Cross-country convergence in income inequality

dc.contributor.advisor Dhongde, Shatakshee
dc.contributor.author Miao, Xing en_US
dc.contributor.committeeMember Johnson, Erik Paul
dc.contributor.committeeMember Li,Haizheng
dc.contributor.department Economics en_US
dc.date.accessioned 2013-01-17T21:53:41Z
dc.date.available 2013-01-17T21:53:41Z
dc.date.issued 2012-11-13 en_US
dc.description.abstract Neoclassical models imply convergence of the entire distribution, not just the mean income levels. In this paper, we analyze convergence in income inequality by using the considerably enlarged data bases, from the World Bank (Povcal) and the World Institute for Development Economic Research (WIDER). Convergence in gini indices of inequality is tested across 55 countries. We consider three sample subsets; one for the developing countries, second of the developed countries and third with all countries together. We test for convergence in gini indices over a period of 5, 10, 15, 20 and 25 years. Additionally we use cross-section (OLS),panel (GMM) and a novel OLS estimation methods. Our results uniformly indicate that inequality levels among developing countries converged. Evidence of convergence is weaker among developed countries. Developing countries appear to converge faster than developed countries. en_US
dc.description.degree MS en_US
dc.identifier.uri http://hdl.handle.net/1853/45884
dc.publisher Georgia Institute of Technology en_US
dc.subject GMM en_US
dc.subject OLS en_US
dc.subject.lcsh Income distribution
dc.subject.lcsh Convergence (Economics)
dc.subject.lcsh Economics
dc.title Cross-country convergence in income inequality en_US
dc.type Text
dc.type.genre Thesis
dspace.entity.type Publication
local.contributor.advisor Dhongde, Shatakshee
local.contributor.corporatename School of Economics
local.contributor.corporatename Ivan Allen College of Liberal Arts
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