Prague Economic Papers 2025, 34(3):378-407 | DOI: 10.18267/j.pep.894

Did it 'Really' Happen? Cost of Living Inequality in Argentina, 2004-2018

Gülşah Adam ORCID...
King's College London, Dumlupinar University

Measures of inequality typically rely on price indices formulated for a representative consumer, falsely assuming an identical consumption basket across households within the country. However, consumption patterns differ across households; hence, the changes in price levels might have different impacts on households at different points in the income distribution. To challenge this prevailing assumption and gain a more accurate comprehension of income inequality in Argentina from 2004 to 2018, I constructed income level-specific cost of living indices using the Argentinian Household Expenditure Survey. The results demonstrated that from 2004 to 2012, the poor experienced a higher increase in the cost of living compared to the richest group. Conversely, between 2012 and 2018, price changes displayed anti-rich behaviour. Considering the cost of living index differentials in the Gini coefficient calculations highlights that the price movements had an inegalitarian bias between 2004 and 2012, whereas the trend reversed in the 2012-2018 period.

Klíčová slova: cost of living inequality, Gini coefficient, Argentina, QUAIDS.
JEL classification: C81, D63

Vloženo: 30. duben 2025; Revidováno: 11. srpen 2025; Přijato: 11. září 2025; Zveřejněno: 29. říjen 2025  Zobrazit citaci

ACS AIP APA ASA Harvard Chicago Chicago Notes IEEE ISO690 MLA NLM Turabian Vancouver
Adam, G. (2025). Did it 'Really' Happen? Cost of Living Inequality in Argentina, 2004-2018. Prague Economic Papers34(3), 378-407. doi: 10.18267/j.pep.894
Stáhnout citaci

Reference

  1. Abdulai, A. (2002). Household Demand for Food in Switzerland. A Quadratic Almost Ideal Demand System. Revue Suisse D Economie Et De Statistique, 138(1), 1-18. https://www.researchgate.net/profile/Awudu-Abdulai/publication/24051408_Household_Demand_for_Food_in_Switzerland_A_Quadratic_Almost_Ideal_Demand_System/links/55740f6708ae7536374fdbfa/Household-Demand-for-Food-in-Switzerland-A-Quadratic-Almost-Ideal-Demand-System.pdf
  2. AlAzzawi, S. (2016). Did the Cost of Living Rise Faster for the Rural Poor? Evidence from Egypt. Economic Research Forum. Working Paper Series No. 1091. https://erf.org.eg/app/uploads/2017/04/1091.pdf Přejít k původnímu zdroji...
  3. Almås, I., Kjelsrud, A. (2017). Rags and Riches: Relative Prices, Non-Homothetic Preferences, and Inequality in India. World Development, 97, 102-121. https://doi.org/10.1016/j.worlddev.2017.04.001 Přejít k původnímu zdroji...
  4. Alvaredo, F. (2010). The Rich in Argentina Over the Twentieth Century. Top incomes: A Global Perspective, 253-298. https://shs.hal.science/halshs-00588318v1/document
  5. Alvaredo, F., Cruces, G., Gasparini, L. (2018). A Short Episodic History of Income Distribution in Argentina. Latin American Economic Review, 27, 1-45. https://doi.org/10.1007/s40503-017-0048-3 Přejít k původnímu zdroji...
  6. Alvaredo, F., De Rosa, M., Flores Beale, I. and Morgan, M. (2022). The Inequality (or the Growth) We Measure: Data Gaps and the Distribution of Incomes. CEPR Discussion Paper No. DP17135. https://ssrn.com/abstract=4069944 Přejít k původnímu zdroji...
  7. Amble, N., Stewart, K. (1994). Experimental Price Index for Elderly Consumers. Monthly Lab. Rev., 117, 11. https://www.bls.gov/opub/mlr/1994/05/art3full.pdf
  8. Argente, D., Lee, M. (2021). Cost of Living Inequality During the Great Recession. Journal of the European Economic Association, 19(2), 913-952. https://doi.org/10.1093/jeea/jvaa018 Přejít k původnímu zdroji...
