Showing 1 - 10 of 560
China has been the most rapidly growing economy in the world over the past 25 years. This growth has fueled a … inevitable as China introduced a market system, but inequality may have been exacerbated rather than mitigated by a number of …. The inability to sell or mortgage rural land has further reduced opportunities. China has a uniquely decentralized fiscal …
Persistent link: https://www.econbiz.de/10012747720
This paper uses the night lights (satellite imagery from outer space) approach to estimate growth in and levels of subnational 2013 gross domestic product for 47 counties in Kenya and 30 districts in Rwanda. Estimating subnational gross domestic product is consequential for three reasons. First,...
Persistent link: https://www.econbiz.de/10012970754
This paper defines economic inclusion as the ability of all people, including the disadvantaged, to share in economic gains, that is, the conditions that allow for broadly shared prosperity. Beyond the ?right? to access consumption in cities, and beyond relatively standardized safety net...
Persistent link: https://www.econbiz.de/10012971543
This paper focuses on three interrelated questions on urbanization and the geography of development. First, although we herald cities with their industrial bases as "engines of growth," does industrialization in fact drive urbanization? While such relationships appear in the data, the process is...
Persistent link: https://www.econbiz.de/10012973214
especially in populous countries, counteracted by catch-up growth in average incomes, particularly in China. Interpersonal …
Persistent link: https://www.econbiz.de/10012962321
An extensive literature on poverty traps suggests that high levels of poverty deter growth. However, a seemingly basic implication of the underlying theoretical models, namely that countries suffering from higher levels of poverty should grow less rapidly, has remained untested. A parallel...
Persistent link: https://www.econbiz.de/10012911547
The paper assesses the impact of overall inequality, as well as inequality among the poor and among the rich, on the growth rates along various percentiles of the income distribution. The analysis uses micro-census data from U.S. states covering the period from 1960 to 2010. The paper finds...
Persistent link: https://www.econbiz.de/10012937902
This paper studies future poverty, inequality, and shared prosperity outcomes using a panel data set with 150 countries over 1980-2014. The findings suggest that global extreme poverty will decrease in absolute and relative terms in the period 2015-2030. However, absolute poverty is likely to...
Persistent link: https://www.econbiz.de/10012871279
This analysis examines the relationship between nonrenewable resource dependence, economic growth and income inequality. It uses a two-equation system in which the Gini index and GDP per capita are the dependent variables and the stock of nonrenewable resources as a share of national wealth --...
Persistent link: https://www.econbiz.de/10012967897
This paper revisits four recent cross-country empirical studies on the effects of inequality on growth. All four studies report strongly significant negative effects, using the popular system generalized method of moments estimator that is frequently used in cross-country growth empirics. This...
Persistent link: https://www.econbiz.de/10012970632