Global Income Inequality in Developing and Less Developed Countries

The purpose of this study is to analyze global income inequalities by examining neo‐classical, dependency, and statist analyses. The present study utilizes both cross‐sectional and longitudinal analyses for developing and less developed countries for the time frames of the 1970s and 1990s. The cross‐sectional analyses tend to suggest that while the level of economic development partially affects income distribution, structural constraint of land tenure offers a greater explanation. The longitudinal analyses suggest that changes in income inequality are best explained by the nature and policies of the state in question.