Is rising income inequality far from inevitable during structural transformation? A proposal for an augmented inequality dynamics

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BAEK, Seung Jin;
  • Publisher: Journal of Economics and Political Economy
  • Journal: Journal of Economics and Political Economy (issn: 2148-8347, eissn: 2148-8347)
  • Publisher copyright policies & self-archiving
  • Related identifiers: doi: 10.1453/jepe.v4i3.1296
  • Subject: Economic inequality; Structural transformation; Kuznets curve; Rostow's stages of economic growth; Rawls's difference principle | D63; L15; O10

Abstract. This paper examines whether rising income inequality is the stylised fact for the process of structural transformation by revisiting classical accounts on the transformation-inequality nexus, with a particular focus on Kuznets’s and Rostow’s theories of develo... View more
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