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

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

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

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

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

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

7. 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

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

9. 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

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

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

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

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

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

15. 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

16. 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

17. 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