Page 152 - ES 2020-21_Volume-1-2 [28-01-21]

Inequality and Growth: Conflict or Convergence? 135

Figure 14 (3): Correlation of inequality Figure 14 (4): Correlation of inequality
and birth rate in the year 2004 and and death rate in the year 2004 and
2011 in Indian states 2011 in Indian states
Birth Rate 2004 2011 Death Rate 2004 2011
35 10

9.5
30 9
8.5
25 8
7.5
20 7
6.5
15 6
5.5
10 5
0.20 0.25 0.30 0.35 0.40 0.20 0.25 0.30 0.35 0.40

Low Gini Based on Consumption High Low Gini Based on Consumption High
Source: Birth Rate (2017) from Office of the Registrar Source: Death Rate (2017) from Office of the Registrar
General of India, Ministry of Home Affairs General of India, Ministry of Home Affairs

Figure 14 (5): Correlation of inequality and total fertility
rate in the year 2004 and 2011 in Indian states

Total Fertility Rate 2004 2011
4.5

4

3.5

3

2.5

2

1.5
0.20 0.25 0.30 0.35 0.40
Low Gini Based on Consumption High

Source: Total Fertility Rate (2017) from Office of the Registrar General of India, Ministry of Home Affairs

4.11 The findings that inequality and income per capita converge in terms of their correlation
with socio-economic outcomes, thereby implying the absence of a trade-off between economic
growth and inequality, are buttressed by the Chinese experience as well (see Box 1). Thus,
the conflict between inequality and economic growth that is observed in advanced economies