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Erscheinungsjahr: 
2011
Schriftenreihe/Nr.: 
Memorandum No. 2011,11
Verlag: 
University of Oslo, Department of Economics, Oslo
Zusammenfassung: 
Income distribution data from before the Industrial Revolution usually comes in the shape of social tables: inventories of a range of social groups and their mean incomes. These are frequently reported without adjusting for within-group income dispersion, leading to a systematic downward bias in the reporting of pre-industrial inequality. This paper suggests a correction method, and applies it to an existing collection of twenty-five social tables, from Rome in AD 1 to India in 1947. The corrections, using a variety of assumptions on within-group dispersion, lead to substantial increases in the Gini coeffcients. Combining the inequality levels with data on GDP, a robust positive relationship between income inequality and economic growth is confirmed. This supports earlier proposals, based on fewer data points, of a 'super Kuznets curve' of increasing inequality over the entire pre-industrial period.
Schlagwörter: 
Pre-industrial inequality
social tables
Kuznets curve
history
JEL: 
D31
N30
O11
C65
Dokumentart: 
Working Paper

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