Showing 1 - 10 of 1,854
Is inequality largely the result of the Industrial Revolution? Or, were pre-industrial incomes and life expectancies as unequal as they are today? For want of sufficient data, these questions have not yet been answered. This paper infers inequality for 14 ancient, pre-industrial societies using...
Persistent link: https://www.econbiz.de/10005835612
productivity than on the postwar aggregate productivity. However, this is not because the wage differential between the sectors was …
Persistent link: https://www.econbiz.de/10005837067
In this paper, the basics of globalization, the economic reforms initiated in India and the trends in employment and the impact of globalisation are discussed. It is argued that the unorganised workers would expand further due to globalisation. Under the present deprived conditions of...
Persistent link: https://www.econbiz.de/10005622130
This study was conducted to examine the relationship among Economic Growth, Financial and trade Globalization in the Philippines from 1980 to 2011. The study used the Vector Autoregressive VAR (1) model and Granger Causality test. It was found out that the current value of GDP is positively...
Persistent link: https://www.econbiz.de/10011114465
This paper investigates the time-varying correlation between the EU12-wide business cycle and the initial EU12 member-countries based on Scalar-BEKK and multivariate Riskmetrics model frameworks for the period 1980-2012. The paper provides evidence that changes in the business cycle...
Persistent link: https://www.econbiz.de/10012910120
The aim of this paper is to show that the dynamics of Schumpeterian economics, in addition to explain the creation of wealth, also implicitly contain the elements of a theory of relative poverty. It is argued that the German tradition of economics, of which Schumpeter is a part, has always...
Persistent link: https://www.econbiz.de/10011258020
This paper attempts to explain the drastic fall in income experienced by Saami reindeer herders in Northern Norway … reindeer meat, a traditional luxury product in Norway. This paper shows that a review of the literature is supported by …, mainly: cyclical climatic variation in Northern Norway; a system with fixed prices, independent of the variations in supply …
Persistent link: https://www.econbiz.de/10011260854
, open, resource-based economy (Norway). The contributions of the paper are threefold. First, it develops an evolutionary and …
Persistent link: https://www.econbiz.de/10008560062
productivity leads to industrialization under the nonhomothetic preference, whereas it leads to deindustrialization under the …This paper examines industrialization in each country by using a model with a continuum of countries. Our model is … homothetic preference. Second, the widening disparity of manufacturing productivity among countries leads to an increase in the …
Persistent link: https://www.econbiz.de/10009643759
The author provides an alternative for the rationale for South-South trade as a vehicle for industrialization and … industrialization and development of the partner countries for strengthening the role of China as a growth “pole”. He suggest, inter …
Persistent link: https://www.econbiz.de/10008694146