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theory involving capital and labour without neo-classical assumptions. Interestingly the growth story of the model seems to … be observationally equivalent to the Solow (1956) model of steady state growth. It can easily and effectively reflect on … critical contemporary issues without the ammunitions of a more complex neo-classical system. Trade pampers inequality all …
Persistent link: https://www.econbiz.de/10012425595
specialization and trade on growth and inequality for a small developing country. Among other results, we show that a small … intermediate good, then embed it in a growth model to address the effects of global production fragmentation, vertical … is skilled-labor scarce. We also address the effects of such trade opening on wage inequality. …
Persistent link: https://www.econbiz.de/10012799706
Persistent link: https://www.econbiz.de/10012661519
specialization and trade on growth and inequality for a small developing country. Among other results, we show that a small … intermediate good, then embed it in a growth model to address the effects of global production fragmentation, vertical … is skilled-labor scarce. We also address the effects of such trade opening on wage inequality. …
Persistent link: https://www.econbiz.de/10012668495
theory involving capital and labour without neo-classical assumptions. Interestingly the growth story of the model seems to … be observationally equivalent to the Solow (1956) model of steady state growth. It can easily and effectively reflect on … critical contemporary issues without the ammunitions of a more complex neo-classical system. Trade pampers inequality all …
Persistent link: https://www.econbiz.de/10012312232
coupled with an inadequate nutritional intake, relative to a situation where there is no such concern for status. Thus, growth … and negative relationship between inequality and share of nutritional consumption as reflected in the consumption of food …. Finally the paper looks at the empirical relationship between inequality and consumption across districts within states of …
Persistent link: https://www.econbiz.de/10011259208
This paper investigates the optimal environmental policy (the mix of emissions tax and R&D subsidy) when two firms, producing differentiated products, compete in the output market over time. Firms compete over supply schedules, which encompasses a continuum of market structures from Bertrand to...
Persistent link: https://www.econbiz.de/10011265809
Persistent link: https://www.econbiz.de/10000831069
This paper revisits the relationship between international trade and economic growth. We measure trade openness indices … in explaining growth gains from trade. Using sectoral level data from WORLD KLEMS Database on industrial productivity and … growth. Openness in terms of final consumer goods turns out to be insignificant in most specifications. We also estimate …
Persistent link: https://www.econbiz.de/10012141106
Persistent link: https://www.econbiz.de/10011397844