Advanced

Growth, inequality and extraction in Ibero-American democratizations

Ducoing, Cristian LU and Torregrosa Hetland, Sara LU (2016) II Jornada de Historia Económica
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 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... (More)
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. (Less)
Please use this url to cite or link to this publication:
author
organization
publishing date
type
Contribution to conference
publication status
unpublished
subject
keywords
democratization, income inequality, inequality extraction ratio, welfare
pages
31 pages
conference name
II Jornada de Historia Económica
language
English
LU publication?
yes
id
99987d8f-49e7-4267-a8da-db94b2c9d56e
alternative location
http://www.bde.es/f/webbde/INF/MenuHorizontal/SobreElBanco/Conferencias/2016/Archivos/5.Ibero-AmericanDemocratization.pdf
date added to LUP
2016-11-08 20:39:22
date last changed
2017-11-06 14:22:04
@misc{99987d8f-49e7-4267-a8da-db94b2c9d56e,
  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 relatively later and shorter dictatorships.<br/>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,<br/>could have promoted decreases in relative extraction.},
  author       = {Ducoing, Cristian and Torregrosa Hetland, Sara},
  keyword      = {democratization,income inequality,inequality extraction ratio,welfare},
  language     = {eng},
  pages        = {31},
  title        = {Growth, inequality and extraction in Ibero-American democratizations},
  year         = {2016},
}