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Relative social inequality in the world: Rigidity against the economic growth, 1992–2016

Author

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  • Leonid M. Grigoryev

    (National Research University Higher School of Economics, Moscow, Russia
    Analytical Centre for the Government of Russian Federation, Moscow, Russia)

  • Victoria A. Pavlyushina

    (National Research University Higher School of Economics, Moscow, Russia
    Analytical Centre for the Government of Russian Federation, Moscow, Russia)

Abstract

The study of economic growth and social inequality goes back to the works of S. Kuznets, A. Atkinson, P. Krugman, J. Stiglitz, T. Piketti, and B. Milanovic. Statistical analysis of social inequalities for a large set of countries, divided into seven clusters, was conducted for the period 2000–2016. The share of incomes of the 10th decile was used as a measure of inequality. The hypothesis of the positive impact of economic growth on the reduction of social inequality was tested. Stylized facts on an array of 106 countries for the period under review indicate a high degree of stability of the level of inequality in most groups, especially in the most developed countries, and in particular in the Anglo-Saxon ones. The distribution of key socioeconomic and even political indicators for clusters shows their strong relationship with the structure of cluster inequality. This makes it possible to significantly deepen the analysis, in particular the one concerning the stages of world development.

Suggested Citation

  • Leonid M. Grigoryev & Victoria A. Pavlyushina, 2019. "Relative social inequality in the world: Rigidity against the economic growth, 1992–2016," Russian Journal of Economics, ARPHA Platform, vol. 5(1), pages 46-66, April.
    • Handle: RePEc:arh:jrujec:v:5:y:2019:i:1:p:46-66
    DOI: 10.32609/j.ruje.5.35485
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    References listed on IDEAS

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    Cited by:

    1. Bobylev, Sergey & Grigoryev, Leonid, 2020. "In search of the contours of the post-COVID Sustainable Development Goals: The case of BRICS," MPRA Paper 102424, University Library of Munich, Germany.
    2. Grigoryev, Leonid & Makarov, Igor & Sokolova, Anna & Pavlyushina, Victoria & Stepanov, Ilya, 2020. "Climate Change and Inequality: How to Solve These Problems Jointly?," MPRA Paper 102346, University Library of Munich, Germany.
    3. Grigoryev, Leonid & Makarova, Ekaterina, 2019. "Норма Накопления И Экономический Рост: Сдвиги После Великой Рецессии [Capital accumulation and economic growth after the Great Recession]," MPRA Paper 102524, University Library of Munich, Germany.

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    More about this item

    Keywords

    inequality; economic growth; clusters; income distribution;
    All these keywords.

    JEL classification:

    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
    • B10 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - General
    • D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
    • D33 - Microeconomics - - Distribution - - - Factor Income Distribution
    • F02 - International Economics - - General - - - International Economic Order and Integration

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