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- Kuznets_curve abstract "In economics, a Kuznets curve represents graphically the hypothesis advanced by Simon Kuznets in the 1950s and 1960s that as an economy develops, a natural cycle of economic inequality occurs, driven by market forces which at first increase inequality, and then decrease it after a certain average income is attained.One explanation of such a progression suggests that early in development investment opportunities for those who have money multiply, while an influx of cheap rural labor to the cities holds down wages. Whereas in mature economies, human capital accrual, or an estimate of cost that has been incurred but not yet paid, takes the place of physical capital accrual as the main source of growth; and inequality slows growth by lowering education levels because poor people lack finance for their education in imperfect credit-markets.The Kuznets curve implies that as a nation undergoes industrialization – and especially the mechanization of agriculture – the center of the nation’s economy will shift to the cities. As capitalism causes a significant rural-urban inequality gap (the owners of firms would be profiting, while labourers from lagging industries and agriculture production would be losing income), rural populations are expected to decrease as urban populations increase, due to people migrating to cities in search of income. Inequality is then expected to decrease when a certain level of average income is reached and the processes of industrialization – democratization and the rise of the welfare state – allow for the trickle-down of the benefits from rapid growth, and increase the per-capita income. Kuznets believed that inequality would follow an inverted “U” shape as it rises and then falls again with the increase of income per-capita.Kuznets curve diagrams show an inverted U curve, although variables along the axes are often mixed and matched, with inequality or the Gini coefficient on the Y axis and economic development, time or per-capita incomes on the X axis.[citation needed]Since 1991 the environmental Kuznets curve (EKC) has become a standard feature in the technical literature of environmental policy, though its application there has been strongly contested.".
- Kuznets_curve thumbnail Kuznets_curve.png?width=300.
- Kuznets_curve wikiPageExternalLink papers.cfm?abstract_id=1240658.
- Kuznets_curve wikiPageExternalLink the-richer-is-greener-curve.
- Kuznets_curve wikiPageExternalLink happy-earth-day.
- Kuznets_curve wikiPageExternalLink 40795695.
- Kuznets_curve wikiPageExternalLink document.356.aspx.pdf.
- Kuznets_curve wikiPageExternalLink 21tier.html.
- Kuznets_curve wikiPageExternalLink ups%20and%20downs.PDF.
- Kuznets_curve wikiPageID "1458404".
- Kuznets_curve wikiPageRevisionID "606173176".
- Kuznets_curve hasPhotoCollection Kuznets_curve.
- Kuznets_curve subject Category:Economic_inequality.
- Kuznets_curve subject Category:Economics_curves.
- Kuznets_curve subject Category:Environmental_economics.
- Kuznets_curve subject Category:Environmental_social_science.
- Kuznets_curve type Abstraction100002137.
- Kuznets_curve type Attribute100024264.
- Kuznets_curve type Curve113867641.
- Kuznets_curve type EconomicsCurves.
- Kuznets_curve type Line113863771.
- Kuznets_curve type Shape100027807.
- Kuznets_curve comment "In economics, a Kuznets curve represents graphically the hypothesis advanced by Simon Kuznets in the 1950s and 1960s that as an economy develops, a natural cycle of economic inequality occurs, driven by market forces which at first increase inequality, and then decrease it after a certain average income is attained.One explanation of such a progression suggests that early in development investment opportunities for those who have money multiply, while an influx of cheap rural labor to the cities holds down wages. ".
- Kuznets_curve label "Courbe de Kuznets".
- Kuznets_curve label "Curva de Kuznets".
- Kuznets_curve label "Curva di Kuznets".
- Kuznets_curve label "Krzywa Kuznetsa".
- Kuznets_curve label "Kuznets curve".
- Kuznets_curve label "Kuznets-Kurve".
- Kuznets_curve label "Kuznetscurve".
- Kuznets_curve label "倒U曲线".
- Kuznets_curve sameAs Kuznetsova_křivka.
- Kuznets_curve sameAs Kuznets-Kurve.
- Kuznets_curve sameAs Curva_de_Kuznets.
- Kuznets_curve sameAs Courbe_de_Kuznets.
- Kuznets_curve sameAs Curva_di_Kuznets.
- Kuznets_curve sameAs 쿠즈네츠_파동.
- Kuznets_curve sameAs Kuznetscurve.
- Kuznets_curve sameAs Krzywa_Kuznetsa.
- Kuznets_curve sameAs m.053434.
- Kuznets_curve sameAs Q1349471.
- Kuznets_curve sameAs Q1349471.
- Kuznets_curve sameAs Kuznets_curve.
- Kuznets_curve wasDerivedFrom Kuznets_curve?oldid=606173176.
- Kuznets_curve depiction Kuznets_curve.png.
- Kuznets_curve isPrimaryTopicOf Kuznets_curve.
