Title

The Kuznets Curve: What Happens After The Inverted-U?

Abstract

Recent research has posited that, in advanced economies, there is a positive correlation between income inequality and development. Using a new unbalanced panel dataset for 71 countries from 1961 to 1992, we present evidence that supports this conjecture. Although many factors may be contributing to this renewed positive relationship between growth and inequality, one plausible explanation rests on the shift away from a manufacturing base towards a service base in most advanced economies.

Publication Date

1-1-1999

Publication Title

Review of Development Economics

Volume

3

Issue

2

Number of Pages

200-206

Document Type

Article

Personal Identifier

scopus

DOI Link

https://doi.org/10.1111/1467-9361.00061

Socpus ID

0032809515 (Scopus)

Source API URL

https://api.elsevier.com/content/abstract/scopus_id/0032809515

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