Poverty and Inequality in a Rapid Growth Economy: Chile 1990-96
用参数和非参数方法分析智利1990-1996年贫困与不平等的演变,发现经济增长贡献了85%以上的减贫,且高不平等并未降低福利,贫困持续下降而不平等保持稳定。
Using parametric and non-parametric methods this article examines the evolution of poverty and inequality in Chile between 1990 and 1996. This period is interesting because of the rapid growth exhibited by the Chilean economy. Using the Datt-Ravallion decomposition economic growth accounts for over 85 per cent of poverty reduction. The evidence suggests that the sustained level of high inequality is not necessarily associated with a lower welfare level. By comparing the evolution of poverty and inequality over time, we observe a continuous decrease in poverty, while inequality remains stable. This pattern has left everyone (both poor and rich individuals) better off.