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determinant of the distribution of world population and a prime cause of the 'Great Divergence' in income per capita across …
Persistent link: https://www.econbiz.de/10005124051
determinant of the distribution of world population and a prime cause of the Great Divergence in income per capita across …
Persistent link: https://www.econbiz.de/10005125617
across countries and has thereby been a major determinant of the distribution of world population and a prime cause of …
Persistent link: https://www.econbiz.de/10005136437
This research argues that the differential effect of international trade on the demand for human capital across countries has been a major determinant of the distribution of income and population across the globe. In developed countries the gains from trade have been directed towards investment...
Persistent link: https://www.econbiz.de/10005114289
This paper connects a traditional topic in trade theory with a new topic in economic dynamics in a simple two(-country) by two(-good) dynamic general equilibrium (dge) model by showing that the transfer paradox, or the donor-enrichment and recipient-impoverishment transfer, is possible if and...
Persistent link: https://www.econbiz.de/10005781007
According to recent UN projections more than 50 percent of the growth in world population over the next half century … significant impact on the world distribution of income. In this paper we discuss the potential for migration policies to affect … more or less restrictive/selective migration policies and derive their implications for the evolution of world inequality. …
Persistent link: https://www.econbiz.de/10010959792
pay for quality rises with their income. Second, heterogeneities in productivity become more pronounced at higher levels …
Persistent link: https://www.econbiz.de/10009323297
trade in explaining British living standards or growth rates. We construct a three-region model of the world in which … Britain trades with North America and the rest of the world, and calibrate the model to data from the 1760s and 1850s. We find …
Persistent link: https://www.econbiz.de/10010752744
This paper analyzes Walrasian general equilibrium systems and calculates the static and dynamic solutions for competitive market equilibria. The Walrasian framework encompasses the basic multi-sector growth (MSG) models with neoclassical production technologies in N sectors (industries). The...
Persistent link: https://www.econbiz.de/10005481986
in migration patterns for the growth and distribution of world income and population using a model with endogenous … also shows that the world economy may converge to a special kind of core-periphery equilibrium where increasing inequality … periphery is increased. Thus Brain Drain migration may increase inequality between countries at the same time as reducing world …
Persistent link: https://www.econbiz.de/10005063384