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    题名: Kuznets Hypothesis in a Panel of States
    作者: Kim, Dong-Hyeon;Huang, Ho-Chuan;Lin, Shu-Chin
    贡献者: 淡江大學經濟學系
    日期: 2012-01-01
    上传时间: 2012-09-14 11:54:04 (UTC+8)
    出版者: Hoboken: Wiley-Blackwell Publishing, Inc.
    摘要: This paper uses a new comprehensive cross-state panel for the United States over the 1945–2004 period to reassess the relationship between income inequality and economic development. By employing the pooled mean group estimator of Pesaran, Shin, and Smith (1999), it detects a long-run cointegrating association between inequality and development (as well as its squared term). Moreover, their relationship is better characterized by a U shape rather than the inverted-U profile asserted by Kuznets (1955). The evidence is robust to a variety of sensitivity tests. (JEL C14, C21, O11, O15)
    關聯: Contemporary Economic Policy 29(2), pp.250-260
    DOI: 10.1111/j.1465-7287.2010.00218.x
    显示于类别:[財務金融學系暨研究所] 期刊論文

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