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Jutta Bolt. Foto

Jutta Bolt

Universitetslektor

Jutta Bolt. Foto

Long-term trends in income inequality: Winners and losers of economic change in Ghana, 1891–1960

Författare

  • Prince Young Aboagye
  • Jutta Bolt

Summary, in English

This paper contributes to a growing literature on long-term trends and drivers of pre-industrial inequality by providing new stylized facts on the evolution of income inequality in Ghana from 1891 to 1960. Using newly constructed social tables, we estimate the Gini coefficient for seven consecutive decades at a time in which the adoption and expansion of cocoa cultivation transformed the Ghanaian economy. Income inequality was already high in 1891, prior to the spread of cocoa cultivation, and it remained stable for four decades. Following a small decline in the early 1930s, inequality increased, reaching its highest level at the end of the colonial era. The expansion of cocoa cultivation and increasing cocoa incomes contributed to persistent high inequality levels until the 1930s. By contrast, the increase in inequality from 1930 to 1960 was largely due to the rising incomes of government employees, skilled workers, and commercial workers.

Avdelning/ar

  • Ekonomisk utveckling i det globala Syd

Publiceringsår

2021-06-04

Språk

Engelska

Publikation/Tidskrift/Serie

Explorations in Economic History

Volym

82

Dokumenttyp

Artikel i tidskrift

Förlag

Elsevier

Ämne

  • Economic History

Nyckelord

  • Cocoa
  • Ghana
  • Inequality
  • Social tables

Aktiv

Published

ISBN/ISSN/Övrigt

  • ISSN: 0014-4983