Technological Progress and the Future of Kuznets Curve's

Inyong Shin, Hyunho Kim and Eiji Yamamura ()

MPRA Paper from University Library of Munich, Germany

Abstract: We use OECD members' data to ascertain that new-born technological inventions increase the degree of inequality but that this declines as the technology disperses into the overall economy (e.g., Galor and Tsiddon, 1997; Weil, 2005). Therefore, we show explicitly that Kuznets curve does not converge to a single inverted U-curve but fluctuates through technological progress as a sine curve.

Keywords: Kuznets curve; Income inequality; Cubic hypothesis; Technological progress (search for similar items in EconPapers)
JEL-codes: E37 I3 O31 (search for similar items in EconPapers)
Date: 2008-09-15
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Citations: View citations in EconPapers (2)

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