Showing 1 - 10 of 73
This paper examines the relationship between infrastructure development and income inequality in urban People's Republic of China. Recent policies target reductions in income inequality while increasing sustainable urban development. Infrastructure investment plays a key role in achieving both...
Persistent link: https://www.econbiz.de/10011635237
This paper covers threes issues: first, defining and measuring inclusive growth; second, the relationship between international trade and inequality; and third, the links between infrastructure and inequality. Both international trade and infrastructure make it easier for people to exchange...
Persistent link: https://www.econbiz.de/10010245334
Development economists have considered physical infrastructure to be a precondition for industrialization and economic development. Yet, two issues remain to be addressed in the literature. First, while proper identification of the causal effectiveness of infrastructure in reducing poverty is...
Persistent link: https://www.econbiz.de/10010465408
Since Aristotle, a vast literature has suggested that economic inequality has important political consequences. Higher inequality is thought to increase demand for government income redistribution in democracies and to discourage democratization and promote class conflict and revolution in...
Persistent link: https://www.econbiz.de/10013016396
This paper aims to identify the role of digitalization and infrastructure in two fast-growing Asian economies, namely India and the People's Republic of China (PRC), within the growth framework from1990 to 2019 by using panel 2SLS and the NARDL technique. The results show that internet and...
Persistent link: https://www.econbiz.de/10012500546
This paper explores the challenges created by debt and fiscal stability in countries where major infrastructure investment is proposed. This paper specifically focuses on the Lao People's Democratic Republic (Lao PDR) and the $6 billion Lao PDR-People's Republic of China (PRC) high-speed railway...
Persistent link: https://www.econbiz.de/10012289885
The recent experience of infrastructure investment in the People's Republic of China (PRC) suggests an intertwined relationship between investment, urbanization, and economic growth. In one mechanism, urbanization generates demand for infrastructure investment, which then drives economic growth...
Persistent link: https://www.econbiz.de/10011585947
economies contradict the implicit assumption of standard convergence analysis. To address this issue, we adopt the Markov chain …
Persistent link: https://www.econbiz.de/10012425283
We explore the relationship between the level of village inequality in 1986, and the subsequent growth of household incomes from 1986 to 1999. Using a detailed household-level data set from rural China, we find robust evidence that initial inequality is negatively related to subsequent household...
Persistent link: https://www.econbiz.de/10013317407
We show that σ-convergence in regional productivity growth can be approximated by σ-convergence in sectoral … productivity growth and σ-convergence in structural transformation-led productivity growth. Applying this framework to Japanese … prefecture-level data from 1874 to 2008, we find support for substantial convergence effects of structural transformation in the …
Persistent link: https://www.econbiz.de/10011843800