On Growth and Income Distribution in a Globalizing World
The basic idea explaining the relationship between economic growth and income distribution is the “U- shaped hypothesis” postulated by Simon Kuznets. This can be shown in a dual-economy model with technical progress. Initially, inequality is low, but as labour participation in the modern sector inc...
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| Format: | Article |
| Language: | English |
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Universidad Nacional de Córdoba
2008-12-01
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| Series: | Revista de Economía y Estadística |
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| Online Access: | https://revistas.unc.edu.ar/index.php/REyE/article/view/3851 |