Revisiting the Kuznets Hypothesis: The Role of HDI and GDP in High and Upper-Middle Income Countries (1990-2018) Using Panel Data
Yazarlar (3)
Arş. Gör. Damla Gökmen Demirci Bartın Üniversitesi, Türkiye
Prof. Dr. Orhan KANDEMİR Kastamonu Üniversitesi, Türkiye
Doç. Dr. Asiye TÜTÜNCÜ Kastamonu Üniversitesi, Türkiye
Makale Türü Açık Erişim Özgün Makale (ESCI dergilerinde yayınlanan tam makale)
Dergi Adı Sosyoekonomi
Dergi ISSN 1305-5577 Wos Dergi Scopus Dergi
Dergi Tarandığı Indeksler ESCI
Makale Dili Türkçe Basım Tarihi 01-2026
Cilt / Sayı / Sayfa 34 / 67 / 403–426 DOI 10.17233/sosyoekonomi.2026.01.17
Makale Linki https://doi.org/10.17233/sosyoekonomi.2026.01.17
UAK Araştırma Alanları
Uygulamalı Makro Ekonometri Panel Veri Ekonometrisi
Özet
This study examines the Kuznets hypothesis in high and upper-middle-income countries from 1990 to 2018 using panel data analysis. Income inequality dynamics are analysed with two economic development indicators: the Human Development Index (HDI) and Gross Domestic Product (GDP) per capita. Two models are built to conduct cointegration analysis and estimate long-run coefficients. The Westerlund and Edgerton (2007) test assesses cointegration, while the Augmented Mean Group (AMG) approach estimates long-term coefficients. Findings indicate a pronounced U-shaped relationship in both country groups and suggest that HDI explains income inequality more effectively than GDP per capita.
Anahtar Kelimeler
Economic Development | HDI | Income Inequality | Kuznets Hypothesis