KUZNETS HYPOTHESIS IN A PANEL OF STATES.
This paper uses a new comprehensive cross-state panel for the United States over the 1945-2004 period to reassess the relationship between income inequality and economic development. By employing the pooled mean group estimator of , it detects a long-run cointegrating association between inequality...
| Publicado en: | Contemporary Economic Policy Vol. 29; no. 2; pp. 250 - 261 |
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| Autores principales: | , , |
| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
Apr2011
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=59813723&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 59813723 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 10743529 CEY jtl: Contemporary Economic Policy issn: 10743529 maglogo: Y pubinfo: dt: Apr2011 vid: 29 iid: 2 pid: 480 pub: Wiley-Blackwell artinfo: ui: 59813723 10.1111/j.1465-7287.2010.00218.x ppf: 250 ppct: 11 formats: fmt: @attributes: type: P size: 527KB tig: atl: KUZNETS HYPOTHESIS IN A PANEL OF STATES. aug: au: KIM, DONG-HYEON HUANG, HO-CHUAN LIN, SHU-CHIN affil: Kim: Assistant Professor, Department of Finance, Providence University; Department of Economics, Dankook University. Phone +886-4-26328001 ext. 13608, Fax +886-4-26311222, Email Huang: Professor, Department of Banking and Finance, Tamkang University. Phone +886-2-26215656 ext. 3337, Fax +886-2-26209654, Email Lin: Department of Economics, Tamkang University, Tamsui 25137, Taipei County, Taiwan; Department of Economics, Kyung Hee University. Phone +886-2-26215656 ext. 3359, Fax +886-2-26209654, E-mail su: United States Income inequality Economic development Polarization (Social sciences) Economic equilibrium Vocational guidance Mathematical models of economics sug: subj: Income inequality Economic development Polarization (Social sciences) Economic equilibrium Vocational guidance United States Vocational Rehabilitation Services Mathematical models of economics ab: This paper uses a new comprehensive cross-state panel for the United States over the 1945-2004 period to reassess the relationship between income inequality and economic development. By employing the pooled mean group estimator of , it detects a long-run cointegrating association between inequality and development (as well as its squared term). Moreover, their relationship is better characterized by a U shape rather than the inverted-U profile asserted by . The evidence is robust to a variety of sensitivity tests. ( JEL C14, C21, O11, O15) pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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