Kuznets Hypothesis In A Panel Of States

Dong Hyeon Kim; Ho Chuan Huang; Shu Chin Lin

doi:10.1111/j.1465-7287.2010.00218.x

Kuznets Hypothesis In A Panel Of States

Dong Hyeon Kim^*
, Ho Chuan Huang
, Shu Chin Lin

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

30 Citations (Scopus)

Abstract

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)

Original language	English
Pages (from-to)	250-260
Number of pages	11
Journal	Contemporary Economic Policy
Volume	29
Issue number	2
DOIs	https://doi.org/10.1111/j.1465-7287.2010.00218.x
Publication status	Published - 2011 Apr
Externally published	Yes

ASJC Scopus subject areas

General Business,Management and Accounting
Economics and Econometrics
Public Administration

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1111/j.1465-7287.2010.00218.x

Cite this

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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)

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Kuznets Hypothesis In A Panel Of States

Abstract

ASJC Scopus subject areas

UN SDGs

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