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  • 1
    Sprache: Englisch
    Seiten: 1 Online-Ressource (34 pages)
    Paralleltitel: Erscheint auch als Bussolo, Maurizio (Perceptions of) Inequality, Demand for Redistribution, and Group-Specific Public Goods: A Survey Experiment in India
    Schlagwort(e): Biased Perceptions ; Community ; Distribution ; Income ; Inequality ; Living Standards ; Macroeconomics and Economic Growth ; Personal Wealth ; Poverty Reduction ; Public Goods ; Redistribution
    Kurzfassung: This paper uses data from a survey of 116,061 households in India to study people's beliefs about inequality and demand for redistribution. The findings show that a household's beliefs about inequality, implied by the perception of their position on the income distribution, is negatively correlated with support for reducing inequality. This is relevant since there are significant differences between where individuals believe their household stands and their actual position, with the gap between perceived and actual position exceeding two deciles on average. Despite these large differences, informing individuals of their household's position on the income distribution has no discernible effect on support for reducing inequality. The paper posits that demand for redistribution may be unresponsive to this information because it is based on exclusively on household's income and does not account for the sharing of resources within communities. In communities where group-specific public goods, such as religious and social goods, are present, class antagonism and redistribution are mitigated by community solidarity. Households benefit from these goods, and such benefits alter the individuals' beliefs of inequality. Consistent with this prediction, the average individual perceives their household as richer in districts with a greater supply of religious or social goods. The sharing of resources within religious or ethnic groups can shape perceptions of the income distribution and reduce support for redistribution within these groups, and thus requires serious consideration in studies of inequality
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  • 2
    Sprache: Englisch
    Seiten: Online-Ressource (1 online resource (33 p.))
    Ausgabe: Online-Ausg. World Bank E-Library Archive
    Paralleltitel: Bussolo, Maurizio Global Growth And Distribution
    Schlagwort(e): Development Economics ; Economic Theory and Research ; Emerging Markets ; General Equilibrium Model ; Growth Rates ; High Growth ; Income ; Income Distribution ; Incomes ; Inequality ; Inequality ; Macroeconomics and Economic Growth ; Middle Class ; Policy Research ; Poverty Reduction ; Private Sector Development ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Development Economics ; Economic Theory and Research ; Emerging Markets ; General Equilibrium Model ; Growth Rates ; High Growth ; Income ; Income Distribution ; Incomes ; Inequality ; Inequality ; Macroeconomics and Economic Growth ; Middle Class ; Policy Research ; Poverty Reduction ; Private Sector Development ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction ; Development Economics ; Economic Theory and Research ; Emerging Markets ; General Equilibrium Model ; Growth Rates ; High Growth ; Income ; Income Distribution ; Incomes ; Inequality ; Inequality ; Macroeconomics and Economic Growth ; Middle Class ; Policy Research ; Poverty Reduction ; Private Sector Development ; Pro-Poor Growth ; Rural Development ; Rural Poverty Reduction
    Kurzfassung: Over the past 20 years, aggregate measures of global inequality have changed little even if significant structural changes have been observed. High growth rates of China and India lifted millions out of poverty, while the stagnation in many African countries caused them to fall behind. Using the World Bank's LINKAGE global general equilibrium model and the newly developed Global Income Distribution Dynamics (GIDD) tool, this paper assesses the distribution and poverty effects of a scenario where these trends continue in the future. Even by anticipating a deceleration, growth in China and India is a key force behind the expected convergence of per-capita incomes at the global level. Millions of Chinese and Indian consumers will enter into a rapidly emerging global middle class-a group of people who can afford, and demand access to, the standards of living previously reserved mainly for the residents of developed countries. Notwithstanding these positive developments, fast growth is often characterized by high urbanization and growing demand for skills, both of which result in widening of income distribution within countries. These opposing distributional effects highlight the importance of analyzing global disparities by taking into account - as the GIDD does - income dynamics between and within countries
    URL: Volltext  (Deutschlandweit zugänglich)
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