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This paper explores thelinks between economic growth and human development, identifying two chains, one from economic growth to human development, the other, from human development to economic growth. The importance of various links in each chain are explored empirically with the help of...
Persistent link: https://www.econbiz.de/10005783474
Several recent papers on the political economy of growth have argued that increased skewness in the distribution of wealth/income induces slower growth. In the present model, investment, viewed as education, comes from two sources : a public component, financed by taxes and equally distributed...
Persistent link: https://www.econbiz.de/10005656826
Several recent articles claim that pre-tax income equality promotes growth. Equality is argued to dampen demand for redistributive economic policies that tax returns to growth-enhancing activities such as investment. These results rest heavily on the assumption that pre-tax income equality is an...
Persistent link: https://www.econbiz.de/10010334700
Much micro-econometric evidence suggests that precipitation has wide ranging impacts on vital economic indicators such as agricultural yields, human capital, and even conflict. And yet paradoxically most macro-econometric evidence (especially in the climate economy literature) finds that...
Persistent link: https://www.econbiz.de/10012051944
Students around the world are going to school but are not learning-an emerging gap in human capital formation. To understand this gap, this paper introduces a new data set measuring learning in 164 countries and territories. The data cover 98 percent of the world's population from 2000 to 2017....
Persistent link: https://www.econbiz.de/10012007954
Recently, there has been an upsurge of empirical studies that test the convergence prediction of the neoclassical growth theory at the country, regional, state or provincial levels. These studies examine whether poorer economies will eventually catch up with richer ones in terms of both income...
Persistent link: https://www.econbiz.de/10005207719
The Grameen Bank's success in Bangladesh has made microcredit the hot new idea for reducing poverty. This paper uses …-recipients. Poverty is measured by levels of consumption. Vulnerablitiy is measured as fluctuations in consumption (associated with … is substantial leakage to the landed. Landlessness is not significangly associated with either poverty or vulnerablitiy …
Persistent link: https://www.econbiz.de/10005264445
Persistent link: https://www.econbiz.de/10005664090
Persistent link: https://www.econbiz.de/10005664123
The study found evidence of worsening inequality and poverty in spite of economic growth. It was found also that male …-headed households seem to have fared worse, and that poverty is more pronounced in rural areas and in the northen regions (zones). The … poor policy stance during the period is found to have contributed in increased poverty. …
Persistent link: https://www.econbiz.de/10005669400