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This paper shows that deindustrialization is explained primarily by trends internal to the advanced economies. These … explains less than one fifth of deindustrialization in the advanced economies. Moreover, the contribution of North-South trade … to deindustrialization has been mainly through its effects in stimulating labor productivity in Northern manufacturing …
Persistent link: https://www.econbiz.de/10014400831
Financial frictions have been identified as key factors affecting economic fluctuations and growth. But, can institutional reforms reduce financial frictions? Based on a canonical investment model, we consider two potential channels: (i) financial transaction costs at the firm level; and (ii)...
Persistent link: https://www.econbiz.de/10014397491
trajectory of structural transformation. The salient aspects of the current debate on premature deindustrialization and its …
Persistent link: https://www.econbiz.de/10011932306
This paper investigates the deindustrialization and welfare effects of infrastructure aid in developing countries. In …
Persistent link: https://www.econbiz.de/10014400615
referred to as deindustrialization. This paper argues that, contrary to popular perceptions, deindustrialization is not a …-South trade has had very little to do with deindustrialization. The paper also discusses the implications of deindustrialization …
Persistent link: https://www.econbiz.de/10014401273
In this study, we document the decline in income inequality and a convergence in consumption patterns in Brazilian states in a new database constructed from micro data from the national households' survey. We adjust the state-Gini coefficients for spatial price differences using information on...
Persistent link: https://www.econbiz.de/10011748845
indicators will support increased redistribution and reduce income inequality …
Persistent link: https://www.econbiz.de/10012518290
on the demand and supply side have weakened redistribution over time and contributed to a new wave of populism. We …
Persistent link: https://www.econbiz.de/10012518977
-percentile consumption diagnostics that could inform redistribution policies. The proposed framework is illustrated in application to Iraq …
Persistent link: https://www.econbiz.de/10012251293
recent literature suggesting that inequality-reducing redistribution can enhance growth …
Persistent link: https://www.econbiz.de/10014399835