Growth-inequality relationship: an analytical approach and some evidence for latin america

• ALVARGONZALEZ, Mercedes ^[1] ; LOPEZ MENENDEZ, Ana Jesús ^[1] ; PEREZ, Rigoberto ^[1]
  1. [1] Universidad de Oviedo

     Universidad de Oviedo

     Oviedo, España

     
• Localización: Applied econometrics and international development, ISSN 1578-4487, Vol. 4, Nº. 2, 2004, págs. 91-108
• Idioma: inglés
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• Dialnet Métricas: 5 Citas
• Resumen

  • The explanation of economic inequality and its relationship to growth has produced a great amount of research. Kuznets (1955) formulated the “inverted-U” hypothesis according to which inequality increases in the initial levels of development to decrease later on, after a certain point of return. This proposition has been the subject of great attention with many theoretical and empirical contributions. In this paper we present an analytical approach to the growth-inequality relationship, including not only the most common measures, but also new indicators based on the information theory.

    The work also includes the estimation of the growth-inequality relationship