Economic Development, the Family, and Income Distribution: by Simon Kuznets

By Simon Kuznets

This selection of essays via 1971 Nobel Prize winner Simon Kuznets, released posthumously, represents the first matters of his examine at a past due section of his profession, in addition to topics from his prior paintings.

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Economic Development, the Family, and Income Distribution: Selected Essays (Studies in Economic History and Policy: USA in the Twentieth Century)

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Additional info for Economic Development, the Family, and Income Distribution: Selected Essays (Studies in Economic History and Policy: USA in the Twentieth Century)

Sample text

On aggregate growth as reflected in per capita product). Finally, one should note the marked differences among the regions in the decade's growth of product per capita or product per worker. Some elements in these differences may be associated with factors specific to the rather short period covered; others may be due to longer term factors. Thus, the high growth rate in the Asia-Middle East region is probably associated with the petroleum boom that occurred even before the recent sharp rise in oil prices; whereas the high rate of growth in Europe was probably in compensation for the preceding decades of stagnation and war destruction that reached back to the late 1920s and that would find an even more striking illustration in the case of Japan.

8 10. 2 Product per worker 11. ^4 sector 13. /sector 15. 6 B. 2 17. 3 18. 1 19. 8 20. 5 21. 73 22. 183 23. 775 24. 2 A note on production structure and aggregate growth 41 measured or conjectured in the distribution of total product among the relevant recipients units, the differential must have made greater contribution in the higher income less developed regions (such as Latin America) than either in such low-income less developed regions as ESE Asia or in the developed regions. Finally, it is clear from lines 21 and 22 that the intersectoral ratio in product per worker, (/ + S)/A, changed significantly between 1960 and 1970.

Our interest here is in the pattern of the decline in the share of labor force in agriculture, a decline that was widespread from 1950 to 1970 the two decades covered so far by the ILO estimates. Because the treatment of the female labor force varies widely among regions and countries, particularly for female workers in agriculture, we use the estimates for the share of the male labor force alone.

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