Showing 1 - 10 of 22
fertility decisions and wages. We show that growth increases inequality and fertility differentials controlled for the initial …
Persistent link: https://www.econbiz.de/10005292799
negative relationship between growth and income inequality observed in the cross-country data and the positive relationship … growth rate and increase inequality. Redistributive taxation lowers inequality but blunts the incentive to accumulate … barriers to formality may account for the negative relationship between growth and inequality found in the cross-country data …
Persistent link: https://www.econbiz.de/10005063388
The present work encloses an analysis related to the channels through which income inequality affects economic growth … finding that the fiscal effects of inequality on growth may depend on the government expenditure covariate. Secondly, we … constructed a political instability index using principal components analysis, and look at its influence on income inequality and …
Persistent link: https://www.econbiz.de/10005650466
We examine the impact that financial development had on earnings inequality in Brazil in the 1980’s and 90’s. The … markets had a significant and robust effect in reducing inequality during the period investigated. We suggest that this is not … aimed at the poor, alleviates the high inequality present in Brazil and consequently improves welfare without distorting …
Persistent link: https://www.econbiz.de/10005650458
Privatization was one of the significant public policy adopted by many countries in the last two decades. Previous and recent studies on its efficacy have focused mostly on the gains at the firm and industry levels. Differing from that approach, this paper attempts to reconsider impacts of the...
Persistent link: https://www.econbiz.de/10005650488
The paper focuses on the impact of business related R&D spending on input factor productivity (IFP) using international patent applications as a technology diffusion channel. Considering the relationship amongst research and productivity, international patent pattern reflect the link between the...
Persistent link: https://www.econbiz.de/10005482009
Using a panel data set of countries this paper shows that the inequality-growth relationship follows an ordinary …-U curve during the period 1970-98, in which inequality first decreases and then increases with economic growth. In addition … permanent positive trend. It also indicates that only a few countries reverse inequality in a latter stage and display a maximum …
Persistent link: https://www.econbiz.de/10005482013
More education is good for growth but what kind of education? This paper tries to contribute to this discussion along two dimensions. We try to disentangle the relative growth returns of primary, secondary and tertiary education, while at the same time accounting for heterogeneity in the...
Persistent link: https://www.econbiz.de/10005063392
This paper examines empirically a range of theoretical hypotheses about the determinants of FDI location in a panel data regression framework. The results of the estimation of a gravity model lend support to the proximity-concentration and internalisation hypotheses. Also, the fact that FDI has...
Persistent link: https://www.econbiz.de/10005650487
The effect of income inequality on savings and consumption has remained an open empirical issue despite several decades … of research. Results obtained in this study indicate that income inequality and private consumption are both I(1) non …-stationary variables that are cointegrated, and inequality has had a negative effect on private consumption in Central-European and Nordic …
Persistent link: https://www.econbiz.de/10011123964