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Kuznets Curveball: Missing the Regional Strike Zone

Author

Listed:
  • Jeffrey Edwards
  • Anya McGuirk

Abstract

This paper addresses the specification of the econometric models used in the paper “Level of Development, Rate of Economic Growth, and Income Inequality†by Jih Y. Chang and Rati Ram (2000). We find that when accounting for regional heterogeneity, the Kuznets hypothesis no longer holds, and low growth countries no longer have a higher degree of income dispersion over all levels of income than high growth countries.

Suggested Citation

  • Jeffrey Edwards & Anya McGuirk, 2004. "Kuznets Curveball: Missing the Regional Strike Zone," Econ Journal Watch, Econ Journal Watch, vol. 1(2), pages 222-234, August.
    • Handle: RePEc:ejw:journl:v:1:y:2004:i:2:p:222-234
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    Citations

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    Cited by:

    1. Jeffrey Edwards & Anya McGuirk, 2004. "Reply to Chang and Ram: Statistical Adequacy and the Reliability of Inference," Econ Journal Watch, Econ Journal Watch, vol. 1(2), pages 244-259, August.
    2. Jeffrey Edwards, 2005. "The Great Growth Debate: A Statistical Look at Mankiw, Romer, and Weil, versus Islam," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 33(1), pages 71-92, March.
    3. Jih Y. Chang & Rati Ram, 2004. "Rate of Economic Growth, Level of Development, and Income Inequality: Rejoinder to the Reply by Edwards and McGuirk," Econ Journal Watch, Econ Journal Watch, vol. 1(3), pages 465-472, December.
    4. Jih Y. Chang & Rati Ram, 2004. "Response to Edwards and McGuirk: Income Level, Economic Growth, and Inequality: Flawed Methodology and Inaccurate Inference," Econ Journal Watch, Econ Journal Watch, vol. 1(2), pages 235-243, August.

    More about this item

    Keywords

    Kuznets Hypothesis; Statistical Adequacy; Empirical Specification; Hypothesis Testing;
    All these keywords.

    JEL classification:

    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General
    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General

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