Shin, Inyong and Kim, Hyunho and Yamamura, Eiji (2008): Technological Progress and the Future of Kuznets Curve's.
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Abstract
We use OECD members' data to ascertain that new-born technological inventions increase the degree of inequality but that this declines as the technology disperses into the overall economy (e.g., Galor and Tsiddon, 1997; Weil, 2005). Therefore, we show explicitly that Kuznets curve does not converge to a single inverted U-curve but fluctuates through technological progress as a sine curve.
| Item Type: | MPRA Paper |
|---|---|
| Original Title: | Technological Progress and the Future of Kuznets Curve's |
| Language: | English |
| Keywords: | Kuznets curve; Income inequality; Cubic hypothesis; Technological progress |
| Subjects: | I - Health, Education, and Welfare > I3 - Welfare, Well-Being, and Poverty E - Macroeconomics and Monetary Economics > E3 - Prices, Business Fluctuations, and Cycles > E37 - Forecasting and Simulation: Models and Applications O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O31 - Innovation and Invention: Processes and Incentives |
| Item ID: | 18866 |
| Depositing User: | Inyong Shin |
| Date Deposited: | 25 Nov 2009 21:40 |
| Last Modified: | 26 Sep 2019 11:21 |
| References: | [1] Amos, O. M. 1988, Unbalanced regional growth and regional income inequality in the latter stages of development, Regional Science and Urban Economics, 18 (4), 549-566 [2] Deininger, K. W. and L. Squire, 1996, A New Data Set Measuring Income Inequality, World Bank Economic Review, 10 (3), 565-591 [3] DeNavas-Walt, C. and R. Cleveland, 2002, Money Income in the United States 2001, Current Population Reports 60-218, U.S. Census Bureau. Washington, DC U.S. Government Printing Office [4] Gaolr, O. and D. Tsiddon, 1997, Technological Progress, Mobility, and Economic Growth, American Economic Review, 87 (3), 363-382 [5] Jones, A. F. and D. H. Weinberg, 2000, The Changing Shape of the Nation’s Income Distribution 1947-1998, Current Population Report 60-204, U.S. Census Bureau, June [6] Kuznets, S., 1955, Economic Growth and Income Inequality, American Economic Review, 45 (1), 1-28 [7] Miketa, A., 2004, Economic models of the technological progress and their estimation results for SEDIM, interim draft, Environmentally Compatible Energy Strategies Program, International Institute for Applied Systems Analysis (IIASA), Laxenburg, Austria [8] Tachibanaki, T., 2005, Confronting Income Inequality in Japan - A Comparative Analysis of Causes, Consequences, and Reform, MIT Press [9] UNU-WIDER, 2007, World Income Inequality Database, Version 2.0b May 2007 [10] Weil, D. N., 2005, Economic Growth, Addison-Wesley [11] Weinberg, D. H., 1996, A Brief Look at Postwar U.S. Income Inequality, Current Population Report 60-191, U.S. Census Bureau, June |
| URI: | https://mpra.ub.uni-muenchen.de/id/eprint/18866 |
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