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The relationship between growth and equity has been a disputed issue at least since Simon Kuznets [11] described it as U-shaped. Kuznets 's hypoth~sis that as per capita income rises income distribution would first become less equal and then more equal has been supported by a large array of...
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PAPANEKLocation theory must be one of economic theory's least applied branches. The theoretical literature on industrial location is extensive, the empirical evidence sparse. There are many reasons for the gap between theory and evidence. It has proved difficult to measure the impact of location...
Persistent link: https://www.econbiz.de/10010540816
The Lewis and Soligo article [1] includes an estimate of the growth of all "large scale" industry followed by an analysis of the growth rates of the major industry groups: consumer goods, intermediate products, investment and related goods. These two parts of the article are not dependent on...
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1. Pakistan not only has to deal with a cash flow problem, it also has to make the difficult structural adjustment of living within its means, after nearly 50 years of failing to do so. 2. Despite large resource inflows and periods of good economic management Pakistan’s per capita growth has...
Persistent link: https://www.econbiz.de/10005743116