Publication details

The Kuznets Inverted-U Hypothesis

Authors

FRANCŮ Lenka HLOUŠEK Miroslav

Year of publication 2015
Type Article in Proceedings
Conference International Conference Hradec Economic Days 2015
MU Faculty or unit

Faculty of Economics and Administration

Citation
Web http://fim.uhk.cz/hed/images/KOMPLET_1_AG.pdf
Field Economy
Keywords Kuznets inverted-U hypothesis; panel data; inequality; economic growth; Gini coefficient
Description In this paper we examine the relationship between income inequality and economic development according to the Kuznets inverted-U hypothesis. The data used are collected from 146 countries, they cover period 1970 – 2011 and are obtained from the World Bank database, the OECD database and Penn World Table. We used three different datasets – time series for Argentina and Brazil, cross-country data and panel data for the whole world. We found evidence of inverted-U shape curve in all estimations.
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