Decomposing Global Inequality
Journal article, Peer reviewed
Accepted version
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Date
2017-08-25Metadata
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Original version
Modalsli, J. (2017), Decomposing Global Inequality. Review of Income and Wealth, 63 (3): 445-463. https://doi.org/10.1111/roiw.12230Abstract
This paper provides an intuitive additive decomposition of the global income Gini coefficient with respect to differences within and between countries. In 2005, nearly half the total global income inequality is due to income differences between Europeans and North Americans on the one side and inhabitants of Asia on the other, with the China‐USA income differences alone accounting for six percent of global inequality. Historically, income differences between Asia and Europe have driven a large part of global inequality, but the quantitative importance of within‐Asia income inequality has increased substantially since 1950.
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Self-archiving of the accepted version is subject to an embargo period of 24 months following publication of the final article. "This is the peer reviewed version of the following article: Modalsli, J. (2017), Decomposing Global Inequality. Review of Income and Wealth, 63 (3): 445-463., which has been published in final form at doi:10.1111/roiw.12230. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Use of Self-Archived Versions."