/facultyinfo/litschig-stephan/ | |||||||||
| 内容注記 | ||||||||||
| 内容記述タイプ | Other | |||||||||
| 内容記述 | Revised to: March, 2019 [18-23] http://doi.org/10.24545/00001663 | http://doi.org/10.24545/00001663 | |||||||||
| 著者版フラグ | ||||||||||
| 出版タイプ | AM | |||||||||
| 出版タイプResource | http://purl.org/coar/version/c_ab4af688f83e57aa | |||||||||
