The idea of a nexus between structural transformation and income inequality follows from seminal papers by Simon Kuznets
("Economic Growth and Income Inequality", American Economic Review 45, 1955, and "Quantitative Aspects of the Economic Growth of Nations: VIII.
Even Simon Kuznets
, the economist who practically invented GDP, had doubts about his creation.
Developed in 1934 by economist Simon Kuznets
to help the United States chart an escape from the Great Depression, GDP measures the total value of a country's goods and services over quarters and years.
Schultz, 1979; Milton Friedman, 1976; and Simon Kuznets
, "Immigration of Russian Jews to the United States: Background and Structure," Perspectives in American History 9 (1975): 35-124; John D.
En ese sentido, la de Pipitone puede considerarse--aunque eso conlleve el riesgo de no apreciar la amplitud de sus miras y escamotear sus diversos matices--una vision que desciende del institucionalismo heterodoxo que enarbolaron economistas como Simon Kuznets
, Gunnar Myrdal, John Kenneth Galbraith y Robert Fleilbroner a partir de la decada de 1930 en Estados Unidos (y mucho antes que ellos los llamados "historicistas alemanes", con Friedrich List como uno de sus mas lejanos precursores).
This was first noted, and named, by the economist Simon Kuznets
, Nobel laureate and originator of the principles of national income and product accounting that measure the economic performance of countries (Kuznets, 1971).
During the Great Depression, British economist Colin Clark and American economist, Simon Kuznets
, were charged with producing national income accounts.
The EKC was popularized by Grossman and Krueger (1991) based on a hypothesis made by Simon Kuznets
Well ahead of his time, Simon Kuznets
predicted, The mass application of technological innovations constitutes much of the distinctive substance of modern economic growth.
The starting point is the Kuznets curve, the 1950s idea from Simon Kuznets
that economic growth first raises inequality, before causing it to fall.
This idea is the brainchild of Simon Kuznets
in 1937 and intended to capture all economic production by individuals, companies, and the government in a single measure, which should rise in good times and fall in bad.