A proper farewell to Kuznets' hypothesi
Luis Angeles ()
Working Papers from Business School - Economics, University of Glasgow
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.
Date: 2007-07
New Economics Papers: this item is included in nep-dev
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Persistent link: https://EconPapers.repec.org/RePEc:gla:glaewp:2007_15
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