1. Growth, Technology and Inter- Industry Earnings Inequality in Manufacturing Evidence from a Selection of OECD Countries, 1970-1990 PEDRO CONCEIÇÃO Center for Innovation, Technology and Policy Research November 21, 2000

2. The Kuznets Hypothesis  Contemporaneous relationship between levels of income per capita and levels of inequality y(t) I(t)

3. The Augmented Kuznets Hypothesis y(t) I(t) I it =a+by it +cy it 2 +dy it 3 +u it

4. Pooled Regressions: Uncondiotioned Kuznets Models

5. Panel Regressions: Uncondiotioned Kuznets Models

6. 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?

7. Panel Regressions: Components of Inequality