Under the Kuznets Curve hypothesis, as an economy develops, income inequality increases initially during early development or industrialization phases and then tends to decline as the country attains a higher level of GDP per capita. Thus, inequality follows an...
CITATION STYLE
Nuroglu, E., & Kunst, R. M. (2018). Kuznets and Environmental Kuznets Curves for Developing Countries. In Industrial Policy and Sustainable Growth (pp. 175–188). Springer Singapore. https://doi.org/10.1007/978-981-10-5741-0_12
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