Showing 1 - 10 of 14
Although natural disasters have been found to influence economic growth, their impact on income inequality has not yet been explored. This paper uses cross-country panel data during the period 1965 to 2004 to examine how the occurrence of natural disasters has affected income inequality. The...
Persistent link: https://www.econbiz.de/10011107320
Despite over three decades of Liberalisation policies in Africa, income-inequality has stayed persistently high. Using updated panel data of 26 African countries spanning the period 1996-2010, this study examines the effect of liberalisation policies with particular focus on financial, trade,...
Persistent link: https://www.econbiz.de/10011258091
This paper examines the cubic form hypothesis and the flying geese pattern hypothesis of income distribution. We use time series data for the Gini coefficients of Korea for 1961-2006 and panel data calculated based on a household income survey for the period 1998-2003. We show; (1) The Korean...
Persistent link: https://www.econbiz.de/10005836374
We use OECD members' data to ascertain that new-born technological inventions increase the degree of inequality but that this declines as the technology disperses into the overall economy (e.g., Galor and Tsiddon, 1997; Weil, 2005). Therefore, we show explicitly that Kuznets curve does not converge...
Persistent link: https://www.econbiz.de/10008533563
The ageing of populations and hampering economic growth increase pressure on public fi-nances in many advanced capitalist societies. Consequently, governments have adopted pen-sion reforms in order to relieve pressure on public finances. These reforms have contributed to a relative shift from...
Persistent link: https://www.econbiz.de/10009277869
This paper present empirical evidence on how financial development is related to income distribution in a panel data set covering 22 African countries for the period between 1990 to 2004. A dynamic panel estimation technique (GMM) is employ and the findings indicate that income inequality...
Persistent link: https://www.econbiz.de/10008685525
The first two sections of the paper are devoted to a combination of Kuznets and structuralist stories, where we ask how the agricultural/nonagricultural terms of trade and income distribution must adjust to permit both savings and investment and commodity market balance to be assured. It will be...
Persistent link: https://www.econbiz.de/10005620055
The paper studies a two-region economy , with two sectors and three factors of production : oil, capital and labor . The South exports oil in exchange for industrial goods from the North . There is a net capital inflow to the South . This equals the difference between its export revenues and...
Persistent link: https://www.econbiz.de/10005621716
For any intransitive community preference, we construct a non-convex economy where all the marginal cost pricing general equilibria are Pareto inefficient (theorem 3.2). The result is valid without requiring a fixed income distribution rule (corollary 3.3). Intransitive community preferences are...
Persistent link: https://www.econbiz.de/10005623380
This paper analyses both the basic assumptions and the results of the better known and widely used global models - specifically, the UN world model, the RIO (Reshaping the International Order) model and the Bariloche model - in relation to basic needs and to North-South interdependence. The...
Persistent link: https://www.econbiz.de/10005626868