When did Latin America fall behind? : evidence from long-run international inequality

Prados de la Escosura, Leandro

Publication:
When did Latin America fall behind? : evidence from long-run international inequality

dc.affiliation.instituto	UC3M. Instituto Figuerola de Historia y Ciencias Sociales	es
dc.contributor.author	Prados de la Escosura, Leandro
dc.date.accessioned	2006-11-09T12:25:00Z
dc.date.available	2006-11-09T12:25:00Z
dc.date.issued	2004-12
dc.description.abstract	When did Latin America fall behind?. Has the gap between developed countries and Latin America widened over time?. This paper addresses these recurrent questions with the tools provided by the inequality literature. Long-run inter-country inequality is assessed in terms of real (purchasing power-adjusted) GDP per head and of an 'improved' human development index as an indicator of welfare for present-day OECD and Latin America. A long term rise in income inequality is observed for this sample of countries with the deepening gap between OECD and Latin America as its main determinant. Contrary to a widespread view, in terms of income, Latin America fell behind in the late twentieth century. Inequality in terms of human development declined over time, but the gap between OECD and Latin America remained largely unchanged.
dc.format.extent	347258 bytes
dc.format.mimetype	application/pdf
dc.identifier.repec	wh046604
dc.identifier.uri	https://hdl.handle.net/10016/413
dc.language.iso	eng
dc.language.iso	eng
dc.relation.ispartofseries	UC3M Working Papers. Economic History and Institutions
dc.relation.ispartofseries	2004-04
dc.rights	Atribución-NoComercial-SinDerivadas 3.0 España
dc.rights.accessRights	open access
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject.eciencia	Historia
dc.subject.eciencia	Economía
dc.title	When did Latin America fall behind? : evidence from long-run international inequality
dc.type	working paper	*
dspace.entity.type	Publication