1.

Record Nr.

UNINA9910812655303321

Autore

Das Monica

Titolo

Economic growth and income disparity in BRIC : theory and empirical evidence / / Monica Das, Skidmore College, USA, Sandwip Kumar Das, State University of New York, Albany, USA

Pubbl/distr/stampa

New Jersey : , : World Scientific, , [2014]

�2014

ISBN

981-4415-92-8

Descrizione fisica

1 online resource (xii, 153 pages)

Collana

Gale eBooks

Disciplina

339.2

Soggetti

Income distribution - Brazil

Income distribution - Russia (Federation)

Income distribution - India

Income distribution - China

Economic development - Brazil

Economic development - Russia (Federation)

Economic development - India

Economic development - China

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Contents; Preface; About the Authors; Chapter 1. Introduction: BRIC and the World Economy; Chapter 2. Political and Economic History of BRIC; 2.1 Brazil; 2.2 Russia; 2.3 India; 2.4 China; Chapter 3. Economic Growth, Income Inequality, and Poverty; 3.1 Growth Models and Growth-Inequality Relationship; 3.2 Inequality Measures; 3.3 Uniform Income Transfers; 3.4 Growth and Distribution; Proposition I; Proposition II; Proposition III; Proposition IV; Chapter 4. Descriptive Statistics and Basic Regression Estimates for BRIC; 4.1 India; 4.2 China; 4.3 Brazil; 4.4 Russia

Chapter 5. Growth and Inequality in BRIC: Econometric Estimation5.1 Estimation Method and Framework: The Varying Coefficient Model; 5.2 Framework, Data, and Results; 5.3 Case of India; 5.3.1. Discussion of results for India; 5.4 Case of China; 5.4.1. Discussion of results for China; 5.5 Case of Brazil; 5.5.1. Discussion of results for Brazil; 5.6



Case of Russia; 5.6.1. Discussion of results for Russia; 5.7 Regression with Low versus High Inequality Subgroups; 5.8 Regression with Low Growth versus High Growth Subgroups

5.9 Regression Results with Low Corruption versus High Corruption Subgroups5.10 Regression Results with Role of Government Spending; 5.10.1. Role of the government: India; 5.10.2. Role of government: China; 5.10.3. Role of the government: Brazil; 5.10.4. Role of the government: Russia; Bibliography; Index

Sommario/riassunto

The recent interest in the development processes of BRIC countries (Brazil, Russia, India and China) has been triggered by their high growth performance, but their political and social backgrounds are entirely different. This book traces the economic history of BRIC countries to understand their economic and social institutions. The only common theme in this growth story is the high levels of income disparities and poverty that are observed even during the high growth decades. In order to understand the interaction between economic growth, income inequality and poverty, the book develops a the