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Empirical evidence about income convergence among regions and countries is inconclusive and it is necessary to clarify the economic and institutional conditions for convergence. We investigate movements in the income distribution among regions in an integrated market with high mobility of labor,...
Persistent link: https://www.econbiz.de/10011332311
Thailand has experienced economic growth well above world averages for about 40years. It is a challenge to understand the sources of this high growth path, and inparticular why growth has not slowed down with assumed decreasing returns to capital.We develop an intertemporal general equilibrium...
Persistent link: https://www.econbiz.de/10009446785
This paper provides an empirical test of a principal tenet of fiscal federalism: that spending discretion, when granted to localities, leads to public-sector heterogeneity, with public-good levels adjusting to suit local demands. The test is based on a simple model of partial fiscal...
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The tax structure is important for the income distribution and therefore a key playground for redistributive politics. The standard theory assumes that more unequal income distribution will create a majority for more redistribution (Meltzer and Richard). This study investigates the empirical...
Persistent link: https://www.econbiz.de/10011399685
The paper integrates two mechanisms of economic growth, barriers to international spillovers and skill - biased effects on the income distribution. South Africa is an interestin g case study because of dramatic changes in international barriers over time and policy focus to productivity and...
Persistent link: https://www.econbiz.de/10011533511
Accumulation of education and geographic concentration of educated people in cities are expected to generate urban income growth. New economic geography predicts income divergence across regions. We investigate the dynamic process of accumulating tertiary education and regional income growth in...
Persistent link: https://www.econbiz.de/10011548140
Income taxation may affect the regional allocation of population when prices vary over space. Our contribution is to compare different income tax systems in a migration equilibrium model for Norway using improved measure of regional wage differences. We apply register data of individual wages...
Persistent link: https://www.econbiz.de/10011483150