G2TT
来源类型Discussion paper
规范类型论文
来源IDDP3719
DP3719 Relaxing the Restrictions on the Temporary Movements of Natural Persons: A Simulation Analysis
L. Alan Winters; Terrie Walmsley
发表日期2003-01-23
出版年2003
语种英语
摘要This Paper presents data on the evolution of top incomes and wages from 1956 to 2000 in India using individual tax returns data. Our data shows that the shares of the top 0.01%, the top 0.1% and the top 1% in total income shrank very substantially until the early-to-mid 1980s, but then went back up again, so that today these shares are only slightly below what they were in 1956. We argue that this U-shaped pattern is broadly consistent with the evolution of economic policy in India - the period from 1956 to the early-to-mid 1980s was also the period of ?socialist? policies in India, while the subsequent period, starting with the rise of Rajiv Gandhi, saw a gradual shift towards more pro-business policies. Although the initial share of this group was small, the fact that the rich were getting richer had a non-trivial impact on the overall income distribution. In particular, its impact is not large enough to fully explain the gap between average consumption growth in survey-based NSS data and the National accounts-based NAS data, but is sufficiently large to explain a non-negligible part of it (between 20% and 40%).
主题Public Economics
关键词Income distribution
URLhttps://cepr.org/publications/dp3719
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/532694
推荐引用方式
GB/T 7714
L. Alan Winters,Terrie Walmsley. DP3719 Relaxing the Restrictions on the Temporary Movements of Natural Persons: A Simulation Analysis. 2003.
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