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Innovation and Income Inequality

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The paper articulates and tests the hypothesis that innovation is a major factor in the reduction of income inequalities. The relationship between the pace of technological change and the dynamics of income inequalities has been first suggested by Kuznets (1955), but found little elaboration and empirical investigation in the subsequent literature. The evidence of a large data set including advanced countries, such as the US, Canada and the members of the European Union, as well as the newly industrializing BRIC members, in the years 1995-2011, confirms the virtuous circle between technological change and income inequalities.

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  • Antonelli, Cristiano & Gehringer, Agnieszka, 2013. "Innovation and Income Inequality," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201324, University of Turin.
    • Handle: RePEc:uto:dipeco:201324
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    Cited by:

    1. Caiani, Alessandro & Russo, Alberto & Gallegati, Mauro, 2016. "Does Inequality Hamper Innovation and Growth?," MPRA Paper 71864, University Library of Munich, Germany.
    2. Alberto Botta, 2017. "The Complex Inequality–Innovation–Public Investment Nexus: What We (Don’t) Know, What We Should Know and What We Have to Do," Forum for Social Economics, Taylor & Francis Journals, vol. 46(3), pages 275-298, July.
    3. Yu, Fan & Xiao, De & Chang, Meng-Shiuh, 2021. "The impact of carbon emission trading schemes on urban-rural income inequality in China: A multi-period difference-in-differences method," Energy Policy, Elsevier, vol. 159(C).
    4. Caiani, Alessandro & Russo, Alberto & Gallegati, Mauro, 2020. "Are Higher Wages Good For Business? An Assessment Under Alternative Innovation And Investment Scenarios," Macroeconomic Dynamics, Cambridge University Press, vol. 24(1), pages 191-230, January.
    5. Alberto Botta, 2015. "The complex inequality-innovation-public investment nexus: What we (don't) know, what we should, and what we have to do," Working Papers PKWP1506, Post Keynesian Economics Society (PKES).
    6. Botta, Alberto & Caverzasi, Eugenio & Russo, Alberto, 2022. "When complexity meets finance: A contribution to the study of the macroeconomic effects of complex financial systems," Research Policy, Elsevier, vol. 51(8).
    7. Sun, Yang & Easaw, Joshy & Logothetis, Vassilis, 2023. "Assessing the Institutions-Innovation Channel within the Inequality-Growth Nexus," Cardiff Economics Working Papers E2023/21, Cardiff University, Cardiff Business School, Economics Section.
    8. Bukhari, Mahnoor & Munir, Kashif, 2016. "Impact of Globalization on Income Inequality in Selected Asian Countries," MPRA Paper 74248, University Library of Munich, Germany.
    9. Benos, Nikos & Tsiachtsiras, Georgios, 2018. "Innovation and Inequality: World Evidence," MPRA Paper 89217, University Library of Munich, Germany.
    10. Riccardo Leoncini, 2017. "Innovation, inequality and the skill premium," SPRU Working Paper Series 2017-16, SPRU - Science Policy Research Unit, University of Sussex Business School.

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