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A Restatement of the S-Curve Hypothesis

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  • Tribble, Romie, Jr

Abstract

It is the contention of this paper that Kuznets' inverted U-curve is really an S-curve when one incorporates either times-series or cross-sectional data which allows one to capture both the agriculture-to-manufacturing (ATM) and manufacturing-to-services (MTS) structural transitions during the economic development process. With the use of United States times-series data, this study demonstrates that Kuznets' inverted U-curve is a recurring quadratic reproduced by the inevitable shift in sectoral emphasis occasioned by the ATM and MTS structural transitions. Such changes for high-level per capita GNP countries is best explained graphically by an S-curve. Copyright 1999 by Blackwell Publishing Ltd

Suggested Citation

  • Tribble, Romie, Jr, 1999. "A Restatement of the S-Curve Hypothesis," Review of Development Economics, Wiley Blackwell, vol. 3(2), pages 207-214, June.
    • Handle: RePEc:bla:rdevec:v:3:y:1999:i:2:p:207-14
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    Cited by:

    1. Yang, Yiwen & Greaney, Theresa M., 2017. "Economic growth and income inequality in the Asia-Pacific region: A comparative study of China, Japan, South Korea, and the United States," Journal of Asian Economics, Elsevier, vol. 48(C), pages 6-22.
    2. Oyvat, Cem, 2016. "Agrarian Structures, Urbanization, and Inequality," World Development, Elsevier, vol. 83(C), pages 207-230.
    3. James Alm & Ruslan Grigoryev & Marat Kramin & Timur Kramin, 2016. "Testing Kuznets’ Hypothesis for Russian Regions: Trends and Interpretations," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(2), pages 560-568.
    4. Narain Sinha, 2004. "Growth, Inequality and Structural Adjustment: An Empirical Interpretation of the S-Curve for Indian Economy," ASARC Working Papers 2004-16, The Australian National University, Australia South Asia Research Centre.
    5. Sangheon Lee & Megan Gerecke, 2015. "Economic development and inequality: revisiting the Kuznets curve," Chapters, in: Janine Berg (ed.), Labour Markets, Institutions and Inequality, chapter 2, pages 39-64, Edward Elgar Publishing.
    6. Joseph Deutsch & Jacques Silber, 2001. "The Kuznets Curve and the Impact of Various Income Sources on the Link Between Inequality and Development," Working Papers 2001-03, Bar-Ilan University, Department of Economics.

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