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The Kuznets inverted-U hypothesis: panel data evidence from 96 countries

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  • John Thornton

Abstract

Regression results from a panel data set of high-quality comparable data on Gini coefficients, income quintiles and real GDP per capita in 96 countries over the postwar period, suggest that the relation between income inequality and development corresponds to an inverted-U, as hypothesized by Kuznets.

Suggested Citation

  • John Thornton, 2001. "The Kuznets inverted-U hypothesis: panel data evidence from 96 countries," Applied Economics Letters, Taylor & Francis Journals, vol. 8(1), pages 15-16.
    • Handle: RePEc:taf:apeclt:v:8:y:2001:i:1:p:15-16
    DOI: 10.1080/135048501750041213
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    1. repec:bla:econom:v:63:y:1996:i:250:p:s103-17 is not listed on IDEAS
    2. Deininger, Klaus & Squire, Lyn, 1996. "A New Data Set Measuring Income Inequality," The World Bank Economic Review, World Bank, vol. 10(3), pages 565-591, September.
    3. Aghion, Philippe & Bolton, Patrick, 1992. "Distribution and growth in models of imperfect capital markets," European Economic Review, Elsevier, vol. 36(2-3), pages 603-611, April.
    4. Robert Summers & Alan Heston, 1991. "The Penn World Table (Mark 5): An Expanded Set of International Comparisons, 1950–1988," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(2), pages 327-368.
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