publication . Preprint . 2007

"Economic Development, Income Inequality and Social Stability in Prewar Japan: A Prefecture-level Analysis"

Tetsuji Okazaki;
Open Access
  • Published: 01 Jun 2007
Abstract
This paper addresses the relationship between economic development, income inequality and social stability, using the data of prewar Japan. We have made prefecture-level income inequality index, based on tax and wage statistics with respect to four data points, 1888, 1896, 1921 and 1935. Regression analyses of the prefecture-level panel data confirmed that there was an inverse-U shaped relationship between economic development and income inequality. At the same time thorough analyses of the data on thefts and suicides, we found that income inequality gave a negative impact on social stability.

Adelman, Irma, 1995, Dynamics and Income Distribution, Lansdown Place, Cheltenham: Edward Elgar Publishing

Adelman, Irma and Cynthia T. Morris, 1973, Economic Growth and Social Equity in Developing Countries, Stanford: Stanford University Press

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Table 4 Income inequality and suicides

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