Prices and inequalities in a developing economy: The case of India
研究了印度农村和城市地区相对价格变动对不同支出阶层消费支出的影响，发现价格上升对底层群体不利，名义不平等下降但实际不平等未改善，并识别出导致不平等恶化的关键商品类别。
This article examines the effects of relative price movements on the consumption expenditure distributions in rural and urban areas of India. The ‘true’ cost‐of‐living indices constructed for different expenditure classes have highlighted the uneven effects of price rises affecting the bottom classes more adversely than the top classes. While a declining trend is noticed in the relative inequality in nominal terms, real inequality does not decline. In turn, the inegalitarian bias due to relative price changes and the ‘strategic’ commodity groups causing such bias are identified. Cereals followed by other food items are traced to be the ‘strategic’ groups causing a regressive impact on the inequalities in both rural and urban areas.