Abstract

http://ssrn.com/abstract=228679
 
 

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Measuring the Evolution of Inequality in the Global Economy


James K. Galbraith


University of Texas at Austin - Lyndon B. Johnson School of Public Affairs; Levy Economics Institute of Bard College

Jiaqing "Jack" Lu


Intellectual Property Market Advisory Partners(IPMAP), LLC; affiliation not provided to SSRN

William A. Darity Jr.


University of North Carolina (UNC) at Chapel Hill - Department of Economics; Duke University - Department of Economics

January 1, 1999

INEQUALITY AND INDUSTRIAL CHANGE: A GLOBAL VIEW, Chapter 8, James K. Galbraith and Maureen Berner, eds., Cambridge University Press, 2001

Abstract:     
This paper provides a summary of information in the UTIP data set on the evolution of industrial earnings inequality in the global economy. At present the data set covers 66 countries, with annual observations going back to 1972 in most cases and to 1963 in many. Our measure of changing inequality, based on the group-wise decomposition of the Theil statistic across industrial categories, appears to be a sensitive barometer of political and economic conditions in many countries, and the percentage change in this index appears to be meaningfully comparable across countries. We also measure and detect regional patterns of similarity in the movement of inequality through time.

Number of Pages in PDF File: 15

JEL Classification: O15

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Date posted: June 14, 2000 ; Last revised: April 25, 2011

Suggested Citation

Galbraith, James K. and Lu, Jiaqing "Jack" and Darity, William A., Measuring the Evolution of Inequality in the Global Economy (January 1, 1999). INEQUALITY AND INDUSTRIAL CHANGE: A GLOBAL VIEW, Chapter 8, James K. Galbraith and Maureen Berner, eds., Cambridge University Press, 2001. Available at SSRN: http://ssrn.com/abstract=228679 or http://dx.doi.org/10.2139/ssrn.228679

Contact Information

James K. Galbraith
University of Texas at Austin - Lyndon B. Johnson School of Public Affairs ( email )
2300 Red River St., Stop E2700
PO Box Y
Austin, TX 78713
United States
512-471-1244 (Phone)
Levy Economics Institute of Bard College
Blithewood
Annandale-on-Hudson, NY 12504
United States
845-758-7700 (Phone)
845-758-1149 (Fax)
Jiaqing "Jack" Lu
Intellectual Property Market Advisory Partners(IPMAP), LLC ( email )
13785 Research Blvd,
Suite 125
Austin, TX 78750
United States
(512)238-3088 (Phone)
HOME PAGE: http://www.ipmapllc.com
affiliation not provided to SSRN
William A. Darity Jr. (Contact Author)
University of North Carolina (UNC) at Chapel Hill - Department of Economics ( email )
Chapel Hill, NC 27599
United States
919-966-5392 (Phone)
Duke University - Department of Economics ( email )
Durham, NC 27708-0204
United States
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