Kuznets beyond Kuznets: Structural Transformation and Income Inequality in the Era of Globalization in Asia
Structural transformation is a key factor in determining productivity growth and income distribution in Asia.
Simon Kuznets’ views about the inverted-U relationship between inequality and development and the process of structural transformation have long been under the lens of researchers. Over the last 20 years, immense potential for growth in Asia has been facilitated by structural transformation. However, it remains undecided whether the contribution of structural transformation will stay as a crucial factor in determining potential productivity growth and income distribution. This book brings together novel conceptual frameworks and empirical evidence from country case studies on topics related to structural transformation, globalization, and income inequality.
- 1. Introduction by Saumik Paul
- 2. Structural Transformation, Growth, and Inequality in Asia since the 1990s by Saumik Paul
- PART 1. Conceptual Frameworks
- 3. Structural Transformation, Growth Incidence, and Inequality: A Framework by Saumik Paul
- 4. A Framework to Study the Role of Structural Transformation in Productivity Growth and Regional Convergence by Kyoji Fukao and Saumik Paul
- 5. Accounting for Structural Change Patterns in Small Open Economies: A Comparison of Paraguay and the Republic of Korea by Cesar Blanco
- 6. Trade Liberalization, Productivity Growth, and Structural Transformation: A Synthetic Control Approach by Cesar Blanco, Rasyad Parinduri, and Saumik Paul
- Part II. Structural Transformation, Globalization, and Inclusive Growth: Empirics
- 7. Structural Change, Trade, and Inequality: Cross-country Evidence by Rudra Prosad Roy and Saikat Sinha Roy
- 8. Structural Change and Urban Inequality in the People’s Republic of China by Yuan Zhang and Guanghua Wan
- 9. Growth Empirics: Structural Transformation and Sectoral Interdependencies of Sri Lanka by S. P. Jayasooriya
- 10. Structural Transformation and the Dynamics of Income Equality in Indonesia: 1996–2014 by Teguh Dartanto, Edith Zheng Wen Yuan, and Yusuf Sofiyandi
- 11. Structural Transformation, Growth, and Inequality: Evidence from Viet Nam by Vengadeshvaran Sarma and Saumik Paul