Journal of CENTRUM Cathedra. Vol. 02, Issue 02

URI permanente para esta colecciónhttp://54.81.141.168/handle/123456789/194727

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JCC Volume 2 - Issue 2 - 2009
  • Zen and Management Education Phillips, Fred Y; 1
  • Leveraging Champions to Build a Knowledge Management System for the Research and Development and Marketing Interface Caraballo, Ervin; 2
  • Economic Development and Its Effect on Income Distribution: Evidence from Australia Haque, Mohammed; 3
  • Multipliers of the Peruvian Economy 2002 Torres-Zorrilla, Jorge; 4
  • An Assessment of the Potential Capability of Banks in the United Kingdom Banks to Exploit Sociodemographic Change Chaston, Ian; 5
  • Unionized Oligopoly and Outsourcing Melkumian, Arsen V; 6
  • Foreign Direct Investment Patterns in Transition Economies: An Evolutionary Game - Theoretic Perspective of the 1990s Wooster, Rossitza B; 7

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      Economic Development and Its Effect on Income Distribution: Evidence from Australia
      (Pontificia Universidad Católica del Perú. CENTRUM, 2009) Haque, Mohammed
      This study involved investigating the progress of economic development and its effects on income distribution in Australia between 1970 and 2000. Results indicate that Australia exhibited good economic development with increased income inequality. The basis of the estimation of the rate of change and elasticity of income inequality was a new functional form (the double semi-log), using Household Expenditure Survey data. Results illustrate that during high economic growth, income inequality increases. Thus, economic development has a significant positive effect on income distribution even in a developed country such as Australia. This research revisits Kuznets’ hypothesis and shows that the inequality of income can increase at any stage of development, not only in the early stages, which Kuznets originally observed.