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Academics and policy makers have long considered an adequate supply of infrastructure services to be essential for economic development. This paper reviews recent theoretical and empirical literature on the effects of infrastructure development on growth and income distribution. The theoretical...
Persistent link: https://www.econbiz.de/10012972738
Social welfare functions that assign weights to individuals based on their income levels can be used to document the relative importance of growth and inequality changes for changes in social welfare. In a large panel of industrial and developing countries over the past 40 years, most of the...
Persistent link: https://www.econbiz.de/10012973293
Optimism about the use of laws, constitutions, and rights to achieve social change has never been higher among practitioners. But the academic literature is skeptical that courts can direct resources toward the poor. This paper develops a nuanced account in which not all courts are the same....
Persistent link: https://www.econbiz.de/10012975352
Existing empirical studies on the relation between inequality and growth have been criticized for their focus on income inequality and their use of cross-country data sets. Schipper and Hoogeveen use two sets of small area welfare estimates-often referred to as poverty maps-to estimate a model...
Persistent link: https://www.econbiz.de/10012971162
China has been the most rapidly growing economy in the world over the past 25 years. This growth has fueled a …
Persistent link: https://www.econbiz.de/10012747720
countries comprising 97 percent of the world's population, this paper simulates a set of scenarios for global poverty from 2018 …
Persistent link: https://www.econbiz.de/10012865509
the Caribbean. Two are based on secondary sources: All the Ginis and the World Income Inequality Database; and one is … generated entirely through multiple-imputation methods: the Standardized World Income Inequality Database. Although there is …
Persistent link: https://www.econbiz.de/10012970655
Inequality between world citizens in mid-19th century was such that at least a half of it could be explained by income …
Persistent link: https://www.econbiz.de/10012975731
such empirical heterogeneity. Using a very large sample of world citizens, the author tests the consistency of income …
Persistent link: https://www.econbiz.de/10012976148
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