Showing 1 - 10 of 95
. 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
The paper studies regional (spatial) inequality in five most populous countries in the world: China, India, the United … States of America, Indonesia and Brazil in the period 1980-2000. They are all federations composed of entities (states or … issue of overall inequality as perceived by citizens within a nation. China and India show rising inequality in terms of …
Persistent link: https://www.econbiz.de/10005556224
Emphasis on market-friendly macroeconomic and development strategies in recent years has resulted in deleterious effects on growth and well- being, and has done little to promote greater gender equality. This paper argues that the example of East Asia states, which recognized their position as...
Persistent link: https://www.econbiz.de/10005412981
This paper argues that seasonal fluctuations in international trade are large and have non-trivial effects on a country's resource allocation, production, and welfare. Using U.S. quarterly data, we find fluctuations of as much as 43% and 15% for apparel imports and exports respectively, and 7%...
Persistent link: https://www.econbiz.de/10005119255
International economic sanctions appear to be a common and recurring feature of political interactions between states. In particular, the United States is the country which has most frequently applied negative economic sanctions after World War II. In a parallel way, several measures, imposed by...
Persistent link: https://www.econbiz.de/10005119279
Some economists, who favoured free trade, had predicted that world prices would rise after UR agreement and with establishment of WTO, but the factual position is quite different. Since 1995, world whole sale prices of commodities are falling at the rate ranging 1 to 17%. Secondly Indian...
Persistent link: https://www.econbiz.de/10005119291
We examine the consequences of increased economic integration between nations within a region. We adopt Krugman’s economic-geography model in which demand linkages can generate agglomeration of manufacturing activity. Manufacturing labour is assumed to be imperfectly mobile between countries....
Persistent link: https://www.econbiz.de/10005119320
This paper investigates the transmission mechanisms of noise and volatility between economies through trade links, and the effects of synchronization on business cycles. We investigate the transmission of outside noise and the fluctuations that the noise generates. We identify conditions under...
Persistent link: https://www.econbiz.de/10005119350
benefits those owning factors of production with which their economy is relatively well endowed (those with skills in the …
Persistent link: https://www.econbiz.de/10005062586
When relationship-specific investments are necessary for production, under-investment occurs if contracts cannot be enforced. The efficiency loss from under-investment will differ across industries depending on the importance of relationship-specific investments in the production process. As a...
Persistent link: https://www.econbiz.de/10005062601