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effects are based on accelerating human capital accumulation induced by demand-side quality–quantity trade-offs versus a co …
Persistent link: https://www.econbiz.de/10012995441
Compared with its nineteenth century competitors, Australian GDP per worker grew exceptionally fast, about twice that of the US and three times that of Britain. This paper asks whether the fast growth performance produced rising inequality. Using a novel data set we offer new evidence supporting...
Persistent link: https://www.econbiz.de/10012955952
Persistent link: https://www.econbiz.de/10011666871
Compared with its nineteenth century competitors, Australian GDP per worker grew exceptionally fast, about twice that of the US and three times that of Britain. This paper asks whether the fast growth performance produced rising inequality. Using a novel data set we offer new evidence supporting...
Persistent link: https://www.econbiz.de/10012455265
This paper studies the distributional impact of commodity price shocks over both the short and very long run.  Using a GARCH model, we find that Australia experienced more volatility than many commodity exporting developing countries over the periods 1865-1940 and 1960-2007.  A single equation...
Persistent link: https://www.econbiz.de/10011159026
This paper studies the distributional impact of commodity price shocks over the both the short and very long run. Using a GARCH model, we find that Australia experienced more volatility than many commodity exporting developing countries over the periods 1865-1940 and 1960-2007. A single equation...
Persistent link: https://www.econbiz.de/10010877254
trade volatility since 1901. It identifies two major price shock episodes before the recent mining-led boom and bust. It …
Persistent link: https://www.econbiz.de/10004966283
This paper studies the distributional impact of commodity price shocks over both the short and very long run. Using a GARCH model, we find that Australia experienced more volatility than many commodity exporting developing countries over the periods 1865-1940 and 1960-2007. A single equation...
Persistent link: https://www.econbiz.de/10010684566
effects are based on accelerating human capital accumulation induced by demand-side quality–quantity trade-offs versus a co …
Persistent link: https://www.econbiz.de/10010691433
Does trade raise growth rates of commodity exporters less than those of industrial goods exporters? Do industrial … countries gain more from trade? Do world trade booms over the past two centuries help account for the widening gap between rich …, and the answer is yes to all three. World trade booms have always been associated with commodity price booms and thus with …
Persistent link: https://www.econbiz.de/10010823003