  9. Arndt, C., Jones, S., Salvucci, V. (2015). When Do Relative Prices Matter for Measuring Income Inequality? The Case of Food Prices in Mozambique. The Journal of Economic Inequality, 13, 449-464. https://doi.org/10.1007/s10888-015-9303-5 Přejít k původnímu zdroji...
  10. Balk, B. M. (1990). On Calculating Cost-of-Living Index Numbers for Arbitrary Income Levels. Econometrica: Journal of the Econometric Society, 75-92. https://doi.org/10.2307/2938335Banco Central de la República Argentina. (n.d). Índice de Precios de las Materias Primas. https://www.bcra.gob.ar/PublicacionesEstadisticas/Precios_materias_primas_i.aspBanco Central de la República Argentina. (n.d). Inflación Mensual. https://www.bcra.gob.ar/PublicacionesEstadisticas/Principales_variables_datos.asp?serie=7931&detalle=Inflaci%F3n%20mensual%A0(variaci%F3n%20en%20%) Přejít k původnímu zdroji...
  11. Banks, J., Blundell, R., Lewbel, A. (1997). Quadratic Engel Curves and Consumer Demand. Review of Economics and Statistics, 79(4), 527-539. http://links.jstor.org/sici?sici=0034-6535%28199711%2979%3A4%3C527%3AQECACD%3E2.0.CO%3B2-Z Přejít k původnímu zdroji...
  12. Bril-Mascarenhas, T., Post, A. E. (2015). Policy Traps: Consumer Subsidies in Post-Crisis Argentina. Studies in Comparative International Development, 50, 98-120. https://doi.org/10.1007/s12116-014-9158-y Přejít k původnímu zdroji...
  13. Broda, C., Romalis, J. (2008). Inequality and Prices: Does China Benefit the Poor in America?. University of Chicago. https://www.etsg.org/ETSG2008/Papers/Romalis.pdf
  14. Browning, M., Chiappori, P. A., Lewbel, A. (2013). Estimating Consumption Economies of Scale, Adult Equivalence Scales, and Household Bargaining Power. Review of Economic Studies, 80(4), 1267-1303. https://www.jstor.org/stable/43551559 Přejít k původnímu zdroji...
  15. Cavallo, A., Bertolotto, M. (2016). Filling the Gap in Argentina's Inflation Data. SSRN Electronic Journal [Preprint]. https://doi.org/10.2139/ssrn.2782104. Přejít k původnímu zdroji...
  16. CEDLAS and The World Bank's LAC Poverty Group (2014). A Guide to SEDLAC. https://www.cedlas.econo.unlp.edu.ar/wp/wp-content/uploads/Methodological_Guide_v201404.pdf
  17. Chiru, R. (2005a). Does Inflation Vary with Income?. Statistics Canada Analytical Paper, 11-621-MIE - No. 030. https://www150.statcan.gc.ca/n1/pub/11-621-m/11-621-m2005030-eng.pdf
  18. Chiru, R. (2005b). Is Inflation Higher for Seniors?. Statistics Canada Analytical Paper, 11-621-MIE - No. 027. https://www150.statcan.gc.ca/n1/pub/11-621-m/11-621-m2005027-eng.pdf
  19. Cox, T. L., Wohlgenant, M. K. (1986). Prices and Quality Effects in Cross-Sectional Demand Analysis. American Journal of Agricultural Economics, 68(4), 908-919. https://doi.org/10.2307/1242137 Přejít k původnímu zdroji...
  20. Cravino, J., Levchenko, A. A. (2017). The Distributional Consequences of Large Devaluations. American Economic Review, 107(11), 3477-3509. https://doi.org/10.1257/aer.20151551 Přejít k původnímu zdroji...
  21. Crawford, I., Smith, Z. (2002). Distributional Aspects of Inflation. London: IFS. https://ifs.org.uk/publications/distributional-aspects-inflation.
  22. Cruces, G., Gasparini, L. (2008). A Distribution in Motion: The Case of Argentina. Documento de Trabajo No. 78. https://www.econstor.eu/bitstream/10419/127594/1/cedlas-wp-078.pdf
  23. Damill, M., Frenkel, R., Rapetti, M. (2015). Macroeconomic Policy in Argentina During 2002-2013. Comparative Economic Studies, 57, 369-400. http://dx.doi.org/10.1057/ces.2015.3 Přejít k původnímu zdroji...
