The Kuznets Inverted-U Hypothesis
| Autoři | |
|---|---|
| Rok publikování | 2015 |
| Druh | Článek ve sborníku |
| Konference | International Conference Hradec Economic Days 2015 |
| Fakulta / Pracoviště MU | |
| Citace | |
| www | http://fim.uhk.cz/hed/images/KOMPLET_1_AG.pdf |
| Obor | Ekonomie |
| Klíčová slova | Kuznets inverted-U hypothesis; panel data; inequality; economic growth; Gini coefficient |
| Popis | In this paper we examine the relationship between income inequality and economic development according to the Kuznets inverted-U hypothesis. The data used are collected from 146 countries, they cover period 1970 – 2011 and are obtained from the World Bank database, the OECD database and Penn World Table. We used three different datasets – time series for Argentina and Brazil, cross-country data and panel data for the whole world. We found evidence of inverted-U shape curve in all estimations. |
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