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A proper farewell to Kuznets' hypothesi

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  • Luis Angeles

Abstract

The aim of this paper is to offer a more appropriate test of Kuznets "inverted-U" hypothesis than the one routinely used in the literature and implement it using panel and country-by-country regressions. We explore whether countries experiencing large shifts in population from the agri- cultural/rural sector to the urban one are characterized by an evolution of income inequality along the lines discussed by Simon Kuznets in its classical article. Our results show that there is no systematic relationship between income inequality and agricultural employment or rural population.

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  • Luis Angeles, 2007. "A proper farewell to Kuznets' hypothesi," Working Papers 2007_15, Business School - Economics, University of Glasgow.
    • Handle: RePEc:gla:glaewp:2007_15
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    Cited by:

    1. Luis Angeles, 2010. "An alternative test of Kuznets’ hypothesis," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 8(4), pages 463-473, December.

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