  24. Deaton, A. (1988). Quality, Quantity, and Spatial Variation of Price. The American Economic Review, 418-430. https://www.jstor.org/stable/1809142
  25. Deaton, A., Muellbauer, J. (1980). Economics and Consumer Behavior. Cambridge University Press. https://doi.org/10.1017/CBO9780511805653 Přejít k původnímu zdroji...
  26. Deaton, A., Tarozzi, A. 2005. Prices and Poverty in India. In Deaton, A., Kozel, V., eds., The Great Indian Poverty Debate. New Delhi: MacMillan, pp. 381-409. https://www.princeton.edu/~deaton/downloads/Deaton_Prices_and_Poverty_in_India.pdf Přejít k původnímu zdroji...
  27. Deaton, A., Zaidi, S. (2002). Guidelines for Constructing Consumption Aggregates for Welfare Analysis, vol.135. World Bank Publications. https://documents1.worldbank.org/curated/en/206561468781153320/pdf/Guidelines-for-constructing-consumption-aggregates-for-welfare-analysis.pdf Přejít k původnímu zdroji...
  28. Debowicz, D., Segal, P. (2014). Structural Change in Argentina, 1935-1960: The Role of Import Substitution and Factor Endowments. The Journal of Economic History, 74(1), 230-258. https://www.jstor.org/stable/24550556 Přejít k původnímu zdroji...
  29. Diaz-Alejandro, C. F. (1970). Essays on the Economic History of the Argentine Republic. New Haven: Yale University Press. ISBN 978-0300011937. https://archive.org/details/essaysoneconomic0000diaz
  30. Diewert, W. E. (1976). Exact and Superlative Index Numbers. Journal of Econometrics, 4(2), 115-145. https://doi.org/10.1016/0304-4076(76)90009-9 Přejít k původnímu zdroji...
  31. Engel, E. (1857). Die Produktions- und Consumtionsverhältnisse des Königreichs Sachsen. Zeitschrift des Statistischen Büreaus des Königlich Sächischen Ministeriums des Innern [Preprint].
  32. Fernández, M., Messina, J. (2018). Skill Premium, Labor Supply, and Changes in the Structure of Wages in Latin America. Journal of Development Economics, 135, 555-573. https://doi.org/10.1016/j.jdeveco.2018.08.012 Přejít k původnímu zdroji...
  33. Fernández Sierra, M., Serrano, G. (2022). New Perspectives on Inequality in Latin America. Universidad de los Andes, Facultad de Economía, CEDE. Documento CEDE No. 25. https://doi.org/10.57784/1992/58838 Přejít k původnímu zdroji...
  34. Fessler, P., Fritzer, F. (2013). The Distribution of Inflation Among Austrian households. Monetary Policy & the Economy Q, 3, 12-28. https://share.google/5r2nYpOqQybcDEzR2Food and Agricultural Organization of the United Nations. (n.d). FAO Food Price Index. https://www.fao.org/worldfoodsituation/foodpricesindex/en/
  35. Gallacher, M., Lema, D. (2014). Argentine Agricultural Policy: Producer and Consumer Support Estimates 2007-2012. Universidad del CEMA. Serie Documentos de Trabajo, 4575, 1-22. https://dx.doi.org/10.2139/ssrn.2516942 Přejít k původnímu zdroji...
  36. Garner, T. I., Johnson, D. S., Kokoski, M. F. (1996). An Experimental Consumer Price Index for the Poor. Monthly Lab. Rev., 119, 32. https://www.bls.gov/opub/mlr/1996/09/art5full.pdf
  37. Gasparini, L., Cruces, G., Tornarolli, L., Mejîa, D. (2011). Recent Trends in Income Inequality in Latin America [with comments]. Economia, 11(2), 147-201. https://www.jstor.org/stable/41343452 Přejít k původnímu zdroji...
  38. Gerchunoff, P., Alejandro, C. D. (1989). Peronist Economic Policies, 1946-55, in di Tella, G., Dornbusch, R., eds., The Political Economy of Argentina, 1946-83, London: Palgrave Macmillan UK, pp. 59-88. https://doi.org/10.1007/978-1-349-09511-7_4 Přejít k původnímu zdroji...
