Abstract
© Investigaciones Regionales. This article analyzes the relationship between economic cycle and inequality in the Spanish regions in the period 2003-2011. The results indicate that inequality presents a clearly cyclical behavior: During the expansionary phase (2003-2007) the inequality and polarization decrease meanwhile during the recessionary phase (2008-2011) a clear increase of inequality has occurred. Also the increase of poverty has been observed. At a regional level, these regions with lower GDP per capita experience higher increases of inequality as a consequence of the crisis, so the welfare gaps between regions becomes larger.
| Original language | English |
|---|---|
| Pages (from-to) | 53-77 |
| Journal | Investigaciones Regionales |
| Issue number | 30 |
| Publication status | Published - 1 Jan 2014 |
Keywords
- Economic cycle
- Inequality
- Poverty
- Regional analysis
- Spain
- Welfare
