relatively poor for both rural and urban areas across the states of India. The hypotheses that inequality impacts consumption …

theory involving capital and labour without neo-classical assumptions. Interestingly the growth story of the model seems to … be observationally equivalent to the Solow (1956) model of steady state growth. It can easily and effectively reflect on … critical contemporary issues without the ammunitions of a more complex neo-classical system. Trade pampers inequality all …

This paper revisits the relationship between international trade and economic growth. We measure trade openness indices … in explaining growth gains from trade. Using sectoral level data from WORLD KLEMS Database on industrial productivity and … growth. Openness in terms of final consumer goods turns out to be insignificant in most specifications. We also estimate …

The purpose of this research study has been to expand our understanding of the finance-growth "nexus" to finance-growth-inequality … data for two rounds the study attempts to assess the co-evolution of finance-growth-inequality in an intertemporal … is obtained from banks or lower if the household lives below poverty line. The same also holds for the rate of growth of …

specialization and trade on growth and inequality for a small developing country. Among other results, we show that a small … intermediate good, then embed it in a growth model to address the effects of global production fragmentation, vertical … is skilled-labor scarce. We also address the effects of such trade opening on wage inequality. …

and economic growth, this paper revisits the question using a Bayesian Model Averaging approach. The analysis suggests …, there is no robust link, neither positive, nor negative, between output growth and fiscal federalism (measured as sub …

facto JI focusing on countries actually experience. Whether JI affects economic growth is tested for a cross section of 57 … countries. While de iure JI does not have an impact on real GDP growth per capita growth, de facto JI positively influences it. …

the aim of achieving regional convergence, they should have a positive effect on economic growth. However, it is equally … possible that transfers perpetuate under-development by diminishing regional incentives to implement growth-enhancing policies …. In this paper, we study empirically the effect of intergovernmental transfers on economic growth using the German …

strongly con-firms previous results that de jure JI is not systematically related to economic growth, but de facto JI is highly … significantly and robustly correlated with growth. In addition, we show that the effect of de facto JI depends on the institutional …

decentralization on economic growth. Much of the traditional literature focuses on the efficiency aspects of a decentralized provision … of public services. However, decentralization may also increase growth by raising the ability of the political system to … empirical literature on decentralization and economic growth. Based on our survey, we identify open questions and discuss …