Income shares south of the Rio Bravo, 1920-2011

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• dc.contributor.author Astorga Junquera, Pablo
• dc.date.accessioned 2024-08-30T09:00:27Z
• dc.date.available 2024-08-30T09:00:27Z
• dc.date.issued 2024
• dc.description.abstract This paper analyses, for the first time, comparable income shares of the top 10%, the middle 50% and the bottom 40% of the labour force in Argentina, Brazil, Chile, Colombia, Mexico and Venezuela (LA6) from 1920 to 2011 using a new dataset. The main findings are: i) over the whole period the LA6 exhibited a recur-rent very high income concentration at the top 10% (an average share of 48.1%) and a relatively low share for those of the bottom 40% (13.9%), with a Palma ratio of 3.5; ii) although the three shares varied over time and showed important differences across countries and developmental epochs, the region did not show a lasting equalising outcome resembling the Great Levelling experienced by developed economies during the middle decades of the last century; iii) there is no support over time for the “Palma proposition” stating a relative stability of the income share of the middle 50%. Despite policy efforts in the 2000s to raise the income of the bottom 40%, altogether, a more equitable income distribution is still a pending task in Latin America.
• dc.description.sponsorship This research has received financial support from the project PGC2018-095821-B-I00: (MCIU/AEI/FEDER, UE).
• dc.format.mimetype application/pdf
• dc.identifier.citation Astorga P. Income shares south of the Rio Bravo, 1920-2011. Revista historia económica de América Latina. 2024 Jan;1(1):9-41. DOI: 10.62467/RHEAL/01.01.02
• dc.identifier.doi http://dx.doi.org/10.62467/RHEAL/01.01.02
• dc.identifier.issn 2982-4443
• dc.identifier.uri http://hdl.handle.net/10230/60966
• dc.language.iso eng
• dc.publisher Asociación Uruguaya de Historia Económica (AUDHE)
• dc.relation.ispartof Revista historia económica de América Latina. 2024 Jan;1(1):9-41
• dc.relation.projectID http://creativecommons.org/licenses/by-nc-nd/4.0/
• dc.relation.projectID info:eu-repo/grantAgreement/ES/2PE/PGC2018-095821-B-I00
• dc.rights Esta obra está bajo una licencia internacional Creative Commons Atribución-NoComercial-SinDerivadas 4.0.
• dc.rights.accessRights info:eu-repo/semantics/openAccess
• dc.subject.keyword Economic development
• dc.subject.keyword Industrialisation
• dc.subject.keyword Income inequality
• dc.subject.keyword Latin America
• dc.title Income shares south of the Rio Bravo, 1920-2011
• dc.type info:eu-repo/semantics/article
• dc.type.version info:eu-repo/semantics/publishedVersion