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Perfil de Coyuntura Económica
On-line version ISSN 1657-4214
Abstract
GUARIN G., Arlen Yahir; CARDENAS M., Jonathan and CUARTAS R., Daniel. Kuznets curve: an analysis of panel data for the period 1989-2006. Perf. de Coyunt. Econ. [online]. 2012, n.20, pp.41-55. ISSN 1657-4214.
The paper contrasts the Kuznets inverted U hypothesis between output growth and inequality levels, using data from 40 countries for the period 1989-2006. This is achieved by performing a dynamic panel data estimation, using as an instrument the first lag of the variables. The results validated the hypothesis of the existence of a Kuznets curve for the period and the countries studied.
Keywords : Kuznets Curve; inequality; dynamic panel data.