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This paper contributes to the debate over the relationship between inequality and growth by proposing that the … disparities in empirical studies derive from the fact that they have not accounted for the level of inequality as a factor that … inequality exert a positive correlation with economic growth while high levels have a negative one. Additionally, and more …
Persistent link: https://www.econbiz.de/10011259019
and negative relationship between inequality and share of nutritional consumption as reflected in the consumption of food …. Finally the paper looks at the empirical relationship between inequality and consumption across districts within states of … India. The hypotheses that inequality impacts consumption patterns via status effect cannot be rejected. In fact the impact …
Persistent link: https://www.econbiz.de/10011259208
Against the background of inconclusive evidence about the inequality–growth relation, this paper suggests that the … level of inequality increases via the human capital channel with credit market imperfections and that this increasing … inequality negatively affects economic growth. We expand the model presented by Galor and Zeira (1993) to represent the fact that …
Persistent link: https://www.econbiz.de/10011259657
This paper was presented to the May 2013 conference of the PostGLobalization Initiative (http://pglobal.org/) in response to a request from the organizers to present suggestions for the policies required to get out of the economic crisis which opened in 2007, and their implications for the...
Persistent link: https://www.econbiz.de/10011260174
This paper was due to be presented to the 2013 conference of the World Association for Political Economy, in Florianopolis, Brasil. In the event, the author was unable to attend. The paper summarises the main conclusions of ten years of research into the Creative Industries in London and the UK,...
Persistent link: https://www.econbiz.de/10011260737
Debate over Growth and Development are quite old in the history of economic thinking. It is argued that development encompasses comprehensive issues like health, education, equality, and liveability while growth is too narrow a concept. This paper analyses the growth and development experience...
Persistent link: https://www.econbiz.de/10005260324
The study of inequality and economic growth to the developing countries are now a days a comprehensive issue since … growth stimulate the standard of living to the poor people and accordingly reduce income inequality.The improvement of … inequality and growth may reduce the social movement to the government and may keep the economic and social integrity amongst the …
Persistent link: https://www.econbiz.de/10009372578
This paper asks whether, and how, the state can solve the present crisis. The method of enquiry is to analyze what it did in the two comparable crises of 1893 and 1929. In each case, a prolonged and structural slowdown in the world economy was followed by financial crisis, a period of turmoil...
Persistent link: https://www.econbiz.de/10008728072
globalization is the fact that it has produced unprecedentedly high levels of inequality or hardships to the poor. Evidence from … from 6.15 to 9.37 percent in the case of China and information technology in the case of India, but the issue of inequality …
Persistent link: https://www.econbiz.de/10008462328
This paper attempts to identify the areas that are still lagging behind other parts of the country in terms of literacy levels and are unable to play their role in the velopment of human capital of the country. The analyses indicate that more than 75 per cent of the districts in the country are...
Persistent link: https://www.econbiz.de/10005790213