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This paper examines the relationship between trade (exports), growth, and inequality, using a panel of 100 countries … of trade (exports) on growth. The findings are that in general trade openness advances growth while inequality reduces … growth. However, when we identify an inequality threshold, we find that inequality is positively associated with growth if …
Persistent link: https://www.econbiz.de/10011418593
What is the relationship between inequality and growth? This question has occupied and fascinated social scientists for … interplay between inequality and economic growth. Inequality might come in many forms: (top) incomes, wages, wealth, land, or … potential for growth to 'take off'. We consider causality running from inequality to growth; hence, the Kuznets hypothesis is …
Persistent link: https://www.econbiz.de/10013204759
Using illustrations from research on inequality, this paper offers evidence on the strengths of 'behavioural synthesis … and relative inequality have evolved from assumptions of income maximization to status-seeking competition, and to … conclude that methodological pluralism, i.e. scientific integration, is necessary when it comes to understanding inequality and …
Persistent link: https://www.econbiz.de/10012651147
Our hypothesis is that Nigeria is going through a process of economic polarization. An analysis of this type is new for Nigeria; the limited availability of comparable data has hindered an investigation that requires data series not too close in time. The present paper tries to overcome this...
Persistent link: https://www.econbiz.de/10010494223
appears feasible with moderate growth rates and fairly mild pro-poor distributional change. …
Persistent link: https://www.econbiz.de/10010280230
Income inequality in Mexico increased between 1989 and 1994; between 1994 and 2006, inequality declined; and, between … 2006 and 2014, inequality was again on the rise. We apply decomposition techniques to analyse the proximate determinants of … labour income inequality and fiscal incidence analysis to estimate the first-order effects of taxes and social spending on …
Persistent link: https://www.econbiz.de/10012146485
institutions, natural resource rents cease to have a negative impact on long-term growth. Institutions in resource-based economies … foster economic growth when voice and accountability are in place; broad-based rule of law is enforced with secure property …
Persistent link: https://www.econbiz.de/10011532389
groups (relative to non-exporters). Wage inequality within exporters is not driven by exporting but rather by characteristics …
Persistent link: https://www.econbiz.de/10011654007
over the past quarter century. It argues that external liberalization led to faster export growth but not to faster GDP or … productivity growth. Growth also became more volatile, reflecting large vulnerabilities to external shocks. Looking forward, it …
Persistent link: https://www.econbiz.de/10010319925
countries, with emphasis on the role of income inequality. The focus is on the period since the early/mid-1990s when growth in … story. While in the majority of countries growth was the major factor behind falling or increasing poverty, inequality …, high initial levels of inequality limit the effectiveness of growth in reducing poverty while growing inequality reduces …
Persistent link: https://www.econbiz.de/10010280101