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A Global Kuznets Curve?

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  • Park, Walter G
  • Brat, David A
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    Abstract

    This paper studies the inequality of nations, treating the country as the unit of analysis. First, measures of inequality are computed for 1960 to 1988. The international distribution of income has become more unequal over time. Secondly, the contribution of R&D investments and spillovers to global inequality is studied. Cross-country differences in R&D significantly account for the changes in the global distribution of income. National R&D investments have both a divergence and a convergence effect and, on net, the empirical results indicate that world R&D has a convergence effect. Controlling for R&D, the paper finds an inverted-U relationship between global inequality and global development. Copyright 1995 by WWZ and Helbing & Lichtenhahn Verlag AG

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    Bibliographic Info

    Article provided by Wiley Blackwell in its journal Kyklos.

    Volume (Year): 48 (1995)
    Issue (Month): 1 ()
    Pages: 105-31

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    Handle: RePEc:bla:kyklos:v:48:y:1995:i:1:p:105-31

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    Web page: http://www.blackwellpublishing.com/journal.asp?ref=0023-5962

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    Cited by:
    1. Raul A. Barreto, 2001. "Endogenous Corruption, Inequality and Growth: Econometric Evidence," School of Economics Working Papers 2001-02, University of Adelaide, School of Economics.
    2. Alvargonzalez, M. & Lopez, A. & Perez, R., 2004. "Growth-Inequality Relationship. An Analytical Approach and Some Evidence for Latin America," Applied Econometrics and International Development, Euro-American Association of Economic Development, Euro-American Association of Economic Development, vol. 4(2).
    3. Schwartz, Gerd & Ter-Minassian, Teresa, 2000. " The Distributional Effects of Public Expenditure," Journal of Economic Surveys, Wiley Blackwell, vol. 14(3), pages 337-58, July.
    4. Juan Vicente-Perdiz & Luis M. Borge, 2000. "Desarrollo y desigualdad con progreso técnico," Investigaciones Economicas, Fundación SEPI, Fundación SEPI, vol. 24(3), pages 709-726, September.
    5. García Gámez, Sofía & Vicéns Otero, José, 2006. "Determining factors in the measurement of the sovereign risk in the emerging countries/Factores condicionantes en la medición del riesgo soberano en los países emergentes," Estudios de Economía Aplicada, Estudios de Economía Aplicada, vol. 24, pages 245-272, Abril.
    6. Jayadevappa, Ravishankar & Chhatre, Sumedha, 2000. "International trade and environmental quality: a survey," Ecological Economics, Elsevier, vol. 32(2), pages 175-194, February.

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