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in the inequality and growth literature. These include growth, openness, wages, and liberalisation. We review the … existing cross-country empirical evidence on the effects of inequality on growth and the extent to which the poorest in society … benefit from economic growth. The linkage between growth, redistribution and poverty is also analysed. In the review of …
Persistent link: https://www.econbiz.de/10010262079
remittances and growth has not been adequately studied. This paper studies one of the links between remittances and growth, in …-constructed dataset for remittances covering about 100 developing countries, we find that remittances boost growth in countries with less …
Persistent link: https://www.econbiz.de/10010267976
Does a country?s level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a … generalised augmented Solow-type growth model, yields some answers to this question. In particular, we show that the impact of … unemployment on productivity growth heavily depends on the influence of human capital in the production function. In the …
Persistent link: https://www.econbiz.de/10010262354
Pooling data for 1905 to 2000, we find no systematic relationship between top income shares and economic growth in a … top decile's income share is associated with a statistically significant 0.12 point rise in GDP growth during the … inequality is permanent, the increase in growth appears to be permanent. However, our estimates imply that it would take 13 years …
Persistent link: https://www.econbiz.de/10010269773
show a significant impact of openness on productivity growth. We find also an effect, significant at the ten per cent level …, of the level of human capital on the level of income but no effect on underlying productivity growth. Our preferred … empirical analysis of economic growth. …
Persistent link: https://www.econbiz.de/10010262187
A real wage rate is a nominal wage rate divided by the price of a good and is a transparent measure of how much of the good an hour of work buys. It provides an important indicator of the living standards of workers, and also of the productivity of workers. In this paper I set out the conceptual...
Persistent link: https://www.econbiz.de/10010282158
Current empirical growth models limit the determinants of country growth to geographic, economic, and institutional … different types of conflict affect country growth rates? It finds that wars slow the economy. Estimates indicate that civil war … reduces annual growth by .01 to .13 percentage points, and high-intensity interstate conflict reduces annual growth by .18 to …
Persistent link: https://www.econbiz.de/10010269690
institutions are highly malleable even in advanced economies, while sustained economic growth could well be deep rooted in …
Persistent link: https://www.econbiz.de/10010290007
This paper examines the relationship between the brain drain and country size, as well as the extent of small states' overall loss of human capital. We find that small states are the main losers because they i) lose a larger proportion of their skilled labor force and ii) exhibit stronger...
Persistent link: https://www.econbiz.de/10010268800
Recent changes in information and communication technologies (ICT) have contributed to a dramatic increase in the integration and interdependence of countries, markets and people. This paper focuses on an increasingly important aspect of globalization, the international movement of people, with...
Persistent link: https://www.econbiz.de/10010269264