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Globalization, Growth and Distribution in Spain 1500-1913

Rosés, Joan R. - 2007

The endogenous growth literature has explored the transition from a Malthusian world where real wages, living standards and labor productivity are all linked to factor endowments, to one where (endogenous) productivity change embedded in modern industrial growth breaks that link. Recently,...

Persistent link: https://www.econbiz.de/10012465599

African Poverty is Falling...Much Faster than You Think!

Sala-i-Martin, Xavier - 2010

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...

Persistent link: https://www.econbiz.de/10012462876

Latin American Growth-Inequality Trade-Offs : The Impact of Insurgence and Independence

Williamson, Jeffrey G. - 2010

Did independence push Latin America down a growth-inequality trade-off? During the late colonial decades, the region completed two centuries of growth unmatched anywhere and inequality reached spectacular heights. During the half century after insurgency and independence, inequality fell steeply...

Persistent link: https://www.econbiz.de/10012462972

The Economic Tragedy of the XXth Century : Growth in Africa

Artadi, Elsa V. - 2003

The dismal growth performance of Africa is the worst economic tragedy of the XXth century. We document the evolution of per capita GDP for the continent as a whole and for subset of countries south of the Sahara desert. We document the worsening of various income inequality indexes and we...

Persistent link: https://www.econbiz.de/10012468832

The Disturbing "Rise" of Global Income Inequality

Sala-i-Martin, Xavier - 2002

We use aggregate GDP data and within-country income shares for the period 1970-1998 to assign a level of income to each person in the world. We then estimate the gaussian kernel density function for the worldwide distribution of income. We compute world poverty rates by integrating the density...

Persistent link: https://www.econbiz.de/10012469810

Growth, Distribution and Demography : Some Lessons from History

Williamson, Jeffrey G. - 1997

forces thought to have an impact on inequality can be offset or reinforced" by demography, skill supply and globalization …. This paper assesses the role of globalization and" demography via mass migrations. Second, why has it taken economists so …

Persistent link: https://www.econbiz.de/10012472568

Globalization and the Great Divergence : Terms of Trade Booms and Volatility in the Poor Periphery 1782-1913

Williamson, Jeffrey G. - 2008

W. Arthur Lewis argued that a new international economic order emerged between 1870 and 1913, and that global terms of trade forces produced rising primary product specialization and de-industrialization in the poor periphery. More recently, modern economists argue that volatility reduces growth...

Persistent link: https://www.econbiz.de/10012464805

Globalization, Convergence and History

Williamson, Jeffrey G. - 1995

years were also ones of economic autarky and 'de-globalization', while the rest were ones of increasing globalization in … world commodity and factor markets, history offers an unambiguous positive correlation between globalization and convergence … causal: the globalization of commodity and factor markets served to play a critical, perhaps the critical, role in …

Persistent link: https://www.econbiz.de/10012473616

Determinants of Long-Term Growth : A Bayesian Averaging of Classical Estimates (BACE) Approach

Doppelhofer, Gernot - 2000

This paper examines the robustness of explanatory variables in cross-country economic growth regressions. It employs a novel approach, Bayesian Averaging of Classical Estimates (BACE), which constructs estimates as a weighted average of OLS estimates for every possible combination of included...

Persistent link: https://www.econbiz.de/10012471000

Why Did the Tariff-Growth Correlation Reverse After 1950?

Clemens, Michael A. - 2002

This paper uses a new database to establish a key finding: high tariffs were associated with fast growth before World War II, while associated with slow growth thereafter. The paper offers some explanations for the sign switch by controlling for novel measures of the changing world economic...

Persistent link: https://www.econbiz.de/10012469529