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Is The Kuznets Curve Still Alive? Evidence From Italian Household Budgets, 1881 1961

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Author Info
Rossi, Nicola
Toniolo, Gianni
Vecchi, Giovanni

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Abstract

We investigate secular changes in the distribution of personal expenditure in Italy. To this end we present a new data set, consisting of 4,370 family-level budgets scattered over the years 1881 1961. Our methodology is innovative for this kind of study. Italy s secular trend proves to have been egalitarian, and to have accelerated in periods of fast output growth. Sectoral, residential, and demographic changes associated with modern economic growth account for a minor part of the observed changes in expenditure distribution, suggesting that other factors, such as wage differentials, play a dominant role in explaining the dynamics of inequality.

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File URL: http://journals.cambridge.org/abstract_S0022050701042024
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Publisher Info
Article provided by Cambridge University Press in its journal The Journal of Economic History.

Volume (Year): 61 (2001)
Issue (Month): 04 (December)
Pages: 904-925
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Handle: RePEc:cup:jechis:v:61:y:2001:i:04:p:904-925_04

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This page was last updated on 2009-12-1.


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