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There is a wide consensus that New Zealand’s productivity has been poor despite the comprehensive market …-oriented reforms of the 1980’s. This consensus is based on estimates of New Zealand’s productivity growth measured either in terms of … GDP per capita or total factor productivity (TFP). TFP is typically computed using growth accounting (i.e., calibrating a …
Persistent link: https://www.econbiz.de/10005556741
It has been noted that failure to meet the target set by government for reducing the head count ratio of child poverty … argument that absolute poverty is not a meaningful idea, this apology for the failure of government to meet poverty targets …
Persistent link: https://www.econbiz.de/10005134612
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 … reduction in poverty as well as an improvement in the income distribution. Highly disaggregated data at the industry level is …
Persistent link: https://www.econbiz.de/10005062638
This paper estimates the effects of trade integration between China and Mercosur on employment. The case of Argentina, in particular, is investigated. Highly disaggregated data at the industry level is used for the first time to estimate labor demand elasticities in order to estimate the effects...
Persistent link: https://www.econbiz.de/10005408025
In a simple theoretical framework, the quality of institutions affects individual’s investment decisions, and hence income levels and distribution. When institutions deteriorates and inequalities increase, the incumbent undertakes redistributive taxation to maintain political support. The...
Persistent link: https://www.econbiz.de/10005412490
terms of their implications for measuring the poverty and distributional effects of poverty reduction strategies. These … different results in absolute terms, we show that potential differences in the measurement of distributional and poverty effects …
Persistent link: https://www.econbiz.de/10005118762
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
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
high regional disparities, varying with the sector. We also find diverse combinations in productivity and unit price of …
Persistent link: https://www.econbiz.de/10005125734
industry in most cases, however, has displayed stagnating productivity growth, in some periods even a fall in productivity …. Does this fast-growing industry with a bad productivity record present a threat to aggregate productivity growth and, hence … its own stagnating productivity growth. Moreover, the industry has not yet exhausted opportunities for tackling existing X …
Persistent link: https://www.econbiz.de/10005412877