Technological Progress and the Future of Kuznets Curve's

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.

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Year of publication:	2008-09-15
Authors:	Shin, Inyong ; Kim, Hyunho ; Yamamura, Eiji
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	Kuznets curve \| Income inequality \| Cubic hypothesis \| Technological progress

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	I3 - Welfare and Poverty ; E37 - Forecasting and Simulation ; O31 - Innovation and Invention: Processes and Incentives
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008533563