ASSESSING AGGREGATE WELFARE: GROWTH AND INEQUALITY IN ARGENTINA

The main goal of this paper is to complement the Argentine mean income series from National Accounts with inequality estimates in order to obtain aggregate welfare series, which are a better measure of economic performance than the commonly used per capita income statistics. Inequality indices are c...

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Autores principales:	GASPARINI,LEONARDO, SOSA ESCUDERO,WALTER
Lenguaje:	English
Publicado:	Instituto de Economía, Pontificia Universidad Católica de Chile 2001
Materias:	Income distribution inequality welfare Latin America Argentina
Acceso en línea:	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0717-68212001011300002
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spelling	oai:scielo:S0717-682120010113000022002-04-09ASSESSING AGGREGATE WELFARE: GROWTH AND INEQUALITY IN ARGENTINAGASPARINI,LEONARDOSOSA ESCUDERO,WALTER Income distribution inequality welfare Latin America Argentina The main goal of this paper is to complement the Argentine mean income series from National Accounts with inequality estimates in order to obtain aggregate welfare series, which are a better measure of economic performance than the commonly used per capita income statistics. Inequality indices are computed from household survey data adjusted for non-response and income underreporting. The statistical significance of changes in inequality and welfare measures is checked using bootstrapping techniques. One of the main conclusions of the paper is that while welfare assessments coincide among different value judgments in some periods (e.g. 1991-1994), they widely vary in some others, particularly between 1994 and 1998, when the economy experienced moderate growth and large increases in inequality. It is argued that the period 1994-1998 provides an unprecedented laboratory for distinguishing the social preferences of different analysts, according to their evaluation of the performance of the Argentine economyinfo:eu-repo/semantics/openAccessInstituto de Economía, Pontificia Universidad Católica de ChileCuadernos de economía v.38 n.113 20012001-04-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0717-68212001011300002en10.4067/S0717-68212001011300002
institution	Scielo Chile
collection	Scielo Chile
language	English
topic	Income distribution inequality welfare Latin America Argentina
spellingShingle	Income distribution inequality welfare Latin America Argentina GASPARINI,LEONARDO SOSA ESCUDERO,WALTER ASSESSING AGGREGATE WELFARE: GROWTH AND INEQUALITY IN ARGENTINA
description	The main goal of this paper is to complement the Argentine mean income series from National Accounts with inequality estimates in order to obtain aggregate welfare series, which are a better measure of economic performance than the commonly used per capita income statistics. Inequality indices are computed from household survey data adjusted for non-response and income underreporting. The statistical significance of changes in inequality and welfare measures is checked using bootstrapping techniques. One of the main conclusions of the paper is that while welfare assessments coincide among different value judgments in some periods (e.g. 1991-1994), they widely vary in some others, particularly between 1994 and 1998, when the economy experienced moderate growth and large increases in inequality. It is argued that the period 1994-1998 provides an unprecedented laboratory for distinguishing the social preferences of different analysts, according to their evaluation of the performance of the Argentine economy
author	GASPARINI,LEONARDO SOSA ESCUDERO,WALTER
author_facet	GASPARINI,LEONARDO SOSA ESCUDERO,WALTER
author_sort	GASPARINI,LEONARDO
title	ASSESSING AGGREGATE WELFARE: GROWTH AND INEQUALITY IN ARGENTINA
title_short	ASSESSING AGGREGATE WELFARE: GROWTH AND INEQUALITY IN ARGENTINA
title_full	ASSESSING AGGREGATE WELFARE: GROWTH AND INEQUALITY IN ARGENTINA
title_fullStr	ASSESSING AGGREGATE WELFARE: GROWTH AND INEQUALITY IN ARGENTINA
title_full_unstemmed	ASSESSING AGGREGATE WELFARE: GROWTH AND INEQUALITY IN ARGENTINA
title_sort	assessing aggregate welfare: growth and inequality in argentina
publisher	Instituto de Economía, Pontificia Universidad Católica de Chile
publishDate	2001
url	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0717-68212001011300002
work_keys_str_mv	AT gasparinileonardo assessingaggregatewelfaregrowthandinequalityinargentina AT sosaescuderowalter assessingaggregatewelfaregrowthandinequalityinargentina
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ASSESSING AGGREGATE WELFARE: GROWTH AND INEQUALITY IN ARGENTINA

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