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RESEARCH PRODUCT

Regional Income Inequality in Spain 1860–2015

Julio Martinez-galarragaAlfonso Díez-minguelaDaniel A. Tirado-fabregat

subject

Divergence (linguistics)Inequality060106 history of social sciencesmedia_common.quotation_subject0211 other engineering and technologies021107 urban & regional planningConvergence (economics)06 humanities and the arts02 engineering and technologyEconomic inequalityOrder (exchange)Economics0601 history and archaeologyDemographic economicsRegional incomemedia_common

description

How has regional economic inequality evolved since 1860? Is there a relationship between initial per-capita income and regional growth rates? Is there any relation between the evolution of regional inequality and the economic development process in Spain? In order to answer these questions, a number of different indicators of inequality are offered in this chapter. Then the patterns of convergence or divergence followed by Spanish regions from the mid-nineteenth century to the present are studied. Regional income inequality rose in the early stages of economic development and then declined. However, with high levels of development, around the 1980s, a change of trend is observed. In other words, over the very long term the inverted U-shape has turned into a curve in the shape of an elephant.

https://doi.org/10.1007/978-3-319-96110-1_4