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The natural resource boom and the uneven fall of the labor share
Dávila, Andrés O.; Fernández, Manuel; Zuleta, Hernando - 2021
We study the effect of the upsurge of natural resources income from the commodity price boom of the 2000s on the functional distribution of income. To do so, we build a general equilibrium model of Dutch disease that characterizes how natural resource windfalls affect equilibrium factor shares....
Persistent link: https://www.econbiz.de/10012596218
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Stages of diversification in a neoclassical world
Batista, Catia; Potin, Jacques - 2013
Recent research has documented a U-shaped industrial concentration curve over an economy's development path. How far can neoclassical trade theory take us in explaining this pattern? We estimate the production side of the Heckscher-Ohlin model using industry data on 44 developed and developing...
Persistent link: https://www.econbiz.de/10010221543
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What matters for environmental quality in the Next-11 countries : economic growth or income inequality?
Padhan, Hemachandra; Haouas, Ilham; Sahoo, Bhagaban; … - 2018
This study uses 1971-2013 panel data to explore the implications of growth, wealth disparities and energy consumption on carbon emissions in a sample of Next-Eleven (N-11) countries. It uses modern econometric techniques to highlight a long-run interplay between selected variables in the carbon...
Persistent link: https://www.econbiz.de/10011816704
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The extractive industry's impact on economic growth in SADC countries
Nhabinde, Simeão; Heshmati, Almas - 2020
The Southern African Development Community (SADC) countries are rich in natural resources and in most of them their extractive industries extract and export natural resources with little industrial processing. This study analyzes the direct and indirect impacts that the extractive industries in...
Persistent link: https://www.econbiz.de/10012266066
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Digital and competing information sources : impact on environmental concern and prospects for cooperation
Udalov, Vladimir; Welfens, Paul J. J. - 2017
the World Value Survey (WVS), the main purpose of our analysis is to investigate the effect of different information …
Persistent link: https://www.econbiz.de/10011641398
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Trade and migration with renewable natural resources : out-of-steady-state dynamics
López, Ramón; Schiff, Maurice W. - 2010
Commodity price increases associated with the entry of China, India and other countries into the world economy has led …
Persistent link: https://www.econbiz.de/10003961657
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International migration with heterogeneous agents : theory and evidence
Brücker, Herbert (contributor);  … - 2006
investigation of the cointegration relationships of German migration stocks and flows since 1967. We find that (i) panel-unit root … migration stocks and the explanatory variables are all I(1) variables, and (ii) the hypothesis of cointegration cannot be … rejected for the stock model. -- international migration ; temporary migration ; panel cointegration …
Persistent link: https://www.econbiz.de/10003376850
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The determinants of crude oil prices : evidence from ARDL and nonlinear ARDL approaches
Ben Salem, Leila; Nouira, Ridha; Jeguirim, Khaled; … - 2022
) approach is used to explore this asymmetry. The use of an asymmetric error correction model with asymmetric cointegration …
Persistent link: https://www.econbiz.de/10013429325
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Trade and capital flows: substitutes or complements? : an empirical investigation
Belke, Ansgar; Domnick, Clemens - 2019
This paper examines the linkages between the trade of goods and financial assets. Do both flows behave as complements (implying a positive correlation) or as substitutes (negative correlation)? Although a classic topic in international macroeconomics, the empirical evidence has remained...
Persistent link: https://www.econbiz.de/10012099470
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Misperceiving inequality
Gimpelʹson, Vladimir E.; Treisman, Daniel - 2015
Since Aristotle, a vast literature has suggested that economic inequality has important political consequences. Higher inequality is thought to increase demand for government income redistribution in democracies and to discourage democratization and promote class conflict and revolution in...
Persistent link: https://www.econbiz.de/10011281602