A Multi-Country Analysis of Achievements and Inequalities in Economic Growth and Standards of Living. Asian Development Review, Vol. 27(1), pp. 1-42
Son, Hyun H. | March 2010
Abstract
This paper compares achievements and inequalities in standards of living
across countries. Achievement is measured by an index constructed to reflect
greater achievement for an increase in the standard of living of a country
already at a high level of development compared to an equal increase in a
country starting from a lower base. The paper tests for the statistical
relationship between indicators of standards of living and per capita income
using data from 177 countries covering 2000–2007. It analyzes disparities
between countries of achievement in standards of living and explains
inequality in achievement in standards of living both within and between
regions. Furthermore, the paper estimates the number of years it will take for
different regions and selected Asian countries to catch up with the average
standard of living of the industrialized countries.
Citation
Son, Hyun H.. 2010. A Multi-Country Analysis of Achievements and Inequalities in Economic Growth and Standards of Living. Asian Development Review, Vol. 27(1), pp. 1-42. © Asian Development Bank. http://hdl.handle.net/11540/1673. License: CC BY 3.0 IGO.Citable URI
http://hdl.handle.net/11540/1673Metadata
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