Munich Personal RePEc Archive

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

Aysan, Ahmet Faruk and Demirbas, Dilek and Disli, Mustafa and Parra, Monica (2021): Resilience and Path Dependency: Income Distribution Effects of GDP in Colombia.

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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 behavior of income distribution in Colombia. The results also are in line with the understanding that the problem of inequality in the distribution of income is not merely economic and but concerns persistent matters such as political and historical issues.

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