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Is Kuznets ratio Lorenz consistent?

Yes, the Kuznets ratio is Lorenz consistent as it satisfies four properties. You can read about the Kuznets Curve – Explanation of the Kuznets curve, its Criticisms in the given link.

Further readings:

  1. Inflation in Economy- Types of Inflation, Inflation Remedies [UPSC Notes]
  2. Indian Economy Notes For UPSC Exam [Download PDFs]

Related Links

RBI – Reserve Bank of India [UPSC Indian Economy Notes]

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Wholesale Price Index (WPI) – Indian Economy Notes

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Fiscal Policy in India – Objectives, Components, Fiscal Consolidation, FRBM Act, 2003

Monetary Policy – Objectives, Roles and Instruments (UPSC Indian Economy)

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