Showing 1 - 10 of 52
Since the 1980s the debate about economic convergence hasdominated empirical work about the dynamics of growth. Economichistorians have been attracted, in particular, by stories of clubconvergence. However, the analytical foundations of most of the work inthis area have rested on linear, or more...
Persistent link: https://www.econbiz.de/10005870752
Economic convergence has emerged as one of the key debates in the theoretical andhistorical literature over the last decade. Galor identified three forms of long run percapita income convergence: absolute convergence, whereby convergence occursindependently of the initial conditions facing each...
Persistent link: https://www.econbiz.de/10005870759
As part of an endeavour to explain the divergence in incomes per capita between North and South America new institutional economics (NIE) and economic history have attempted in recent years to realize the potential effort for illumination derivable from comparisons of the heritage of their...
Persistent link: https://www.econbiz.de/10005870783
The development of David Ricardo’s economic theory of distribution -the laws that determine the share of output between the economic classes -depended on specific connections at several levels between two practicalsciences of the early 19th century, namely experimental agriculture andpolitical...
Persistent link: https://www.econbiz.de/10005870944
The distribution dynamics of incomes across Indian states are examined us-ing the entire income distribution rather than using standard regression ap-proaches.The period 1965 to 1997 exhibits twin-peaked dynamics: there aretwo income convergence clubs at 50% and 125% of the national...
Persistent link: https://www.econbiz.de/10005871010
This paper documents the convergence of incomes across Indian states over theperiod 1965 to 1998. It departs from traditional analyses of convergence by trackingthe evolution of the entire income distribution, instead of standard regression and timeseries analyses. The findings reveal twin-peaks...
Persistent link: https://www.econbiz.de/10005871031
This article is a comparative analysis of the sources of income inequalityin four countries, namely Japan, South Korea, Taiwan and the UnitedKingdom. It relies upon decompositions of inequality measures bypopulation groups and income sources (except for Japan because of datalimitations)....
Persistent link: https://www.econbiz.de/10008733221
This paper explores the rationale for area targeting and the growth ofnew area-based initiatives. The author examines the geographicalconcentration of deprivation, the extent, and whether there is apolarisation between areas. The evidence confirms that there is a clearrationale for area-based...
Persistent link: https://www.econbiz.de/10008733274
It is worth distinguishing social exclusion from social isolation, definingsocial isolation as the phenomenon of non-participation (of anindividual or group) in a society’s mainstream institutions, whilereserving ‘social exclusion’ for the subset of cases in which socialisolation occurs...
Persistent link: https://www.econbiz.de/10008756560
Earnings inequality has increased substantially since the 1970s. Using evidence changes from con…dential Census data on U.S. law offices on lawyers'organization and earnings, we study the extent to which the mechanism suggested by Lucas (1978) and Rosen (1982), a scale of operations effect...
Persistent link: https://www.econbiz.de/10008860707