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Flattening the Kuznets Curve
Papanek, Gustav; Kyn, Oldrich - EconWPA - 2005
Empirical study, using regression analysis of the combined cross-section and time series data for 83 countries. The following hypotheses are tested: (1) The Kuznets Curve does not exist. That is, the level of per capita income has no effect on income distribution, once other relevant factors are...
Persistent link: https://www.econbiz.de/10005062481
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The median voter hypothesis, income inequality and income
Milanovic, Branko - EconWPA - 2003
The median voter hypothesis has been central to an extensive literature on consequences of income distribution. For example, it has been proposed that greater inequality is associated with lower growth, because of the greater redistribution that is sought by the median voter when income...
Persistent link: https://www.econbiz.de/10005076939
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Inequality and Growth: Does Time Change Anything
Gobbin, Niko; Rayp, Glenn - EconWPA - 2004
The econometric analysis of economic growth has always been subject to major flaws and shortcomings. Data scarcity and reliability, parameter heterogeneity, omitted variables bias, endogeneity problems, ... have seriously tainted estimation results. In this paper we propose an alternative...
Persistent link: https://www.econbiz.de/10005407640
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Inequality, Growth, and Overtaking
Sugimoto, Yoshiaki - EconWPA - 2005
This research develops a theory about the role of within-country income inequality leading to overtaking in economic performance among countries. The theory captures two opposing effects of inequality on factor accumulation and suggests that the qualitative change in their combined effect is a...
Persistent link: https://www.econbiz.de/10005556070
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Dynamics of Income Distribution
Li, Hongyi; Xie, Danyang; Zou, Heng-fu - EconWPA - 2002
In this paper, we have obtained closed-form solutions in Cass-Koopmans growth models with heterogeneous agents. The relationship between the form of production function and the dynamics of income distribution is made explicit. We then use this relationship to determine what production structure...
Persistent link: https://www.econbiz.de/10005125654
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Inequality-Driven Growth: Unveiling Aggregation Effects in Growth Equations
Albuquerque, Pedro H. - EconWPA - 2005
. The accelerated growth episodes observed in Brazil and China demonstrate that the increase in income inequality may have …
Persistent link: https://www.econbiz.de/10005555988
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Tango with the Dragon: Employment Effects of Trade Integration with China. The Case of Argentina
Castro, Lucio - EconWPA - 2005
This paper estimates the effects of trade integration between China and Mercosur on employment. The case of Argentina … labor demand elasticities in order to estimate the effects of trade with China on the employment rate. According to this …, trade with China did not have a significant effect on industrial employment, even in a period of swift trade liberalization …
Persistent link: https://www.econbiz.de/10005408025
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Trade, Poverty and Employment: The Social Consequences of Integration with China
Castro, Lucio; Saslavsky, Daniel - EconWPA - 2005
This paper estimates the potential effects of a free trade agreement (FTA) between China and Mercosur on poverty … likely effects of an FTA with China on poverty and income distribution. We find that the FTA would result in a small … agreement with China on sectoral and aggregate employment rates. According to this, trade with the PRC did not have a …
Persistent link: https://www.econbiz.de/10005062638
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The medium and long term effects of an expansion of education on poverty in Côte d<92>Ivoire A dynamic microsimulation study
Grimm, Michael - EconWPA - 2004
I use a dynamic microsimulation model to analyse the distributional effects of an expansion of education in Côte d'Ivoire in the medium and long term. The simulations are performed in order to replicate several policies in force or subject to debate in this country. Various hypotheses...
Persistent link: https://www.econbiz.de/10005076938
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Openness and Human Capital as Sources of Productivity Growth: An Empirical Investigation
Söderbom, Måns; Teal, Francis - EconWPA - 2004
Do openness to trade and higher levels of human capital promote faster productivity growth? That they do is a key … 1970-2000 period. Controlling for fixed effects as well as endogeneity, the results show a significant effect of openness … on productivity growth. If the level of openness of an economy is doubled the underlying rate of technical progress will …
Persistent link: https://www.econbiz.de/10005556098