ECONOMIC GROWTH AND CHANGE IN INCOME DISTRIBUTION

Authors

  • О Chugaiev Institute of International Relations of Kyiv National Taras Shevchenko University

DOI:

https://doi.org/10.17721/apmv.2010.92.1.86-93

Abstract

Traditional method using growth in real GDP per capita as a measure of im-
provement of welfare does not consider the effect of changes in income distribution
between people. The article provides means in order to adjust for this effect. The
author calculates the value of such an adjustment in recent years and analyzes pos-
sible factors that may affect it.

Author Biography

  • О Chugaiev, Institute of International Relations of Kyiv National Taras Shevchenko University
    PhD, Department of  World Economy and International Economic Relations

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Published

2014-01-28