Growth, Technology and Inter- Industry Earnings Inequality in Manufacturing Evidence from a Selection of OECD Countries, PEDRO CONCEIÇÃO Center for Innovation, Technology and Policy Research November 21, 2000
The Kuznets Hypothesis Contemporaneous relationship between levels of income per capita and levels of inequality y(t) I(t)
The Augmented Kuznets Hypothesis y(t) I(t) I it =a+by it +cy it 2 +dy it 3 +u it
Pooled Regressions: Uncondiotioned Kuznets Models
Panel Regressions: Uncondiotioned Kuznets Models
In Summary There is strong and robust statistical support for the augmented Kuznets hypothesis Can a Kuznets’ type of argument explain the augmented Kuznets hypothesis?
Panel Regressions: Components of Inequality