Chapter 6 Slide 1 Copyright © 2003 Pearson Education, Inc. Figure 6.3 Estimating the Gini Coefficient.

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Chapter 6 Slide 1 Copyright © 2003 Pearson Education, Inc. Figure 6.3 Estimating the Gini Coefficient

Chapter 6 Slide 2 Copyright © 2003 Pearson Education, Inc. Figure 6.4 Four Possible Lorenz Curves

Chapter 6 Slide 3 Copyright © 2003 Pearson Education, Inc. Figure 6.7 Improved Income Distribution under the Traditional- Sector Enrichment Growth Typology

Chapter 6 Slide 4 Copyright © 2003 Pearson Education, Inc. Figure 6.8 Worsened Income Distribution under the Modern- Sector Enrichment Growth Typology

Chapter 6 Slide 5 Copyright © 2003 Pearson Education, Inc. Figure 6.9 Crossing Lorenz Curves in the Modern-Sector Enlargement Growth Typology

Chapter 6 Slide 6 Copyright © 2003 Pearson Education, Inc. Figure 6.11 Kuznets Curve with Latin American Countries Identified

Chapter 6 Slide 7 Copyright © 2003 Pearson Education, Inc. Figure 6.13 Comparison of Gross National Product Growth Rates and Income Growth Rates of the Bottom 40% of the Population in Selected Less Developed Countries

Chapter 6 Slide 8 Copyright © 2003 Pearson Education, Inc. Figure 6.15 Where Poverty Has Fallen, and Where It Has Not

Chapter 6 Slide 9 Copyright © 2003 Pearson Education, Inc. Figure 6.16 Poverty in the Developing World Is Shifting toward South Asia and Sub-Saharan Africa

Chapter 6 Slide 10 Copyright © 2003 Pearson Education, Inc. Figure 6.17 Growth and the Poor

Chapter 6 Slide 11 Copyright © 2003 Pearson Education, Inc. Figure 6.17 Growth and the Poor cont’d

Chapter 6 Slide 12 Copyright © 2003 Pearson Education, Inc.

Chapter 6 Slide 13 Copyright © 2003 Pearson Education, Inc.

Chapter 6 Slide 14 Copyright © 2003 Pearson Education, Inc. Figure 6.18 Poverty Declines as National Income Rises

Chapter 6 Slide 15 Copyright © 2003 Pearson Education, Inc. Concepts for Review n Absolute poverty n Asset ownership n Character of economic growth n Deciles n Disposable income n Elasticity of factor substitution n Factor-price distortions n Factor share distribution of income n Factors of production n Foster-Greer- Thorbecke (FGT) index n Functional distribution of income

Chapter 6 Slide 16 Copyright © 2003 Pearson Education, Inc. Concepts for Review, cont’d n Gini coefficient n Headcount index n Human Poverty Index n Income inequality n Indirect taxes n Kuznets curve n Land reform n Lorenz curve n Neoclassical price- incentive model n Personal distribution of income n Poverty gap n Progressive income tax

Chapter 6 Slide 17 Copyright © 2003 Pearson Education, Inc. Concepts for Review, cont’d n Public consumption n Quintiles n Redistribution policies n Regressive tax n Size distribution of income n Subsidy n Workfare programs