Showing 1 - 10 of 16
percent. Average productivity growth in EMDEs has picked up rapidly since 2000, renewing interest in the convergence … rate of convergence remains low, with current growth differentials halving the productivity gap only after over 100 years …. Behind the low average pace of convergence lies considerable diversity among groups of countries converging toward different …
Persistent link: https://www.econbiz.de/10012297202
This paper reviews the determinants of Latin America's uneven growth based on an accounting decomposition that breaks down countries' growth (relative to the world) into three trade-related channels: (i) an export pull measuring the traction exerted by the country's exports, (ii) an external...
Persistent link: https://www.econbiz.de/10012051845
This paper exploits a novel municipal-level data set to explore patterns of convergence in income and poverty in Mexico … evidence of income and poverty convergence at the municipal level. The findings suggest that these convergence processes stem …
Persistent link: https://www.econbiz.de/10012121224
This paper provides new empirical insights on the joint distribution of consumption, income, and wealth in three of the … transmission from income to consumption inequality, which suggests the presence of powerful institutions that favor consumption …
Persistent link: https://www.econbiz.de/10012246006
incumbents. The analysis verifies that these shocks - which reduce consumption growth - are associated with worsening performance …
Persistent link: https://www.econbiz.de/10012257010
surveys that try to measure expenditures on a comprehensive consumption aggregate. This paper investigates the use of … consumption "sub-aggregates" instead. The use of consumption sub-aggregates is theoretically justified if and only if all the … consumption measures remains an unmet challenge …
Persistent link: https://www.econbiz.de/10012257297
The report and the summary review the recent economic and fiscal performance of Mongolia; outline current medium-term prospects of Mongolia's economy; discuss short-term risks and structural vulnerabilities; and comment on the efficiency of past public investment programs and practices
Persistent link: https://www.econbiz.de/10012645411
What is the real character of fiscal policy? Is it expansionary or restrictive? Is it pro-cyclical or does it have stabilization effects? Policymakers and economic analysts need to be able to ascertain fiscal policy effort. As the actual budget balances are affected both by cyclical factors and...
Persistent link: https://www.econbiz.de/10012645451
Persistent link: https://www.econbiz.de/10012246115
This paper presents estimates of the effects that terms of trade volatility has on growth of real gross domestic product per capita. Based on five-year non-overlapping panel data comprising 175 countries during 1980-2010, the paper finds that: (i) in model specifications that do not include...
Persistent link: https://www.econbiz.de/10012246606