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Kuznets Hypothesis In A Panel Of States

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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 Pesaran, Shin, and Smith (1999), 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 Kuznets (1955). The evidence is robust to a variety of sensitivity tests.

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Informasi Detail

Judul Seri

Contemporary Economic Policy

No. Panggil

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Penerbit

: Western Economic Association International., 2011

Deskripsi Fisik

Contemporary Economic Policy Vol. 29, No. 2, 250–260

Bahasa

English

ISBN/ISSN

14657287

Klasifikasi

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Tipe Isi

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Tipe Media

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Tipe Pembawa

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Edisi

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Subjek

ADMINISTRASI

Info Detail Spesifik

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Pernyataan Tanggungjawab

Asmawati

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