Growth, Technology and Inter- Industry Earnings Inequality in Manufacturing Evidence from a Selection of OECD Countries, 1970-1990 PEDRO CONCEIÇÃO Center.

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Presentation transcript:

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