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This paper examines the growth effects of different dimensions of international trade integration-notably, volume … trade dimensions for the region and the traditional sources of growth. Second, it empirically estimates the impact of trade … integration on growth per worker and the sources of growth; that is, growth of capital per worker and total factor productivity …
Persistent link: https://www.econbiz.de/10012051790
findings show rising income levels and decreasing inequality, with the latter being mostly caused by pro-poor growth rather … into a market-oriented economy. This paper offers a comprehensive study of inequality and mobility patterns for Russia … than redistribution. The poorest tercile experienced a growth rate that was more than 10 times that of the richest tercile …
Persistent link: https://www.econbiz.de/10012002184
How large are the estimated gains from trade from a reduction in trade costs in the heterogeneous firms Melitz (M) model compared with the Armington (A) and Krugman (K) models? Surprisingly little is known beyond the one-sector model. This paper analyzes this question using a global trade model...
Persistent link: https://www.econbiz.de/10011929248
This paper analyzes the welfare and distributional impacts of increasing taxes on cigarettes in Georgia. Increasing taxes on tobacco is an effective measure to reduce smoking. According to some estimates, increasing tobacco taxes could save more than GEL 3.6 billion and 53 thousand lives over a...
Persistent link: https://www.econbiz.de/10012228627
This paper characterizes the trade-off between the income gains and the inequality costs of trade using survey data for … gains and the inequality costs of trade liberalization are quantified and the trade-offs between them are assessed using an … inequality costs (gains), which arise because trade tends to exacerbate income inequality: 45 countries face a trade-off, while …
Persistent link: https://www.econbiz.de/10012022290
effects of taxation are seen in the context of the trade-offs between growth, labor formality and equity. The analysis … inequality. To reduce the incidence of low-quality jobs, tax policy interventions should go hand in hand with more effective …
Persistent link: https://www.econbiz.de/10012113993
Is the variation in bilateral trade flows across countries primarily due to differences in the number of exporting firms (the extensive margin) or in the average size of an exporter (the intensive margin)? And how does this affect the estimation and quantitative implications of the Melitz (2003)...
Persistent link: https://www.econbiz.de/10011947522
growth performance over that long period contrasts markedly with that of the past 15 years, when these two economies out …-performed most other high-income countries. This difference in growth performance is due to major economic policy reforms during the …
Persistent link: https://www.econbiz.de/10012246894
countries and thereby adding to inequality across countries in farm household incomes? Are they depressing value added more in … owners of other factors of production, thereby potentially contributing to inequality and poverty within developing countries … a whole. They reveal that, by moving to free markets, income inequality between countries will be reduced at least …
Persistent link: https://www.econbiz.de/10012246928
and global integration for inclusive, export-led growth. Based on this, the current report provides analytical input on …
Persistent link: https://www.econbiz.de/10012644488