Kuznets curve

E910276

The Kuznets curve is an economic hypothesis proposing an inverted U-shaped relationship between a country's income level and income inequality, where inequality first rises and then falls as development progresses.

All labels observed (2)

Label Occurrences
Kuznets curve canonical 4
environmental Kuznets curve 2

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf economic hypothesis ⓘ
empirical regularity ⓘ
associatedWith modernization theory ⓘ
trickle-down hypothesis ⓘ
linked to: Reaganomics
assumes initial concentration of gains from growth ⓘ
later spread of education and political power ⓘ
shift of labor from agriculture to industry ⓘ
basedOn cross-country data ⓘ
historical data for developed countries ⓘ
criticizedFor assuming universal pattern across countries ⓘ
ignoring political and institutional factors ⓘ
sample selection issues ⓘ
weak empirical support in later data ⓘ
describes relationship between income level and income inequality ⓘ
domain cross-sectional country data ⓘ
long-run time series ⓘ
empiricalStatus contested ⓘ
mixed evidence ⓘ
field development economics ⓘ
economics ⓘ
income distribution ⓘ
labor economics ⓘ
hasVariant environmental Kuznets curve ⓘ
linked to: Kuznets curve
influenced development policy debates ⓘ
research on inequality and growth ⓘ
mathematicalForm nonlinear relationship ⓘ
namedAfter Simon Kuznets ⓘ
notablePublication Economic Growth and Income Inequality ⓘ
policyImplication growth alone may eventually reduce inequality ⓘ
timing of redistribution policies is important ⓘ
proposes inequality first rises then falls with economic development ⓘ
publicationYear 1955 ⓘ
relatedConcept Great U-Turn ⓘ
Piketty’s r > g hypothesis ⓘ
relatesTo Gini coefficient ⓘ
economic development stages ⓘ
economic growth ⓘ
income inequality ⓘ
industrialization ⓘ
structural transformation ⓘ
urbanization ⓘ
shape inverted U ⓘ
suggests inequality decreases at high income levels ⓘ
inequality increases in early development ⓘ
inequality is low at low income levels ⓘ
timePeriodProposed 1950s ⓘ
usedAs framework for analyzing inequality over development ⓘ

How these facts were elicited

Referenced by (6)

Full triples — surface form annotated when it differs from this entity's canonical label.

Simon Kuznets → knownFor → Kuznets curve ⓘ
Simon Kuznets → notableConcept → Kuznets curve ⓘ
environmental economics → usesConcept → environmental Kuznets curve ⓘ
linked to: Kuznets curve
Kuznets curve → hasVariant → environmental Kuznets curve ⓘ
linked to: Kuznets curve
Kuznets swing → relatedTo → Kuznets curve ⓘ
Modern Economic Growth → relatedTo → Kuznets curve ⓘ