  39. Gibson, J., Kim, B. (2013). Do The Urban Poor Face Higher Food Prices? Evidence from Vietnam. Food Policy, 41, 193-203. https://doi.org/10.1016/j.foodpol.2013.05.003 Přejít k původnímu zdroji...
  40. Gibson, J., Rozelle, S. (2005). Prices and Unit Values in Poverty Measurement and Tax Reform Analysis. The World Bank Economic Review, 19(1), 69-97. https://documents1.worldbank.org/curated/en/498411468325813385/pdf/774850JRN020050ces0and0Unit0Valuesf.pdf Přejít k původnímu zdroji...
  41. Giuliano, F., Lugo, M. A., Masut, A., Puig, J. (2020). Distributional Effects of Reducing Energy Subsidies: Evidence from Recent Policy Reform in Argentina. Energy Economics, 92, 104980. https://www.cedlas.econo.unlp.edu.ar/wp/wp-content/uploads/doc_cedlas267.pdf Přejít k původnímu zdroji...
  42. González, A. D. (2009). Energy Subsidies in Argentina Lead to Inequalities and Low Thermal Efficiency. Energies, 2(3), 769-788. https://doi.org/10.3390/en20300769 Přejít k původnímu zdroji...
  43. Goñi, E., López, H., Servén, L. (2006). Getting Real About Inequality: Evidence from Brazil, Colombia, Mexico and Peru (Vol. 3815). World Bank Publications. https://hdl.handle.net/10986/8796 Přejít k původnímu zdroji...
  44. Graf, B. (2020). Consumer Price Index Manual, 2020: Concepts and Methods. Washington, DC: International Monetary Fund. https://www.ilo.org/sites/default/files/wcmsp5/groups/public/@dgreports/@stat/documents/publication/wcms_761444.pdf Přejít k původnímu zdroji...
  45. Gürer, E., Weichenrieder, A. (2020). Pro-Rich Inflation in Europe: Implications for the Measurement of Inequality. German Economic Review, 21(1), 107-138. https://doi.org/10.1515/ger-2018-0146 Přejít k původnímu zdroji...
  46. Hancevic, P., Cont, W., Navajas, F. (2016). Energy Populism and Household Welfare. Energy Economics, 56, 464-474. https://doi.org/10.1016/j.eneco.2016.03.027 Přejít k původnímu zdroji...
  47. Haselip, J., Potter, C. (2010). Post-neoliberal Electricity Market 'Re-Reforms' in Argentina: Diverging from Market Prescriptions?. Energy Policy, 38(2), 1168-1176. https://doi.org/10.1016/j.enpol.2009.11.007 Přejít k původnímu zdroji...
  48. Heien, D., Wesseils, C. R. (1990). Demand Systems Estimation with Microdata: A Censored Regression Approach. Journal of Business & Economic Statistics, 8(3), 365-371. https://doi.org/10.2307/1391973 Přejít k původnímu zdroji...
  49. Hobijn, B., Lagakos, D. (2005). Inflation Inequality in the United States. Review of Income and Wealth, 51(4), 581-606. https://doi.org/10.1111/j.1475-4991.2005.00170.x Přejít k původnímu zdroji...
