IDEAS home Printed from https://ideas.repec.org/h/spr/frochp/978-3-031-60792-9_5.html
   My bibliography  Save this book chapter

Inequality and Poverty

In: A Millennial View of Spain’s Development

Author

Listed:
  • Leandro Prados de la Escosura

    (Carlos III University of Madrid)

Abstract

This chapter assesses how the rewards of sustained economic growth were distributed over time. The evolution of income inequality resembles a wide inverted U with a peak in 1916, and a Kuznets curve results when the Gini coefficient is plotted against real per capita income. The functional distribution of income led personal income distribution until the early 1950s, while the dispersion of labour incomes took over from then onwards. Although growth and inequality do not move together over time, in the last century, the main phases of economic growth went hand-in-hand with inequality decline. The substantial fall in absolute poverty resulted from growth but also from inequality reduction during the interwar period and the late 1950s, and was eradicated by 1975.

Suggested Citation

  • Leandro Prados de la Escosura, 2024. "Inequality and Poverty," Frontiers in Economic History, in: A Millennial View of Spain’s Development, chapter 0, pages 197-236, Springer.
    • Handle: RePEc:spr:frochp:978-3-031-60792-9_5
    DOI: 10.1007/978-3-031-60792-9_5
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:frochp:978-3-031-60792-9_5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.