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Gimpelson, Vladimir - 2015

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

Regional Economic Growth and Human Capital : The Role of Overeducation

Ramos, Raul - 2009

The paper analyses the link between human capital and regional economic growth in the European Union. Using various indicators of human capital calculated from census microdata, we conclude that the recent economic performance of European regions is associated with an increase in overeducation....

Persistent link: https://www.econbiz.de/10013155541

Inequality and Growth in Rural China : Does Higher Inequality Impede Growth?

Benjamin, Dwayne; Brandt, Loren; Giles, John - 2021

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

The Economic Growth Impact of Hurricanes : Evidence from US Coastal Counties

Strobl, Eric - 2021

We estimate the impact of hurricane strikes on local economic growth rates and how this is reflected in more aggregate growth patterns. To this end we assemble a panel data set of US coastal counties' growth rates and construct a hurricane destruction index that is based on a monetary loss...

Persistent link: https://www.econbiz.de/10013325058

Human Capital, Economic Growth, and Regional Inequality in China

Fleisher, Belton M.; Li, Haizheng; Zhao, Min Qiang - 2021

We study the dispersion in rates of provincial economic- and TFP growth in China. Our results show that regional growth patterns can be understood as a function of several interrelated factors, which include investment in physical capital, human capital, and infrastructure capital; the infusion...

Persistent link: https://www.econbiz.de/10013325091

Subjective Well-Being, Income, Economic Development and Growth

Sacks, Daniel W. - 2011

We explore the relationships between subjective well-being and income, as seen across individuals within a given country, between countries in a given year, and as a country grows through time. We show that richer individuals in a given country are more satisfied with their lives than are poorer...

Persistent link: https://www.econbiz.de/10013132818

Slavery, Education, and Inequality

Bertocchi, Graziella - 2010

We investigate the impact of slavery on the current performances of the US economy. Over a cross section of counties, we find that the legacy of slavery does not affect current income per capita, but does affect current income inequality. In other words, those counties that displayed a higher...

Persistent link: https://www.econbiz.de/10013135634

Solow or Lucas? Testing Speed of Convergence on a Panel of OECD Countries

Arnold, Jens Matthias - 2010

them as regards the relationship between factor shares and speed of convergence. Using cross-country/time-series data, we … specify our growth regression without imposing cross-country homogeneity restrictions on the speed of convergence and short …-run parameters. Indeed, both theoretical models imply that the speed of convergence to the steady state differs across countries due …

Persistent link: https://www.econbiz.de/10013136719

Should Easier Access to International Credit Replace Foreign Aid?

Bandyopadhyay, Subhayu - 2011

We examine the interaction between foreign aid and binding borrowing constraint for a recipient country. We also analyze how these two instruments affect economic growth via non-linear relationships. First of all, we develop a two-country, two-period trade-theoretic model to develop testable...

Persistent link: https://www.econbiz.de/10013119295

Human Capital and Growth : Specification Matters

Sunde, Uwe - 2011

This paper suggests that the weak empirical effect of human capital on growth in existing cross-country studies is partly the result of an inappropriate specification that does not account for the different channels through which human capital affects growth. A systematic replication of earlier...

Persistent link: https://www.econbiz.de/10013120134