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Does Trade and Technology Transmission Facilitate Inequality Convergence? An Inquiry into the Role of Technology in Reducing the Poverty of Nations
Das, Gouranga Gopal - 2007
trade from the United States induces productivity growth in developing regions. This spillover capture-aided by absorptive … income inequality to decline. The conjoined parameters retard growth's inequality-enhancing effect and thus facilitate long …
Persistent link: https://www.econbiz.de/10012777769
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Generational Aspects of Inclusive Growth
Baduel, Bénédicte; Ter-Martirosyan, Anna; Isakova, Asel - 2021
Sharing economic benefits equitably across all segments of society includes addressing the specific challenges of different generations. At present, youth and elderly are particularly vulnerable to poverty relative to adults in their middle years. Broad-based policies should aim to foster youth...
Persistent link: https://www.econbiz.de/10013226436
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The Endogenous Skill Bias of Technical Change and Inequality in Developing Countries
Behar, Alberto - 2013
This paper draws on existing empirical literature and an original theoretical model to argue that globalization and skill supply affect the extent to which technology adoption in developing countries favors skilled workers. Developing countries are experiencing technical change that is...
Persistent link: https://www.econbiz.de/10013085139
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R&D, Innovation, and Economic Growth : An Empirical Analysis
Ulku, Hulya - 2006
This paper investigates the main postulations of the Ramp;D based growth models that innovation is created in the Ramp …;D sectors and it enables sustainable economic growth, provided that there are constant returns to innovation in terms of Ramp … markets. Although these results provide support for endogenous growth models, there is no evidence for constant returns to …
Persistent link: https://www.econbiz.de/10012783098
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Technological and Economic Decoupling in the Cyber Era
Garcia-Macia, Daniel; Goyal, Rishi - 2021
economic leadership has heated up, with risks of decoupling that could set back trade and growth and hinder the recovery from …
Persistent link: https://www.econbiz.de/10013252019
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It's Not What You Make, It's How You Use it : Measuring the Welfare Benefits of the it Revolution Across Countries
Bayoumi, Tamim; Haacker, Markus - 2021
This paper analyzes the welfare benefits from falling relative prices of IT (information technology) goods across a wide range of countries. We find, using two separate methodologies and datasets, that welfare benefits mainly accrue to users of IT, not their producers, because of falling...
Persistent link: https://www.econbiz.de/10013317887
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Technological Progress, Artificial Intelligence, and Inclusive Growth
Korinek, Anton; Schindler, Martin; Stiglitz, Joseph - 2022
Advances in artificial intelligence and automation have the potential to be labor-saving and to increase inequality and poverty around the globe. They also give rise to winner-takes-all dynamics that advantage highly skilled individuals and countries that are at the forefront of technological...
Persistent link: https://www.econbiz.de/10013306791
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Assessing Bias and Accuracy in the World Bank-IMF's Debt Sustainability Framework for Low-Income Countries
Berg, Andrew - 2014
The World Bank and the IMF have adopted a debt sustainability framework (DSF) to evaluate the risk of debt distress in Low Income Countries (LICs). At the core of the DSF are empirically-based thresholds for each of five different measures of the debt burden (the “debt threshold approach”...
Persistent link: https://www.econbiz.de/10013055260
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Capital Inflows, Financial Development, and Domestic Investment : Determinants and Inter-Relationships
Luca, Oana - 2012
We examine determinants of, and interactions between, capital inflows, financial development, and domestic investment in developing countries during 2001-07, a period of surging global liquidity and low interest rates. Reductions in the global price of risk and in domestic borrowing costs were...
Persistent link: https://www.econbiz.de/10013102284
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Exogenous Shocks and Growth Crises in Low-Income Countries : A Vulnerability Index
Dabla-Norris, Era - 2013
This paper develops a new index which provides early warning signals of a growth crisis in the event of large external … index. The results show that vulnerabilities to a growth crisis in low-income countries declined significantly from their …
Persistent link: https://www.econbiz.de/10013083626