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ANALYSING INCLUSIVE GROWTH: EMPIRICAL EVIDENCE FROM THE SLOVAK REPUBLIC

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Domonkos T., Jánošová M., Ostrihoň F.
Ekonomický časopis (Journal of Economics)
|
2013
|
vol. 61
|
issue 9
918 – 933
EN
The presented paper aims to discuss the measurement of inclusive growth, using an abstraction, through which the inclusive growth is approximated as the pro-poor growth. Furthermore, we aim to provide empirical evidence from the Slovak Republic. The analysis examines whether the economic growth achieved in the Slovak Republic during the time period from 2004 to 2009 had decreased the inequality of the income distribution of the households or not. During the analysis the Headcount index, the Poverty gap index and the Severity of poverty index are calculated and evaluated. The paper also provides estimation of the actual income distributions through the theoretical distributions, for the examined years. The results show rather negative relationship between growth and the decrease of income inequality.
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