Technology Adoption and Inequality: Empirical Evidence from a Selection of OECD Countries

@inproceedings{Conceio2000TechnologyAA,
  title={Technology Adoption and Inequality: Empirical Evidence from a Selection of OECD Countries},
  author={Pedro Conceiç{\~a}o and James K. Galbraith},
  year={2000}
}
Simon Kuznets proposed a broad hypothesis on the process of development, suggesting that economic progress, in the early stages of the industrialization of a country, is accompanied by increasing inequality, but that these disparities tend to disappear as the industrialization process deepens and the benefits of development are more widely distributed. This conjecture is inconsistent with observed patterns of inequality in the 1970s and 1980s, when inequality accelerated in the US and UK… CONTINUE READING