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unprecedented rates, resulting in large reductions in extreme poverty and a significant expansion of the middle class. But more … development quest. The sample includes seven developing countries—Botswana, Ghana, Nigeria, Zambia, India, Vietnam and Brazil —all …
Persistent link: https://www.econbiz.de/10012956929
Large gaps in labor productivity between the traditional and modern parts of the economy are a fundamental reality of … developing societies. In this paper, we document these gaps, and emphasize that labor flows from low-productivity activities to … high-productivity activities are a key driver of development. Our results show that since 1990 structural change has been …
Persistent link: https://www.econbiz.de/10013123689
worsening of various income inequality indexes and we estimate poverty rates and headcounts. We then analyze some of the central …
Persistent link: https://www.econbiz.de/10013223305
, economic growth, and poverty alleviation using a new database on the share of SME labor in the total manufacturing labor force …, we find no evidence that SMEs alleviate poverty or decrease income inequality …
Persistent link: https://www.econbiz.de/10013244121
We document regularities in the distribution of relative incomes and patterns of investment in countries and over time. We develop a quantitative version of the neoclassical growth model with a broad measure of capital in which investment decisions are affected by distortions. These distortions...
Persistent link: https://www.econbiz.de/10013324007
compute world poverty rates by integrating the density function below the poverty lines. The $1/day poverty rate has fallen …
Persistent link: https://www.econbiz.de/10013230367
The conventional wisdom that Africa is not reducing poverty is wrong. Using the methodology of Pinkovskiy and Sala …-i-Martin (2009), we estimate income distributions, poverty rates, and inequality and welfare indices for African countries for the … period 1970-2006. We show that: (1) African poverty is falling and is falling rapidly; (2) if present trends continue, the …
Persistent link: https://www.econbiz.de/10013095077
to underestimate of the rates of growth of real GDP, real personal income, and productivity. That underestimation is … recent slowdown in measured productivity but that subject is discussed briefly …
Persistent link: https://www.econbiz.de/10012959380
and labor productivity are all linked to factor endowments, to one where (endogenous) productivity change embedded in … Spain, a country which had relatively poor productivity growth in agriculture and low living standards prior to 1800, was a … productivity after 1898 …
Persistent link: https://www.econbiz.de/10012760115
leaders. We find strong evidence of technological diffusion but not full convergence; differences in total factor productivity …
Persistent link: https://www.econbiz.de/10013240307