Inequality and development: Evidence from semiparametric estimation with panel data

Zhou, X. and Li, Kui-Wai (2011): Inequality and development: Evidence from semiparametric estimation with panel data. Published in: Economic Letters , Vol. 3, No. 113 (December 2100): pp. 203-207.

Abstract

Evidences from nonparametric and semiparametric unbalanced panel data models with fixed effects show that Kuznet’s inverted-U relationship is confirmed when economic development reaches a threshold. The model tests justify semiparametric specification. The integrated net contribution of control variables to inequality reduction is significant.

• Item Type: MPRA Paper
• Language: English
• Keywords: Kuznet’s inverted-U, Semiparametric model, Unbalanced panel data
• Subjects: O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O11 - Macroeconomic Analyses of Economic Development; C - Mathematical and Quantitative Methods > C1 - Econometric and Statistical Methods and Methodology: General > C14 - Semiparametric and Nonparametric Methods: General

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