Showing 1 - 10 of 611
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
In recent years, the private sector has been recognized as a key engine of Africa's economic development. Yet, the most … sector countries are concentrated in Western Africa (Cote d'Ivoire, Guinea, Niger, Senegal and Togo), Central Africa … (Cameroun, Republic of Congo) and Eastern Africa (Kenya, Sudan, Uganda and Tanzania), with the addition of Mauritius. Countries …
Persistent link: https://www.econbiz.de/10009529151
Demographic and Health Surveys (DHS) for Africa. Results suggest inequality between countries tends to be higher when the share of … inequality in Africa. Other factors correlated strongly with inequality reduction include human capital which tend to have large … and significant income or asset equalizing effect in Africa, particularly at higher level of education. Growth in …
Persistent link: https://www.econbiz.de/10012704919
This paper explores the question of structural transformation and income distribution through the eyes of the pioneer in such analysis, Simon Kuznets. It argues that his 1955 paper stands the test of time in providing insights which are relevant to understanding current phenomena like the...
Persistent link: https://www.econbiz.de/10011631507
providing evidence of a resource curse. Extractive industries in South Africa, Botswana, and Namibia have positive direct …
Persistent link: https://www.econbiz.de/10012266066
With the year 2015 - the MDG finishing line - approaching, post-2015 goals as they impact Africa need to be firmed. The … promote shared prosperity in every society. We examine feasibility of these objectives for Sub-Saharan Africa, the world … rate, especially if in part achieved by lowering inequality, the Africa region would meaningfully contribute to the global …
Persistent link: https://www.econbiz.de/10010345542
We present a model in which two of the most important features of the long-run growth process are reconciled: the massive changes in the structure of production and employment; and the Kaldor facts of economic growth. We assume that households expand their consumption along a hierarchy of needs...
Persistent link: https://www.econbiz.de/10011410954
Decarbonizing economies is an enormous task. Public debate often focuses on the job loss of workers in fossil industries. Why is job loss costly? Who is most affected? Can delaying transition reduce welfare costs? What other policy instruments may be available? We present a simple job search...
Persistent link: https://www.econbiz.de/10012550225
This paper investigates the effect of firm-level investment on the levels of income inequality and poverty. Using a sample of firms from 87 countries for the period from 1979 to 2018, we document that firm-level investment is negatively associated with various measures of income inequality. This...
Persistent link: https://www.econbiz.de/10013433227
We revisit the role of Capital Fundamentalism, in the context of the Government of Indonesia's Inpres Desa Tertinggal (IDT or Left Behind Village) Program, which injected capital into poor village economies. We evaluate the impact of the program on village welfare and structural transformation...
Persistent link: https://www.econbiz.de/10012549818