Showing 1 - 10 of 12,478
The process of structural transformation forms the very basis of economic growth and development. This paper analyses the implications of alternate patterns of structural change for changes in the overall distribution of income within an economy. An empirical analysis is carried out based on...
Persistent link: https://www.econbiz.de/10013109242
Sub-Saharan Africa (SSA) ranks as the second most unequal region globally (in terms of income distribution), harboring 10 of the 19 most unequal countries in the world. This paper explores the channels through which income inequality exerts its effects on economic growth in SSA. The study spans...
Persistent link: https://www.econbiz.de/10012302796
The present paper assesses the interactions between innovation and economic institutions within the context of the inequality-growth nexus. By carrying out fixed effects estimations on a cross-country panel, we find that both institutional quality and innovations improve economic growth at the...
Persistent link: https://www.econbiz.de/10014434530
This article examines the relationship between financial development and income inequality for selected EU countries by using fixed effects panel data estimator over the years 2004-2015. Our empirical results show that financial development ultimately causes an increase in income inequality...
Persistent link: https://www.econbiz.de/10012930904
Understanding the relationship between income inequality and economic growth is of utmost importance to economists and social scientists. In this paper we use a Bayesian structural vector autoregression approach to estimate the relationship between inequality and growth via growth and inequality...
Persistent link: https://www.econbiz.de/10012404500
This paper tests the impact of ICT on economic growth for underdeveloped and developing countries by using a panel dataset for the period of 1995-2006. We first develop the theory between ICT and economic growth. We show that ICT-capital has a positive effect both on long-run and transitional...
Persistent link: https://www.econbiz.de/10003801522
The study examines the effectiveness of financial development, financial access, and ICT diffusion in reducing the severity and intensity of poverty in Sub-Saharan Africa (SSA). Using data from the World Bank's World Development Indicators, and the Global Consumption and Income Project...
Persistent link: https://www.econbiz.de/10012650683
Before the Great Recession, rising income inequality within the European Union member states has been considered to be one driver for an increasing Euroskepticism. Using rich data on attitudes towards European integration from the Eurobarometer (EB) surveys, we revisit the issue by analyzing the...
Persistent link: https://www.econbiz.de/10010252653
The distribution of human capital and income lies at the center of a nexus of forces that shape a country's economic, institutional and technological structure. I develop here a unified model to analyze these interactions and their growth consequences. Five main issues are addressed. First, I...
Persistent link: https://www.econbiz.de/10014072442
The distribution of human capital and income lies at the center of a nexus of forces that shape a country's economic, institutional and technological structure. I develop here a unified model to analyze these interactions and their growth consequences. Five main issues are addressed. First, I...
Persistent link: https://www.econbiz.de/10014072596