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Of the world’s 6.7 billion people (as of 2008), 1.3 billion lived on less than $1.25 Purchasing Power Parity dollars per person per day and another 1.7 billion lived on between $1.25 and $2.50 PPP dollars (Chen and Ravallion, 2012). The scourge of absolute economic misery among billions of the...
Persistent link: https://www.econbiz.de/10010082273
Location Theory and its different approaches have been the support of the empirical studies on relocation in the last years. However, this support has been exclusively implicit with frequency. This is because most of the works have ignored the neoclassical, behavioural or institutional...
Persistent link: https://www.econbiz.de/10009958345
China's import penetration in Chilean markets is higher in unskilled-labor intensive sectors as predicted by traditional endowment-based theories of comparative advantage. However, there is also evidence of within-industry specialization. In particular, high-income countries receive higher...
Persistent link: https://www.econbiz.de/10009959073
In western countries outsourcing has been an integral part of many enterprises for a long time. In Poland it is increasingly seen as a part of a long-term development strategy. Although Poland is only beginning to mark its presence in this area, it is quite often listed as one of the countries...
Persistent link: https://www.econbiz.de/10009959708
We study work effort with its various determinants such as the educational level of the worker, the minimum or start-up salary as well as the initial endowment of the worker. By means of optimization we find that optimal work effort depends directly on the initial income available to the worker,...
Persistent link: https://www.econbiz.de/10010009052
This study measures the impact of changes in the income determinants on inequality in the 1990 to 2003 period, in order to answer the question of why income distribution as a whole has not changed. The methodology utilized are micro-simulations of income distribution, which is the most...
Persistent link: https://www.econbiz.de/10009959116
In the Latin American context, Chile has the highest level of per capita income and the human development index, though … the distribution of income is quite unequal. Unlike Uruguay, Chile has one of the more unequal income distributions of the … region. In 2003, Chile had Gini Coefficient of 8.5 points higher than Uruguay. Using micro/simulations, the analysis shows …
Persistent link: https://www.econbiz.de/10009959117
The paper examines the implications of financial reform and interest rate behaviour on economic growth in Nigeria. The cointegration and error correction model were used on time series data from 1970-2006. The results demonstrate that financial reform and interest rates have significant impact...
Persistent link: https://www.econbiz.de/10010009102
Orthodox and heterodox economists have promoted different liberalization measures in the economy in accordance with its vision for agriculture and manufacturing sectors. In this paper, we try to determine the impact of external terms of trade and domestic (the latter considers foreign trade...
Persistent link: https://www.econbiz.de/10010049027
People who do not have access to the financial system also saved. In this work we explain the most commonly used forms of savings who have no access to formal banking. As we shall see, the form of savings varies from one culture to another, from one country to another and from one circumstance...
Persistent link: https://www.econbiz.de/10010049038