Resilience and Path Dependency: Income Distribution Effects of GDP in Colombia

Ahmet Faruk Aysan; Dilek Demirbas; Mustafa Disli; Monica Shirley Chaparro Parra

doi:10.2478/jcbtp-2023-0005

Resilience and Path Dependency: Income Distribution Effects of GDP in Colombia

Ahmet Faruk Aysan^*, Dilek Demirbas, Mustafa Disli, Monica Shirley Chaparro Parra

^*Corresponding author for this work

Istanbul University

Research output: Contribution to journal › Article › peer-review

1 Citation (Scopus)

Abstract

This study examines the effect of GDP per capita on the Gini index, which measures income concentration, in Colombia. The methodology used is an econometric analysis of time series with data extracted from the Inter-American Development Bank and the World Bank. The econometric results suggest that, at least during the period studied here, there is no evidence that GDP per capita has been an explanatory variable of the behaviour of income distribution in Colombia. The results also align with the understanding that the problem of inequality in the distribution of income is not merely economic but concerns persistent matters such as political and historical issues.

Original language	English
Pages (from-to)	87-105
Number of pages	19
Journal	Journal of Central Banking Theory and Practice
Volume	12
Issue number	1
DOIs	https://doi.org/10.2478/jcbtp-2023-0005
Publication status	Published - 1 Jan 2023

Keywords

Colombia
Income Distribution
Resilience
inequality

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title = "Resilience and Path Dependency: Income Distribution Effects of GDP in Colombia",

abstract = "This study examines the effect of GDP per capita on the Gini index, which measures income concentration, in Colombia. The methodology used is an econometric analysis of time series with data extracted from the Inter-American Development Bank and the World Bank. The econometric results suggest that, at least during the period studied here, there is no evidence that GDP per capita has been an explanatory variable of the behaviour of income distribution in Colombia. The results also align with the understanding that the problem of inequality in the distribution of income is not merely economic but concerns persistent matters such as political and historical issues.",

keywords = "Colombia, Income Distribution, Resilience, inequality",

author = "Aysan, {Ahmet Faruk} and Dilek Demirbas and Mustafa Disli and Parra, {Monica Shirley Chaparro}",

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T2 - Income Distribution Effects of GDP in Colombia

AU - Aysan, Ahmet Faruk

AU - Demirbas, Dilek

AU - Disli, Mustafa

AU - Parra, Monica Shirley Chaparro

PY - 2023/1/1

Y1 - 2023/1/1

N2 - This study examines the effect of GDP per capita on the Gini index, which measures income concentration, in Colombia. The methodology used is an econometric analysis of time series with data extracted from the Inter-American Development Bank and the World Bank. The econometric results suggest that, at least during the period studied here, there is no evidence that GDP per capita has been an explanatory variable of the behaviour of income distribution in Colombia. The results also align with the understanding that the problem of inequality in the distribution of income is not merely economic but concerns persistent matters such as political and historical issues.

AB - This study examines the effect of GDP per capita on the Gini index, which measures income concentration, in Colombia. The methodology used is an econometric analysis of time series with data extracted from the Inter-American Development Bank and the World Bank. The econometric results suggest that, at least during the period studied here, there is no evidence that GDP per capita has been an explanatory variable of the behaviour of income distribution in Colombia. The results also align with the understanding that the problem of inequality in the distribution of income is not merely economic but concerns persistent matters such as political and historical issues.

KW - Colombia

KW - Income Distribution

KW - Resilience

KW - inequality

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EP - 105

JO - Journal of Central Banking Theory and Practice

JF - Journal of Central Banking Theory and Practice

IS - 1

ER -

Resilience and Path Dependency: Income Distribution Effects of GDP in Colombia

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