A semi-parametric partially linear investigation of the Kuznets' hypothesis

Shu Chin Lin; Ho Chuan (River) Huang; Hsiao Wen Weng

doi:10.1016/j.jce.2006.06.002

A semi-parametric partially linear investigation of the Kuznets' hypothesis

Shu Chin Lin
, Ho Chuan (River) Huang
, Hsiao Wen Weng

Tamkang University

Research output: Contribution to journal › Article › peer-review

24 Scopus citations

Abstract

In contrast to conventional parametric quadratic approaches for analyzing the Kuznets' hypothesis, which states that income inequality rises first but then falls over the cycle of economic development, we apply a semi-parametric partially linear regression to investigate the existence of such an inverted-U relationship between inequality and development. We find overwhelming evidence in support of an inverted-U curve and, thus, confirm the validity of the Kuznets' hypothesis for a large sample of countries. Moreover, our results are robust to different control variables and to an alternative inequality measure. Journal of Comparative Economics 34 (3) (2006) 634-647.

Original language	English
Pages (from-to)	634-647
Number of pages	14
Journal	Journal of Comparative Economics
Volume	34
Issue number	3
DOIs	https://doi.org/10.1016/j.jce.2006.06.002
State	Published - Sep 2006
Externally published	Yes

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 1 No Poverty
SDG 8 Decent Work and Economic Growth
SDG 10 Reduced Inequalities

Keywords

Inverted-U
Kuznets' hypothesis
Partially linear
Semi-parametric regression

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10.1016/j.jce.2006.06.002

Cite this

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title = "A semi-parametric partially linear investigation of the Kuznets' hypothesis",

abstract = "In contrast to conventional parametric quadratic approaches for analyzing the Kuznets' hypothesis, which states that income inequality rises first but then falls over the cycle of economic development, we apply a semi-parametric partially linear regression to investigate the existence of such an inverted-U relationship between inequality and development. We find overwhelming evidence in support of an inverted-U curve and, thus, confirm the validity of the Kuznets' hypothesis for a large sample of countries. Moreover, our results are robust to different control variables and to an alternative inequality measure. Journal of Comparative Economics 34 (3) (2006) 634-647.",

keywords = "Inverted-U, Kuznets' hypothesis, Partially linear, Semi-parametric regression",

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T1 - A semi-parametric partially linear investigation of the Kuznets' hypothesis

AU - Lin, Shu Chin

AU - (River) Huang, Ho Chuan

AU - Weng, Hsiao Wen

PY - 2006/9

Y1 - 2006/9

N2 - In contrast to conventional parametric quadratic approaches for analyzing the Kuznets' hypothesis, which states that income inequality rises first but then falls over the cycle of economic development, we apply a semi-parametric partially linear regression to investigate the existence of such an inverted-U relationship between inequality and development. We find overwhelming evidence in support of an inverted-U curve and, thus, confirm the validity of the Kuznets' hypothesis for a large sample of countries. Moreover, our results are robust to different control variables and to an alternative inequality measure. Journal of Comparative Economics 34 (3) (2006) 634-647.

AB - In contrast to conventional parametric quadratic approaches for analyzing the Kuznets' hypothesis, which states that income inequality rises first but then falls over the cycle of economic development, we apply a semi-parametric partially linear regression to investigate the existence of such an inverted-U relationship between inequality and development. We find overwhelming evidence in support of an inverted-U curve and, thus, confirm the validity of the Kuznets' hypothesis for a large sample of countries. Moreover, our results are robust to different control variables and to an alternative inequality measure. Journal of Comparative Economics 34 (3) (2006) 634-647.

KW - Inverted-U

KW - Kuznets' hypothesis

KW - Partially linear

KW - Semi-parametric regression

UR - https://www.scopus.com/pages/publications/33750625865

U2 - 10.1016/j.jce.2006.06.002

DO - 10.1016/j.jce.2006.06.002

M3 - Article

AN - SCOPUS:33750625865

SN - 0147-5967

VL - 34

SP - 634

EP - 647

JO - Journal of Comparative Economics

JF - Journal of Comparative Economics

IS - 3

ER -

A semi-parametric partially linear investigation of the Kuznets' hypothesis

Abstract

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Keywords

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