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1 Gini Coefficient vs Economic Growth Gaetan Lion April 5, 2012

Gini coefficient vs economic growth

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A quick review of various data sets exploring the relationship between income inequality through the Gini coefficient vs economic growth.

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Gini Coefficient vs Economic Growth

Gaetan Lion

April 5, 2012

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Gini Coefficient

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Gini Coefficient

Unequal income distribution

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World Gini Coefficient

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World Gini Coefficient (in color)

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Gini Coefficient within US

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US Gini Coefficient vs Other Countries

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Level of income inequality (Gini coefficient) among OECD countries (2005–08) and Australian states (2009–10)

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Robert Barro’s Study Fig. 1

Overall, there is no relationship between the Gini coefficient and economic growth.

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Robert Barro’s Study Fig. 2

There is a negative relationship between Gini coefficient and economic growth for developing countries.

There is a somewhat positive relationship between Gini coefficient and economic growth for developed countries.

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Different data set supporting Barro’s position

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Change in inequality and change in consumption growth, 1997–2007

Different data set checking Barro’s position

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Different data set checking on Barro’s position

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Different data set checking on Barro’s position