Growth, inequality and extraction in Ibero-American democratizations

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Date
2017Version
Acceso abierto / Sarbide irekia
Type
Contribución a congreso / Biltzarrerako ekarpena
Impact
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nodoi-noplumx
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Abstract
Will democracy improve the distribution of economic welfare? Do dictatorships leave
long-run legacies behind? In this paper we explore four Ibero-American countries with some
common historical traits, but also different contexts: Spain, Portugal, Brazil, and Chile. The two
Iberian nations suffered long periods of autocratic regime in the 20th Century, while our south
American cases had relati ...
[++]
Will democracy improve the distribution of economic welfare? Do dictatorships leave
long-run legacies behind? In this paper we explore four Ibero-American countries with some
common historical traits, but also different contexts: Spain, Portugal, Brazil, and Chile. The two
Iberian nations suffered long periods of autocratic regime in the 20th Century, while our south
American cases had relatively later and shorter dictatorships.
We intend to assess the extent to which democratization brought about improvements in
societal welfare, combining indicators of inequality and economic performance. We propose
the applicability of the concept of Inequality Extraction Ratio, initially suggested for ancient
societies but adapted by Milanovic (2013b) to the analysis of contemporary economies. Our
hypothesis is that democratizations, while probably not able to achieve reductions in inequality,
could have promoted decreases in relative extraction. [--]
Subject
Democratization,
Income inequality,
Inequality extraction ratio,
Welfare
Description
Trabajo presentado a Iberometrics VIII: Eight Iberian Cliometrics Workshop. Organizado por el Institute of Advanced Research in Business and Economics (INARBE) de la Universidad Pública de Navarra, en colaboración con Glocred y expertos de instituciones de España y Portugal. Celebrado en la Upna el 20-21 de abril de 2017.
Appears in Collections
- Iberometrics VIII [10]