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Does the distribution of income within a country become more equal as it grows richer? This paper uses plausibly exogenous variations in trade-weighted world income and international oil price shocks as instruments for within-country variations in countries real GDP per capita to examine this...
Persistent link: https://www.econbiz.de/10011242187
builds on earlier empirical work that examined correlations between growth downbreaks/duration of growth spells and a range … squarely on the issue of inequality and the sustainability of growth. It will reference the literature that has gained … equality in the income distribution is associated with longer-lived growth spells. Broad redistributive policies are not …
Persistent link: https://www.econbiz.de/10011245899
poverty reduction. First, it examines the structure of economic growth and its proximate determinants in the two countries … economic growth and poverty reduction, particularly focusing on public policy mechanisms to reduce poverty and inequality …. Malaysia, unlike Pakistan, was able to sustain rapid economic growth with equally impressive reduction in poverty because the …
Persistent link: https://www.econbiz.de/10005248163
in terms of faster sustainable growth, poverty reduction, and social progress, however, the region also needs to press …
Persistent link: https://www.econbiz.de/10005252532
We examine the relationship between trade and financial globalization and the rise in inequality in most countries in recent decades. We find technological progress as having a greater impact than globalization on inequality. The limited overall impact of globalization reflects two offsetting...
Persistent link: https://www.econbiz.de/10005263792
of openness on poverty in two components: the effect of openness on average income growth, and the effect on distribution … for a given growth rate. Evidence from a variety of sources (cross-country and panel growth regressions, industry and firm …-level research, and case studies) supports the view that trade openness contributes greatly to growth. Moreover, trade openness does …
Persistent link: https://www.econbiz.de/10005263804
trade from the United States induces productivity growth in developing regions. This spillover capture-aided by absorptive … inequality to decline. The conjoined parameters retard growth's inequality-enhancing effect and thus facilitate long …
Persistent link: https://www.econbiz.de/10005264015
This paper presents a number of facts about growth in Latin America, and shows how critical correlates of growth have …s. The paper then discusses three views of why reforms have not led to higher growth in Latin America: that reforms have …
Persistent link: https://www.econbiz.de/10005264118
This paper contributes to the existing empirical literature on the principal determinants of tax revenue performance across developing countries by using a broad dataset and accounting for some econometric issues that were previously ignored. The results confirm that structural factors such as...
Persistent link: https://www.econbiz.de/10005264219
We introduce non-tradable goods to the Heckscher-Ohlin-Samuelson (HOS) model to study the distributive effects of terms of trade shocks. We show that the employment of resources in activities producing exclusively for the local market induces a crucial association between domestic spending and...
Persistent link: https://www.econbiz.de/10008727799