  50. Informe Ente Nacional Regulador de la Electricidad (ENRE). (n.d.). Informes Anuales. https://www.argentina.gob.ar/enre/publicaciones/informes-anualesInstituto Nacional de Estadîstica y Censos (INDEC). (2006). Metodología ENGH 2004-2005. Buenos Aires: INDEC. https://www.indec.gob.ar/ftp/cuadros/menusuperior/engho/engho200405_metodologico.pdf
  51. Instituto Nacional de Estadîstica y Censos (INDEC). (2013). Resumen Metodológico ENGHo 2012-2013. Buenos Aires: INDEC. https://www.indec.gob.ar/ftp/cuadros/menusuperior/engho/engho2012_resumen_metodologico.pdf
  52. Instituto Nacional de Estadîstica y Censos (INDEC). (2020). Manual de Uso de la Base de Datos Usuario ENGHo 2017-2018. Buenos Aires: INDEC. https://www.indec.gob.ar/ftp/cuadros/menusuperior/engho/engho2017_18_manual_uso_bases.pdf
  53. Instituto Nacional de Estadîstica y Censos (INDEC). (2020). Canasta Básica Alimentaria y Canasta Básica Total. https://www.indec.gob.ar/ftp/cuadros/sociedad/preguntas_frecuentes_cba_cbt.pdf
  54. Instituto Nacional de Estadîstica y Censos (INDEC). (2020). Encuesta Nacional de Gastos de los Hogares 2017/2018, 2013/2012, 2004/2005. https://www.indec.gob.ar/indec/web/Institucional-Indec-BasesDeDatos-4
  55. Hait, P., Janský, P. (2014). Inflation Differentials Among Czech Households. CERGE-EI Working Paper Series No. 508. https://www.cerge-ei.cz/pdf/wp/Wp508.pdf Přejít k původnímu zdroji...
  56. Jaravel, X. (2019). The Unequal Gains from Product Innovations: Evidence from the US Retail Sector. The Quarterly Journal of Economics, 134(2), 715-783. https://doi.org/10.1093/qje/qjy031 Přejít k původnímu zdroji...
  57. Jaravel, X. (2021). Inflation Inequality: Measurement, Causes, and Policy Implications. Annual Review of Economics, 13(1), 599-629. https://doi.org/10.1146/annurev-economics-091520-082042 Přejít k původnímu zdroji...
  58. Judzik, D., Trujillo, L., Villafañe, S. (2017). A Tale of Two Decades: Income Inequality and Public Policy in Argentina (1996-2014). Cuadernos de Economía, 36(SPE72), 233-264. https://www.memoria.fahce.unlp.edu.ar/art_revistas/pr.9983/pr.9983.pdf Přejít k původnímu zdroji...
  59. Kaplan, G., Schulhofer-Wohl, S. (2017). Inflation at the Household Level. Journal of Monetary Economics, 91, 19-38. https://doi.org/10.1016/j.jmoneco.2017.08.002 Přejít k původnímu zdroji...
  60. Konüs, A. A. (1939). The Problem of the True Index of the Cost of Living. Econometrica: Journal of the Econometric Society, 10-29. https://www.jstor.org/stable/1906997 Přejít k původnímu zdroji...
  61. Lakner, C., Ana Lugo, M., Puig, J., Salinardi, L., Viveros, M. (2016). The Incidence of Subsidies to Residential Public Services in Argentina: The Subsidy System in 2014 and Some Alternatives. CEDLAS, Universidad Nacional de La Plata. CEDLAS Working Papers No. 0201. https://www.cedlas.econo.unlp.edu.ar/wp/wp-content/uploads/doc_cedlas201.pdf
  62. Lluberas, R. (2018). Life-Cycle Expenditure and Retirees' Cost of Living. Fiscal Studies, 39(3), 385-415. https://doi.org/10.1111/1475-5890.12164 Přejít k původnímu zdroji...
  63. Lustig, N., Lopez-Calva, L. F., Ortiz-Juarez, E. (2013). Declining Inequality in Latin America in the 2000s: The Cases of Argentina, Brazil, and Mexico. World Development, 44, 129-141. https://doi.org/10.1016/j.worlddev.2012.09.013 Přejít k původnímu zdroji...
  64. McGranahan, L., Paulson, A. L. (2005). Constructing the Chicago Fed Income Based Economic Index-Consumer Price Index: Inflation Experiences by Demographic Group: 1983-2005, Federal Reserve of Chicago Working Paper No. 20. https://fraser.stlouisfed.org/files/docs/historical/frbchi/workingpapers/frbchi_workingpaper_2005-20.pdf
  65. McKelvey, C. (2011). Price, Unit Value, and Quality Demanded. Journal of Development Economics, 95(2), 157-169. https://doi.org/10.1016/j.jdeveco.2010.05.004 Přejít k původnímu zdroji...
  66. Michael, R. T. (1975). Variation Across Household in the Rate of Inflation. Journal of Money, Credit and Banking, 11(1), 32-46. https://www.nber.org/system/files/working_papers/w0074/w0074.pdf Přejít k původnímu zdroji...
