Showing 1 - 10 of 188
As labor has become more mobile in today''s world, it is important to understand the income and welfare of nationals … migration, and calculates them using New Zealand data. Growth performance measured by New Zealanders'' income has been clearly …
Persistent link: https://www.econbiz.de/10014399727
This paper examines the dynamic relationship between trade and income. While most economists agree that increased trade … leads to an increase in average income, economic theory is ambiguous about the possible effects on the long-run growth rate … of the economy. Using a dynamic panel data model, the hypotheses of no long-run effects of trade on income and on income …
Persistent link: https://www.econbiz.de/10014404012
Is there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and empirical literature on the complex links between growth, inequality, and poverty, with causation going in both directions. The evidence suggests that growth can be effective in...
Persistent link: https://www.econbiz.de/10012518886
growth, income distribution, and poverty. In this paper, I review theoretical and empirical research on the connections … opportunities and tightens income distribution, primarily by boosting the incomes of the poor. This work implies that financial …
Persistent link: https://www.econbiz.de/10012612328
. Then, it elaborates on more granular tax policy, discussing key choices in the structure of the personal income tax on … labor and capital income, taxes on wealth, the corporate income tax, and consumption taxes. The paper concludes by …
Persistent link: https://www.econbiz.de/10012485968
Persistent link: https://www.econbiz.de/10011282716
We revisit Lipset?s law, which posits a positive and significant relationship between income and democracy. Using … dynamic and heterogeneous panel data estimation techniques, we find a significant and negative relationship between income and … democracy: higher/lower incomes per capita hinder/trigger democratization. Decomposing overall income per capita into its …
Persistent link: https://www.econbiz.de/10009679679
An empirical finding by Gaspar, Jaramillo and Wingender (2016) shows that once countries cross a tax-to-GDP threshold of around 12 3/4 percent, real GDP per capita increases sharply and in a sustained manner over the following decade. In this paper, we attempt via four case studies-Spain, China,...
Persistent link: https://www.econbiz.de/10011716283
Is there a minimum tax to GDP ratio associated with a significant acceleration in the process of growth and development? We give an empirical answer to this question by investigating the existence of a tipping point in tax-to-GDP levels. We use two separate databases: a novel contemporary...
Persistent link: https://www.econbiz.de/10011716284
In the cross section of countries, there is a strong positive correlation between trade and income, and a negative …) identification strategy, and exploit countries' exogenous geographic characteristics to estimate the causal effect of trade on income … and inequality. Our cross-country estimates for trade's impact on real income are consistently positive and significant …
Persistent link: https://www.econbiz.de/10011763524