Income Inequality in India: Pre- and Post-Reform Periods
India witnessed a widening of income inequality during the phase of acceleration in economic growth in the post-reform period (1993-94 to 2004-05). This paper analyses the issue by using different types of inequality measurements like general entropy indices, kernel density graphs, percentile of inc...
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| Veröffentlicht in: | Economic and political weekly 2010-09, Vol.45 (37), p.45-55 |
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| description | India witnessed a widening of income inequality during the phase of acceleration in economic growth in the post-reform period (1993-94 to 2004-05). This paper analyses the issue by using different types of inequality measurements like general entropy indices, kernel density graphs, percentile of income graphs and field decomposition. It finds two major features of a rising inequality in urban areas: (a) even with a doubling of per capita consumption growth in the post-reform decade, the decline in poverty was less by a quarter compared to the pre-reform decade, and (b) in the post-reform period, the growth of the wage rate of regular workers was negative up to the 50th percentile of wage earnings, and beyond that point, wage rate growth turned positive and rose sharply to reach 5% per annum in highest quintile of wage earnings. |
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| identifier | ISSN: 0012-9976 |
| ispartof | Economic and political weekly, 2010-09, Vol.45 (37), p.45-55 |
| issn | 0012-9976 2349-8846 |
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| source | JSTOR Archive Collection A-Z Listing |
| subjects | Casual labor Consumer Price Index Consumption Earnings Economic growth Economic growth rate Economic models Economic reform Education Employment Equality GDP Graphs Gross Domestic Product Growth rate Income distribution Income inequality Informal economy Labor force Labor market Manual workers Rural areas Service industries Skills SPECIAL ARTICLES Urban areas Wage earners Wage rate Wage rates Wages Wages & salaries |
| title | Income Inequality in India: Pre- and Post-Reform Periods |
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