Economic growth and income disparity in BRIC : theory and empirical evidence / Monica Das, Skidmore College, USA, Sandwip Kumar Das, State University of New York, Albany, USA.

Format:

Book

Author/Creator:

Das, Monica.

Das, Sandwip K., author.

Series:

Gale eBooks

Language:

English

Subjects (All):

Income distribution--Brazil.

Income distribution.

Income distribution--Russia (Federation).

Income distribution--India.

Income distribution--China.

Economic development--Brazil.

Economic development.

Economic development--Russia (Federation).

Economic development--India.

Economic development--China.

Physical Description:

1 online resource (xii, 153 pages)

Place of Publication:

New Jersey : World Scientific, [2014]

Language Note:

English

Summary:

The recent interest in the development processes of BRIC countries (Brazil, Russia, India and China) has been triggered by their high growth performance, but their political and social backgrounds are entirely different. This book traces the economic history of BRIC countries to understand their economic and social institutions. The only common theme in this growth story is the high levels of income disparities and poverty that are observed even during the high growth decades. In order to understand the interaction between economic growth, income inequality and poverty, the book develops a the

Contents:

Contents; Preface; About the Authors; Chapter 1. Introduction: BRIC and the World Economy; Chapter 2. Political and Economic History of BRIC; 2.1 Brazil; 2.2 Russia; 2.3 India; 2.4 China; Chapter 3. Economic Growth, Income Inequality, and Poverty; 3.1 Growth Models and Growth-Inequality Relationship; 3.2 Inequality Measures; 3.3 Uniform Income Transfers; 3.4 Growth and Distribution; Proposition I; Proposition II; Proposition III; Proposition IV; Chapter 4. Descriptive Statistics and Basic Regression Estimates for BRIC; 4.1 India; 4.2 China; 4.3 Brazil; 4.4 Russia

Chapter 5. Growth and Inequality in BRIC: Econometric Estimation5.1 Estimation Method and Framework: The Varying Coefficient Model; 5.2 Framework, Data, and Results; 5.3 Case of India; 5.3.1. Discussion of results for India; 5.4 Case of China; 5.4.1. Discussion of results for China; 5.5 Case of Brazil; 5.5.1. Discussion of results for Brazil; 5.6 Case of Russia; 5.6.1. Discussion of results for Russia; 5.7 Regression with Low versus High Inequality Subgroups; 5.8 Regression with Low Growth versus High Growth Subgroups

5.9 Regression Results with Low Corruption versus High Corruption Subgroups5.10 Regression Results with Role of Government Spending; 5.10.1. Role of the government: India; 5.10.2. Role of government: China; 5.10.3. Role of the government: Brazil; 5.10.4. Role of the government: Russia; Bibliography; Index

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

Description based on print version record.

ISBN:

9789814415927

9814415928

OCLC:

860388405