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Pré-publication, Document de travail Année : 2022

Distributional National Accounts of Taiwan, 1991-2017

Résumé

We construct the pre-tax Distributional National Accounts (DINA) of Taiwan from 1981 to 2017 using survey data. Our DINA individual income series demonstrates a much larger inequality than previous results using tax tabulations and tax units. This difference is mainly due to a change in the unit of observation and the treatment of corporate retained earnings. We find that income inequality was stable in the 1980s and began to rise after the mid-1990s. After 2000, this trend further accelerated. We then estimate the distribution of economic growth. From 1981 to 2001, Taiwan experienced a period of rapid economic growth, with a growth rate of 7.32 percent annually and a fairly equal distribution of growth. From 2001 to 2017, the aggregate growth rate declined to 2.47 percent with a deteriorating distribution of growth. The increasing inequality in income and growth distribution is due to the combination of a worsening capital income distribution and rising retained earnings.
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Dates et versions

halshs-04104064, version 1 (23-05-2023)

Identifiants

  • HAL Id : halshs-04104064 , version 1

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Cyrus Chu, Chien-Yu Chen, Ming-Jen Lin, Hsuan-Li Su. Distributional National Accounts of Taiwan, 1991-2017. 2022. ⟨halshs-04104064⟩

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Dernière date de mise à jour le 07/04/2024
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