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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.

Suggested Citation

  • 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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    File URL: http://www.gla.ac.uk/media/media_33615_en.pdf
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    References listed on IDEAS

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    1. P. J. Dawson, 1997. "On testing Kuznets' economic growth hypothesis," Applied Economics Letters, Taylor & Francis Journals, vol. 4(7), pages 409-410.
    2. Laszlo Matyas & Laszlo Konya & Lachlan MaCquarie, 1998. "The Kuznets U-curve hypothesis: some panel data evidence," Applied Economics Letters, Taylor & Francis Journals, vol. 5(11), pages 693-697.
    3. Kanbur, Ravi, 2000. "Income distribution and development," Handbook of Income Distribution,in: A.B. Atkinson & F. Bourguignon (ed.), Handbook of Income Distribution, edition 1, volume 1, chapter 13, pages 791-841 Elsevier.
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    7. Deininger, Klaus & Squire, Lyn, 1998. "New ways of looking at old issues: inequality and growth," Journal of Development Economics, Elsevier, vol. 57(2), pages 259-287.
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    13. Ahluwalia, Montek S., 1976. "Inequality, poverty and development," Journal of Development Economics, Elsevier, vol. 3(4), pages 307-342, December.
    14. Li, Hongyi & Squire, Lyn & Zou, Heng-fu, 1998. "Explaining International and Intertemporal Variations in Income Inequality," Economic Journal, Royal Economic Society, vol. 108(446), pages 26-43, January.
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    16. Anand, Sudhir & Kanbur, S. M. R., 1993. "The Kuznets process and the inequality--development relationship," Journal of Development Economics, Elsevier, vol. 40(1), pages 25-52, February.
    17. Andrea Brandolini & Anthony B. Atkinson, 2001. "Promise and Pitfalls in the Use of "Secondary" Data-Sets: Income Inequality in OECD Countries As a Case Study," Journal of Economic Literature, American Economic Association, vol. 39(3), pages 771-799, September.
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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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