Publications  Income Distribution
 

 

10. The temporal Kuznets curve. Tables 2 and 3 report regressions designed to test whether the temporal and cross section Kuznets curve are identical, as is usually assumed. They would not be identical if the relationship of income and income distribution has changed over time. Bacha (1977) summarizes the arguments of the (Latin American) structuralist school that benefits of growth in the recent past accrued primarily to the developed countries and the elite in the less developed countries. As a result, the trend toward equality in Western Europe found by Kuznets could now be postponed for an indeterminate period. Conversely one could argue that some of the same socio-political factors which made for greater equality in Europe are felt in the less developed countries at lower per capita incomes.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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