IDEAS home Printed from https://ideas.repec.org/a/jid/journl/y1998v07i1p4-4.html
   My bibliography  Save this article

What Ever Happened to the Kuznets Curve? Is it Really Upside Down?

Author

Listed:
  • Gerhard Glomm

Abstract

Kuznets (1955) embarked on a research program whose goal was to find the determinants of the long run levels and trends in income inequality and the relationship between income inequality and economic growth. Recently a small body of theoretical work has developed which tries to obtain the inverted U hypothesis as an equilibrium outcome in dynamic general equilibrium model. One of the types of general equilibrium models which can deliver a Kuznets curve is a model which allows for persistent migration out of one sector, e.g. agriculture, into another – e.g. manufacturing. Most industrialized countries have not only experienced shifts from agriculture to manufacturing, but also into services, especially associated with information technologies. This is responsible for the rise in inequality. If such a model of the arrival of new opportunities is correct, we would not expect to find a Kuznets curve, right side up or up-side down. Here we review the empirical evidence regarding the Kuznets curve.

Suggested Citation

  • Gerhard Glomm, 1998. "What Ever Happened to the Kuznets Curve? Is it Really Upside Down?," Journal of Income Distribution, Ad libros publications inc., vol. 7(1), pages 4-4, June.
    • Handle: RePEc:jid:journl:y:1998:v:07:i:1:p:4-4
    as

    Download full text from publisher

    File URL: http://jid.journals.yorku.ca/index.php/jid/article/view/654
    Download Restriction: Some fulltext downloads are only available to subscribers. See JID website for details.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jid:journl:y:1998:v:07:i:1:p:4-4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Timm Boenke (email available below). General contact details of provider: https://edirc.repec.org/data/gyorkca.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.