S-Space College of Social Sciences (사회과학대학) Institute of Economics Research (경제연구소) Seoul Journal of Economics Seoul Journal of Economics vol.25 no.1~4 (2012)
Income Distribution and Structural Transformation: Empirical Evidence from Developed and Developing Countries
- Dastidar, Ananya G.
- Issue Date
- Seoul Journal of Economics, Vol.25 No.1, pp. 25-56
- Income distribution; Inequality; Informal sector; Institutions; Panel data; Structural change
- The process of structural transformation forms the very basis of
economic growth and development. This paper analyses the implications
of alternate patterns of structural change for changes in the
overall distribution of income within an economy. An empirical analysis
is carried out based on evidence from seventy-eight developing
and transition economies and developed countries. The estimated
results from a fixed effects panel data model, indicate the existence
of substantial differences as well as important similarities between
developed and developing country experience with respect to structural
change and associated changes in income inequality.