Showing 1 - 10 of 320
This paper proposes a possible framework for identifying excessive investment. Based on this method, it finds evidence that some types of investment are becoming excessive in China, particularly in inland provinces. In these regions, private consumption has on average become more dependent on...
Persistent link: https://www.econbiz.de/10013082858
We discuss regional disparities in economic performance and living standards. We first set out some key facts, and provide a conceptual framework to help analyze whether such disparities are efficient, or instead reflect market and/or policy failures. We examine whether policy attempts to reduce...
Persistent link: https://www.econbiz.de/10013243050
minimum electricity consumption is around 14.6°C for the world and it is higher in urban and more industrial areas; and (3 …
Persistent link: https://www.econbiz.de/10013243063
Chile's small open economy with significant mismatch between the production and consumption baskets may be represented by three stylized sectors, a commodity sector, a non-commodity tradable sector, and a non-tradable sector. This paper estimates the effect of copper price shocks on mining,...
Persistent link: https://www.econbiz.de/10012948525
This paper presents a novel framework to estimate the elasticity between nighttime lights and quarterly economic activity. The relationship is identified by accounting for varying degrees of measurement errors in nighttime light data across countries. The estimated elasticity is 1.55 for...
Persistent link: https://www.econbiz.de/10014082217
This paper provides a broad empirical analysis of the determinants of post-conflict economic transitions across the world during the period 1960-2010, using a dynamic panel estimation approach based on the system-generalized method of moments. In addition to an array of demographic, economic,...
Persistent link: https://www.econbiz.de/10013085981
This paper applies the work of Berg and Ostry (2011) to the SACU region, to identify how inequalities have played a role in growth in each of these countries, and elaborates policy options to mitigate the effects of inequalities and foster growth. Lower income inequalities could lead to...
Persistent link: https://www.econbiz.de/10013088730
This paper uses the Shapley Value decomposition technique to assess the factors behind the rise of inequality in China …. It finds that, in many ways, inequality may have been an inevitable by-product of China's investment and export …-led growth model. Between Chinese households, we find that the most important factors explaining income inequality are location …
Persistent link: https://www.econbiz.de/10013075546
The combination of stagnant growth and high levels of income inequality renewed the debate about whether a more even … distribution of income can spur economic activity. This paper tests for cross-country convergence in income inequality and … empirical challenges plaguing the literature. We find that income inequality is converging across countries, and that its impact …
Persistent link: https://www.econbiz.de/10012962147
We show that gender inequality decreases the variety of goods countries produce and export, in particular in low …
Persistent link: https://www.econbiz.de/10012977824