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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

Luis Bertola

Investigaciones de Historia Económica - Economic History Research (IHE-EHR), Journal of the Spanish Economic History Association, 2005, vol. 3, 135-176

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

Keywords: Kuznets curve; Income distribution; Development; Sectorial growth (search for similar items in EconPapers)
Date: 2005
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