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In the last decades there has been increased interest in studying the impact of inequality on growth. Most of the … recent literature points to a negative impact of inequality on future growth but there are also models that argue in favor of … a positive relationship or a non linear one. A possible channel through which inequality may impact on growth comes from …
Persistent link: https://www.econbiz.de/10009131217
In this paper we propose an estimation of the stock of capital series for the industrial sector of the Mexican states. In order to do it, the average age of the capital stock is calculated by estimating an empirical model that relates investment rates and employment. The empirical findings...
Persistent link: https://www.econbiz.de/10009143764
others. In Northern Mexico, urban growth in the face of scarce water resources poses a serious sustainability problem. Water …
Persistent link: https://www.econbiz.de/10008691737
of a low-leverage/high cash no-short-term capital structure policy. We use Jovanovic's model (1982) that relates growth …, age and size, as used by Heshmati (2001), to which we add a dummy indicating financial conservatism. As the growth of a …
Persistent link: https://www.econbiz.de/10011536974
The "unhappy growth paradox" found by Deaton (2008) and Lora and Chaparro (2008) on the Gallup World Poll (GWP) 2006 is …
Persistent link: https://www.econbiz.de/10011429418
growth, being as it is one of the richest fields in the economic literature. The interest of its effects on economic growth … diffusion and the production scale in the context of endogenous growth models. It ends with some brief reflections. …
Persistent link: https://www.econbiz.de/10010280988
We develop an endogenous growth model with three goods, exportable, importable and non-tradable. We study the response … of the real exchange rate and of the economy growth rate to a decrease in the tariff rate. We show that trade … liberalization must be followed by a depreciation of the real exchange rate. We deduce that the growth rate of the economy increases …
Persistent link: https://www.econbiz.de/10010289462
, subprime and commodity crises have had a negative impact on GDP growth. …
Persistent link: https://www.econbiz.de/10013162465
This work aims to analyze the influence of certain macroeconomic factors, mainly, employment and economic growth, on …
Persistent link: https://www.econbiz.de/10005761259
analyses the origin and evolution of the concept of social capital, it also establishes its connection with the economic growth …
Persistent link: https://www.econbiz.de/10008544143