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A 50 años de la curva de Kuznets: crecimiento económico y distribución del ingreso en Uruguay y otras economías de nuevo asentamiento desde 1870

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  • Luis Bértola Flores

    () (Universidad de la República, Uruguay)

Abstract

This paper tackles the trends in income distribution in Uruguay since circa 1870 on the basis of different sources: relative price movements between 1870-2000 (rental/wage ratios, urban rents/wages, terms of trade), estimates of personal income in main economic sectors (1908-1966) and modern estimates based on household incomes since the 1960s. The results are discussed in relation to the Kuznets curve, widening the perspective through comparisons with other settler societies, such as Argentina, Australia and New Zealand. A common pattern is found: increasing inequality during the first globalization boom, an egalitarian trend since the 1920s and especially during the ISI period, and a new trend with increasing inequality during the second globalization. In Uruguay, no stable correlation is found between growth and income distribution, neither in the long-run, nor during the phases of the Kuznets cycles. KEY Classification-JEL: J31, N16, N30, 015

Suggested Citation

  • Luis Bértola Flores, 2005. "A 50 años de la curva de Kuznets: crecimiento económico y distribución del ingreso en Uruguay y otras economías de nuevo asentamiento desde 1870," Investigaciones de Historia Económica (IHE) Journal of the Spanish Economic History Association, Asociacion Espa–ola de Historia Economica, vol. 3, pages 135-176.
  • Handle: RePEc:ahe:invest:v:3:y:2005:p:135-176
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    More about this item

    Keywords

    Kuznets curve; Income distribution; Development; Sectorial growth;

    JEL classification:

    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • N16 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Latin America; Caribbean
    • N30 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - General, International, or Comparative

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