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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 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

Poverty and Shared Prosperity 2020 : Reversals of Fortune

World Bank (Washington, District of Columbia) - 2020

Previous Poverty and Shared Prosperity reports have conveyed the difficult message that the world is not on track to meet the global goal of reducing extreme poverty to 3 percent by 2030. This edition brings the unwelcome news that COVID-19, along with conflict and climate change, has not merely...

Persistent link: https://www.econbiz.de/10012644321

Weak Instruments in Growth Regressions : Implications for Recent Cross-Country Evidence on Inequality and Growth

Kraay, Aart - 2015

This paper revisits four recent cross-country empirical studies on the effects of inequality on growth. All four studies report strongly significant negative effects, using the popular system generalized method of moments estimator that is frequently used in cross-country growth empirics. This...

Persistent link: https://www.econbiz.de/10012245590

Nonrenewable Resources, Income Inequality and Per Capita GDP : An Empirical Analysis

Scognamillo, Antonio - 2016

This analysis examines the relationship between nonrenewable resource dependence, economic growth and income inequality. It uses a two-equation system in which the Gini index and GDP per capita are the dependent variables and the stock of nonrenewable resources as a share of national wealth-i.e....

Persistent link: https://www.econbiz.de/10012245676

Effects of Income Inequality on Aggregate Output

Brückner, Markus - 2015

Persistent link: https://www.econbiz.de/10012246091

How much does reducing inequality matter for global poverty?

Lakner, Christoph; Mahler, Daniel Gerszon; Negre, Mario; … - 2019

The goals of ending extreme poverty by 2030 and working toward a more equal distribution of income are prominent in international development and agreed upon in the United Nations' Sustainable Development Goals 1 and 10. Using data from 164 countries comprising 97 percent of the world's...

Persistent link: https://www.econbiz.de/10012051829

How Economic Growth Impinges on Income Inequalities?

Alves, José; Coelho, Jose Carlos; Roxo, Alexandre - 2022

Performing a panel data analysis for OECD countries, during the period between 1990 and 2019, this article investigates the relationship between economic growth and income inequalities. The main objective is to understand how the GDP and GNI per capita affect income inequality and how they...

Persistent link: https://www.econbiz.de/10014264446

Global Economic Prospects, January 2020 : Slow Growth, Policy Challenges

World Bank Group - 2020

Global growth is projected to be slightly faster in 2020 than the post-crisis low registered last year. While growth could be stronger if reduced trade tensions lead to a sustained reduction in uncertainty, the balance of risks to the outlook is to the downside. Growth in emerging market and...

Persistent link: https://www.econbiz.de/10012644282

Stronger Headwinds Bring New Challenges for the Government

Morisset, Jacques - 2020

With rising global health and economic concerns, Vietnam economy is expected to be significantly affected, even though the COVID 19 health crisis has been so far contained, with only 240 cases of infected people and no registered death as of early April. The World Bank's GDP growth forecast for...

Persistent link: https://www.econbiz.de/10012647140

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