  67. Muellbauer, J. (1974). Prices and Inequality: The United Kingdom Experience. The Economic Journal, 84(333), 32-55. https://www.jstor.org/stable/2230482 Přejít k původnímu zdroji...
  68. Murphy, E., Garvey, E. (2004). A Consumer Price Index for Low-Income Households in Ireland. Combat Poverty Agency Working Paper Series No. 04/03. https://www.researchgate.net/publication/237472443_A_Consumer_Price_Index_for_Low-Income_Households_in_Ireland_1989-2001
  69. Mackie, C., Schultze, C. L. (Eds.). (2002). At What Price?: Conceptualizing and Measuring Cost-of-Living and Price Indexes. Washington, DC: National Academies Press. https://doi.org/10.17226/10131 Přejít k původnímu zdroji...
  70. O'Donnell, G. (1978). State and Alliances in Argentina, 1956-1976. The Journal of Development Studies, 15(1), 3-33. https://doi.org/10.1080/00220387808421699 Přejít k původnímu zdroji...
  71. OECD. (2022). OECD Calculation of Contributions to Overall Annual Inflation. https://www.oecd.org/sdd/prices-ppp/OECD-calculation-contributions-annual-inflation.pdf
  72. O'Farrell, J., Obaya, M. and Marin, A. (2022). The Challenges of Leaving Protectionism Behind: the Political Economy of Trade Policy in Argentina, in Cornick J., Frieden J., Mesquita Moreira M. and Stein E., eds., Political Economy of Trade Policy in Latin America, Washington, D.C: Inter-American Development Bank. https://doi.org/10.18235/0003986 Přejít k původnímu zdroji...
  73. Pendakur, K. (2002). Taking Prices Seriously in the Measurement of Inequality. Journal of Public Economics, 86(1), 47-69. https://doi.org/10.1016/S0047-2727(00)00167-5 Přejít k původnímu zdroji...
  74. Richardson, N. P. (2009). Export-Oriented Populism: Commodities and Coalitions in Argentina. Studies in Comparative International Development, 44, 228-255. https://doi.org/10.1007/s12116-008-9037-5 Přejít k původnímu zdroji...
  75. Santarcángelo, J. E., Padín, J. M. (2021). Reshaping the Economic Structure in Argentina: The Role of External Debt During the Macri Administration (2015-2019). Review of Radical Political Economics, 53(2), 237-249. https://doi.org/10.1257/089533003321164921 Přejít k původnímu zdroji...
  76. Schultze, C. L. (2003). The Consumer Price Index: Conceptual Issues and Practical Suggestions. Journal of Economic Perspectives, 17(1), 3-22. Přejít k původnímu zdroji...
  77. Socio-Economic Database for Latin America and the Caribbean (CEDLAS and The World Bank). (n.d). Gini Coefficient. https://www.cedlas.econo.unlp.edu.ar/wp/en/estadisticas/sedlac/estadisticas/#1496165297107-cedda6d3-6c7d
  78. Taktek, N. (1998). Comparative Study of Analytical Consumer Price Indexes (CPI) for Different Subgroups of the Reference Population. Prices Division, Statistics Canada. https://www150.statcan.gc.ca/n1/pub/62f0014m/62f0014m1998013-eng.pdf
  79. United Nations Statistics Division. (1999). Classifications of Expenditure According to Purpose: COFOG, COICOP, COPNI, COPP,. 84. https://unstats.un.org/unsd/classifications/econ/.
  80. World Bank. (2024). Poverty Traps in Argentina - Poverty and Equity Assessment. World Bank Publications - Reports 42400. The World Bank Group. https://documents1.worldbank.org/curated/en/099103024144524874/pdf/P17545411ae34d0ab1a81a17f00b1279191.pdf

Tento článek je publikován v režimu tzv. otevřeného přístupu k vědeckým informacím (Open Access), který je distribuován pod licencí Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License (CC BY NC ND 4.0), která umožňuje nekomerční distribuci, reprodukci a změny, pokud je původní dílo řádně ocitováno. Není povolena distribuce, reprodukce nebo změna, která není v souladu s podmínkami této licence.