Resilience and Path Dependency: Income Distribution Effects of GDP in Colombia
, , and
Jan 19, 2023
About this article
Published Online: Jan 19, 2023
Page range: 87 - 105
Received: Dec 21, 2020
Accepted: Jun 24, 2021
DOI: https://doi.org/10.2478/jcbtp-2023-0005
Keywords
© 2023 Ahmet Faruk Aysan et al., published by Sciendo
This work is licensed under the Creative Commons Attribution 4.0 International License.
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.