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Title: Does Egalitarianism Come at a Price? Inequality and Economic Performance in Late-Nineteenth-Century Ontario
Citation Type: Journal Article
Publication Year: 2017
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Abstract: The relationship between economic performance and wealth inequality at a regional level is examined using county-level wealth for Ontario in 1892 and 1902. The results find that after controlling for confounding factors, declining wealth inequality was generally accompanied by slower economic performance as measured by changes in wealth levels and manufacturing output over time. This suggests that a more egalitarian wealth distribution came perhaps at the price of less robust economic performance.
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Authors: Di Matteo, Livio
Periodical (Full): Social Science History
Issue: 4
Volume: 41
Pages: 29
Data Collections: IPUMS USA
Topics: Other, Poverty and Welfare
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