The Kuznets Inverted-U Hypothesis

FRANCŮ, Lenka and Miroslav HLOUŠEK. The Kuznets Inverted-U Hypothesis. In International Conference Hradec Economic Days 2015. Hradec Králové: University of Hradec Králové. p. 140-145. ISBN 978-80-7435-549-3. 2015.

Basic information

• Original name: The Kuznets Inverted-U Hypothesis
• Authors: FRANCŮ, Lenka (203 Czech Republic, guarantor, belonging to the institution) and Miroslav HLOUŠEK (203 Czech Republic, belonging to the institution).
• Edition: Hradec Králové, International Conference Hradec Economic Days 2015, p. 140-145, 6 pp. 2015.
• Publisher: University of Hradec Králové

Other information

• Original language: English
• Type of outcome: Proceedings paper
• Field of Study: 50200 5.2 Economics and Business
• Country of publisher: Czech Republic
• Confidentiality degree: is not subject to a state or trade secret
• Publication form: electronic version available online
• WWW: URL
• RIV identification code: RIV/00216224:14560/15:00082354
• Organization unit: Faculty of Economics and Administration
• ISBN: 978-80-7435-549-3
• Keywords in English: Kuznets inverted-U hypothesis; panel data; inequality; economic growth; Gini coefficient
• Tags: International impact, Reviewed

Abstract

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.

Links

• MUNI/A/0844/2013, interní kód MU: Name: Analýza transformujících se ekonomik - vývoj institucionálního prostředí a jeho důsledky pro reálnou ekonomiku (Acronym: Analýza transformujících se ekonomik)

Investor: Masaryk University, Category A