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Annual income data may provide a misleading indicator of enduring income inequality in societies where there is considerable year-to-year income mobility. Using two rounds of data on households, the paper measures income mobility in the People's Republic of China (PRC) between the early 1990s...
Persistent link: https://www.econbiz.de/10003984751
This paper examines underlying factors that could explain the decline in income inequality in the People's Republic of China (PRC) since 2008 and inquires whether the decline indicates that the PRC's income inequality has peaked following the Kuznets hypothesis. The paper first identifies four...
Persistent link: https://www.econbiz.de/10011579053
In this paper we aim to disentangle how sectoral economic growth affects the size of the middle class, using state-level data of Bolivia from 2000 to 2017 and breaking the three main economic activities into subsectors to attain more-specific results. Because the data from Bolivia are limited,...
Persistent link: https://www.econbiz.de/10012599748
Using international data starting 1957, we construct a sample of cases where fast-growing economies slow down. The evidence suggests that rapidly growing economies slow down significantly, in the sense that the growth rate downshifts by at least 2 percentage points when their per capita incomes...
Persistent link: https://www.econbiz.de/10009301880
Persistent link: https://www.econbiz.de/10010518018
This paper combines development and growth accounting exercises with economic theory to estimate the relative … importance of total factor productivity and the accumulation of factors of production in the economic development performance of … Latin America. The region s development performance is assessed by contrast with various alternative benchmarks, both …
Persistent link: https://www.econbiz.de/10010247133
This study is a first contribution to prioritization across productivity determinant capabilities that attempts to obtain the equivalent of a "shadow price" for each of these capabilities by estimating their impact on the success a country may have in reaching higher income per capita groups....
Persistent link: https://www.econbiz.de/10011457783
This paper combines development accounting exercises with economic theory to assess the importance of total factor … successful development benchmarks are explained by subpar productivity gains rather than slower factor accumulation. The … empirical analysis of the interplay between productivity and accumulation in the process of development suggests that one …
Persistent link: https://www.econbiz.de/10011472124
Persistent link: https://www.econbiz.de/10012244534
Persistent link: https://www.econbiz.de/10011686141