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Government Spending and Tax Revenue Decentralization and Public Sector Efficiency : Do Natural Disasters Matter?

Afonso, António; Jalles, João Tovar; Venâncio, Ana - 2023

empirically link the public sector efficiency scores, to tax revenue and spending decentralization. First, we compute government … estimate the effect of decentralization on public sector efficiency and how extreme natural disasters mediate this relationship …. The sample covers 36 OECD countries between 2006 and 2019. Our results show that tax revenue decentralization decreases …

Persistent link: https://www.econbiz.de/10014356487

Inequality and Growth : What Can the Data Say?

Banerjee, Abhijit V. - 2000

This paper describes the correlations between inequality and the growth rates in cross-country data. Using non-parametric methods, we show that the growth rate is an inverted U-shaped function of net changes in inequality: Changes in inequality (in any direction) are associated with reduced...

Persistent link: https://www.econbiz.de/10012470957

Inequality Undermines Democracy and Growth

Gylfason, Thorvaldur - 2019

Income equality and trust seem to go along with several other ingredients of social capital as determinants of economic growth across the globe. In a large sample of countries, equality in the distribution of income as measured by the World Bank and by The Standardized World Income Inequality...

Persistent link: https://www.econbiz.de/10012892099

Mismatch and Assimilation

Wang, Ping - 2018

Income disparity across countries has been large and widening over time. We develop a tractable model where factor requirements in production technology do not necessarily match a country's factor input profile. Appropriate assimilation of frontier technologies balances such multi-dimensional...

Persistent link: https://www.econbiz.de/10012480613

SMEs, Growth, and Poverty

Beck, Thorsten - 2005

This paper explores the relationship between the relative size of the Small and Medium Enterprise (SME) sector, economic growth, and poverty alleviation using a new database on the share of SME labor in the total manufacturing labor force. Using a sample of 45 countries, we find a strong,...

Persistent link: https://www.econbiz.de/10012467461

The Disturbing "Rise" of Global Income Inequality

Sala-i-Martin, Xavier - 2002

We use aggregate GDP data and within-country income shares for the period 1970-1998 to assign a level of income to each person in the world. We then estimate the gaussian kernel density function for the worldwide distribution of income. We compute world poverty rates by integrating the density...

Persistent link: https://www.econbiz.de/10012469810

Technological Diffusion, Conditional Convergence, and Economic Growth

Bloom, David E. - 2002

Technological diffusion implies a form of 'conditional convergence' as lagging countries catch up with technological leaders. We find strong evidence of technological diffusion but not full convergence; differences in total factor productivity (TFP) persist even in the long run due to differences...

Persistent link: https://www.econbiz.de/10012470002

Growth, Distribution and Demography : Some Lessons from History

Williamson, Jeffrey G. - 1997

If we have learned anything from the recent outpouring of empirical growth equations is that life is far too complex to expect unconditional' convergence among all countries and at" all times. This fact motivates two questions. First, why has it taken economists so long to learn" the same lesson...

Persistent link: https://www.econbiz.de/10012472568

The Poverty of Nations : A Quantitative Exploration

Chari, V. V. - 1996

We document regularities in the distribution of relative incomes and patterns of investment in countries and over time. We develop a quantitative version of the neoclassical growth model with a broad measure of capital in which investment decisions are affected by distortions. These distortions...

Persistent link: https://www.econbiz.de/10012473450

Income Distribution, Political Instability, and Investment

Alesina, Alberto - 1993

This paper successfully tests on a sample of 70 countries for the period 1960-85 the following hypotheses. Income inequality, by fueling social discontent, increases socio-political instability. The latter, by creating uncertainty in the politico-economic environment, reduces investment. As a...

Persistent link: https://www.econbiz.de/10012474459

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