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[IWS] ADB: INCOME DISTRIBUTIONS, INEQUALITY, AND POVERTY IN ASIA, 1992-2010 [14 March 2014]
IWS Documented News Service
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
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Asian Development Bank (ADB) Institute
Income Distributions, Inequality, and Poverty in Asia, 1992-2010 [14 March 2014]
By Duangkamon Chotikapanich, William E. Griffiths, D.S. Prasada Rao, and Wasana Karunarathne
[full-text, 32 pages]
In this paper, income distributions for developing countries in Asia are modeled using beta-2 distributions, which are estimated by a method of moments procedure applied to grouped data. Estimated parameters of these distributions are used to calculate measures of inequality, poverty, and pro-poor growth in four time periods over 1992–2010. Changes in these measures are examined for 11 countries, with a major focus on the People's Republic of China (PRC), India, and Indonesia, which are separated into rural and urban regions. We find that the PRC has grown rapidly with increasing inequality accompanying this growth. India has been relatively stagnant. Indonesia has grown rapidly after suffering an initial set back from the Asian financial crisis in 1997.
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