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An ideal state of development, when viewed with fantasy, is nothing but a state or condition where light touches everybody without refraction. The diagonal line of the Lorenz Curve Framework represents such an ideal condition. In the presence of inequality, however, it deviates or refracts from...
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links on wages between workers from Western, Central–Eastern, and Southern Europe employed in manufacturing and non … pressure on wages in Europe. This effect mainly concerns workers from Western Europe employed in manufacturing and is driven by …, but the pressure of GVC imports on wages in Western Europe is not economically negligible, in particular when inputs are …
Persistent link: https://www.econbiz.de/10011920899
This article examines the overall effect of global value chains (GVCs) on labour market outcomes, namely wages and …-least-squares method. The results indicate that GVC position is negatively correlated both with wages and with employment, while the effect …
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The relationship between climate warming and associated socio-economic development is a central question for environmental economists and social scientists. The scientific literature focusing on the economic effects of climate change is mainly based on the cross-sectional impact of temperature...
Persistent link: https://www.econbiz.de/10012697271
This paper explores the question of structural transformation and income distribution through the eyes of the pioneer in such analysis, Simon Kuznets. It argues that his 1955 paper stands the test of time in providing insights which are relevant to understanding current phenomena like the...
Persistent link: https://www.econbiz.de/10011811420