Institutional Kuznets curve? An empirical analysis with panel data
The hypothesis that institutions directly influence income distribution has been defended by numerous authors. However, it may be observed that institutions are deteriorating in developed economies, which poses the question: could a phenomenon similar to the Kuznets curve be applied? Using the World...
| Main Authors: | , , , |
|---|---|
| Format: | info:eu-repo/semantics/article |
| Language: | English |
| Published: |
Elsevier
2024
|
| Subjects: | |
| Online Access: | http://hdl.handle.net/10835/15092 https://doi.org/10.1016/j.strueco.2022.08.008 |
| _version_ | 1789406362123370496 |
|---|---|
| author | Martínez Navarro, Diego Amate Fortes, Ignacio Guarnido Rueda, Almudena Oliver Márquez, Francisco José |
| author_facet | Martínez Navarro, Diego Amate Fortes, Ignacio Guarnido Rueda, Almudena Oliver Márquez, Francisco José |
| author_sort | Martínez Navarro, Diego |
| collection | DSpace |
| description | The hypothesis that institutions directly influence income distribution has been defended by numerous authors. However, it may be observed that institutions are deteriorating in developed economies, which poses the question: could a phenomenon similar to the Kuznets curve be applied? Using the Worldwide Governance Indicators’ index of the quality of institutions from the World Bank, and data on per capita GDP from the Maddison project (using a sample of 156 countries in the period of 1996–2015), there appears to be empirical evidence in favour of the existence of an institutional Kuznets curve, using the Prais-Winsten estimation and the Generalised Method of Moments (GMM). |
| format | info:eu-repo/semantics/article |
| id | oai:repositorio.ual.es:10835-15092 |
| institution | Universidad de Cuenca |
| language | English |
| publishDate | 2024 |
| publisher | Elsevier |
| record_format | dspace |
| spelling | oai:repositorio.ual.es:10835-150922024-01-10T14:06:58Z Institutional Kuznets curve? An empirical analysis with panel data Martínez Navarro, Diego Amate Fortes, Ignacio Guarnido Rueda, Almudena Oliver Márquez, Francisco José Institutions and development The hypothesis that institutions directly influence income distribution has been defended by numerous authors. However, it may be observed that institutions are deteriorating in developed economies, which poses the question: could a phenomenon similar to the Kuznets curve be applied? Using the Worldwide Governance Indicators’ index of the quality of institutions from the World Bank, and data on per capita GDP from the Maddison project (using a sample of 156 countries in the period of 1996–2015), there appears to be empirical evidence in favour of the existence of an institutional Kuznets curve, using the Prais-Winsten estimation and the Generalised Method of Moments (GMM). 2024-01-10T14:06:57Z 2024-01-10T14:06:57Z 2022 info:eu-repo/semantics/article Martínez-Navarro, D., Amate-Fortes, I., Guarnido-Rueda, A., & Oliver-Márquez, F. J. (2022). Institutional Kuznets curve? An empirical analysis with panel data. Structural Change and Economic Dynamics, 63, 35-39. 0954-349X http://hdl.handle.net/10835/15092 https://doi.org/10.1016/j.strueco.2022.08.008 en https://www.sciencedirect.com/science/article/pii/S0954349X22001230 Attribution-NonCommercial-NoDerivatives 4.0 Internacional http://creativecommons.org/licenses/by-nc-nd/4.0/ info:eu-repo/semantics/openAccess Elsevier |
| spellingShingle | Institutions and development Martínez Navarro, Diego Amate Fortes, Ignacio Guarnido Rueda, Almudena Oliver Márquez, Francisco José Institutional Kuznets curve? An empirical analysis with panel data |
| title | Institutional Kuznets curve? An empirical analysis with panel data |
| title_full | Institutional Kuznets curve? An empirical analysis with panel data |
| title_fullStr | Institutional Kuznets curve? An empirical analysis with panel data |
| title_full_unstemmed | Institutional Kuznets curve? An empirical analysis with panel data |
| title_short | Institutional Kuznets curve? An empirical analysis with panel data |
| title_sort | institutional kuznets curve? an empirical analysis with panel data |
| topic | Institutions and development |
| url | http://hdl.handle.net/10835/15092 https://doi.org/10.1016/j.strueco.2022.08.008 |
| work_keys_str_mv | AT martineznavarrodiego institutionalkuznetscurveanempiricalanalysiswithpaneldata AT amatefortesignacio institutionalkuznetscurveanempiricalanalysiswithpaneldata AT guarnidoruedaalmudena institutionalkuznetscurveanempiricalanalysiswithpaneldata AT olivermarquezfranciscojose institutionalkuznetscurveanempiricalanalysiswithpaneldata |