Growth-inequality relationshipan analytical approach and some evidence for latin america
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1
Universidad de Oviedo
info
ISSN: 1578-4487
Año de publicación: 2004
Volumen: 4
Número: 2
Páginas: 91-108
Tipo: Artículo
Otras publicaciones en: Applied econometrics and international development
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
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