Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/226112 
Year of Publication: 
2008
Series/Report no.: 
wiiw Balkan Observatory Working Papers No. 074
Publisher: 
The Vienna Institute for International Economic Studies (wiiw), Vienna
Abstract: 
The article analyses the issue of economic inequality in the transition economies of Central, East and Southeast Europe. It consists of a literature review and a descriptive analysis as well as an econometric modelling exercise. In the fi rst part we point at the fact that the rise in income inequality was triggered by the magnitude of transitional output loss and a reduction of formal employment. Rising wage inequality was at the core of total income dispersion, while government transfers had a redistributional function only in Central and Southeast European countries contrary to the Commonwealth of Independent States (CIS). In the econometric analysis it is found that for instance public utilities infrastructure liberalisation has increased inequality in transition, while price and trade liberalisation has decreased it. A high share of employment in industry and high government expenditures are connected with less inequality.
Subjects: 
income distribution
inequality
transition economies
JEL: 
D63
O15
P36
Document Type: 
Working Paper

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