NUTR SCI 350 Lecture Notes - Lecture 13: Kuznets Curve, Gini Coefficient, Human Development Index
17 Apr 2018
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03/12/18 lecture 13: income: average income, fi(cid:374)di(cid:374)g: wealthy (cid:374)atio(cid:374)s (cid:272)o(cid:374)trol a (cid:448)ast (cid:373)ajority of the (cid:449)orld(cid:859)s e(cid:272)o(cid:374)o(cid:373)i(cid:272) e(cid:374)gi(cid:374)es vital for growth. I will focus only on ppp calculations as shown in right column of table 9. 1. Income averages can be extremely misleading: hunger is often seasonal. People with below average incomes can starve in poor nations due to severe seasonal food shortages (especially at higher prices: d_out for poor people): averages miss these phenomena: -hunger-poverty-family size, poverty and land ownership inversely related. Think about the irish potato famine: realities of hunger, what do income averages reveal, per capita gdp and hdi are correlated. Suggests incomes of -5k could lead to reasonable mitigation of poverty and hunger: failure to convert income to hdi suggests other problems are present, http://hdr. undp. org/en/content/human-development-index-hdi, realities of hunger, when per capita income is high, but hdi is low. Income distribution: government corruption, economic fragility, war, disease, weather, environment (malthusian influences)
