首页 | 本学科首页   官方微博 | 高级检索  
     


The Distributional Incidence of Growth: A Social Welfare Approach
Authors:Flaviana Palmisano  Vito Peragine
Affiliation:University of Bari
Abstract:This paper provides a normative framework for the assessment of the distributional incidence of growth. By removing the anonymity axiom, such framework is able to evaluate the individual income changes over time and the reshuffling of individuals along the income distribution that are determined by the pattern of income growth. We adopt a rank dependent social welfare function expressed in terms of initial rank and individual income change and we obtain partial and complete dominance conditions over different growth paths. These dominance conditions account for the different components determining the overall impact of growth, that is the size of growth and its vertical and horizontal incidence. We then provide an empirical application for Italy: this analysis shows the distributional impact of the recent economic crisis suffered by the Italian populaltion.
Keywords:D31  D63  D71  growth  income mobility  inequality  pro‐poor  social welfare
设为首页 | 免责声明 | 关于勤云 | 加入收藏

Copyright©北京勤云科技发展有限公司  京ICP备09084417号