Michael Pammer,
"Income inequality in Imperial Austria, 1911"
, Serie Working Papers in Economic and Social History, Nummer 4, 2018
Original Titel:
Income inequality in Imperial Austria, 1911
Sprache des Titels:
Englisch
Original Kurzfassung:
The paper addresses the problem of income distribution in an economy with growing income and growing industrial and service sectors. The Austrian lands represent economies at extremely different levels of development. The north-eastern and the south-eastern lands were backward both in terms of income and of sectoral structure, whereas the central region around Vienna and other parts of the Alpine lands and the Czech lands enjoyed high productivity in all sectors. The analysis is restricted to just one time-period. Thus, the relation between income distribution and the level of development is analysed with regard to regions at different levels of development at one point of time (not at the change of distribution in a longer time period). Preliminary findings suggest that income distribution depended mostlyon the level of income a region had attained in 1911, on the sectoral structure, on migration patterns and other findings. These findings are in accordance with previous research on wealth distribution which suggest that the distribution of wealth in Austria tended to widen only up to 1890/1900. This means that the more advanced regions of Imperial Austria had already arrived at an advanced stage whereas the backward regions showed still the signs of economies in their early phase of development.
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