Global Income Distributions and Inequality, 1993 and 2000: Incorporating Country-Level Inequality Modeled with Beta Distributions

A-Tier
Journal: Review of Economics and Statistics
Year: 2012
Volume: 94
Issue: 1
Pages: 52-73

Authors (4)

Duangkamon Chotikapanich (not in RePEc) William E. Griffiths (University of Melbourne) D. S. Prasada Rao (University of Queensland) Vicar Valencia (not in RePEc)

Score contribution per author:

1.005 = (α=2.01 / 4 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Using a method-of-moments estimator, flexible three-parameter beta distributions are fitted to aggregate country-level income data to overcome an untenable assumption of previous studies that persons within each income group receive the same income. Regional and global income distributions are derived as weighted mixtures of country-specific distributions. Analytical expressions for Gini and Theil's measures of inequality at country, regional, and global levels are derived in terms of the parameters of the beta distributions. Application to data for 91 countries in 1993 and 2000 reveals a high degree of global inequality, with evidence of declining inequality, largely attributable to growth in China. © 2011 The President and Fellows of Harvard College and the Massachusetts Institute of Technology.

Technical Details

RePEc Handle
repec:tpr:restat:v:94:y:2012:i:1:p:52-73
Journal Field
General
Author Count
4
Added to Database
2026-01-25