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Beginning in the 1980s, India has experienced an acceleration of economic growth by way of a promotion of a more efficient pro business and market oriented model. Following the rapid growth of the 1980s, the 1990s brought continued deregulation through market liberalization policies and...
Persistent link: https://www.econbiz.de/10013089572
This paper returns to the discussion of how income inequality affects economic growth. The main argument is that economic freedom is likely to affect the association although the relations are theoretically ambiguous. In a panel of 300 observations from five-year periods across the 50 US states,...
Persistent link: https://www.econbiz.de/10013012727
We examine the impact of sector-based reform on income inequality, concentrating on state banking deregulation in the US, for which we employ annual balanced panel data from all 50 states and the District of Columbia, covering the period from 1970 to 2000, for our baseline analysis. The...
Persistent link: https://www.econbiz.de/10012859704
development. In the past half-century, these countries raised agricultural productivity faster than population growth and … displayed sufficient state capability to direct change towards a respectable level of industrial development. In this period …: agriculture, industry, foreign trade and investment, and social development. By using a more socially grounded analytical approach …
Persistent link: https://www.econbiz.de/10011894395
capita across countries. The theory sheds light on three fundamental layers of comparative development. It identifies the … variation in economic development. It uncovers the forces that have sparked the emergence of multiple growth regimes and … generated on the composition of human capital and economic development across the globe. …
Persistent link: https://www.econbiz.de/10010284035
capita across countries. The theory sheds light on three fundamental layers of comparative development. It identifies the … variation in economic development. It uncovers the forces that have sparked the emergence of multiple growth regimes and … generated on the composition of human capital and economic development across the globe. -- Growth ; Comparative Development …
Persistent link: https://www.econbiz.de/10003897830
development effects that structural transformation relating to manufacturing may have in developing countries, not merely through …
Persistent link: https://www.econbiz.de/10012137963
subsidies to industry and investment, encouraging the development of the services industry, and reducing barriers to labor …
Persistent link: https://www.econbiz.de/10014061294
This paper uses recently published top 1% income share series in studying the inequality-development association. The … opportunity to study slow development processes. The empirical inequality-development studies have started to call into question … spline methods. The association between top 1% share and development is found to experience a reversal at later stages of …
Persistent link: https://www.econbiz.de/10010496108
We study the relationship between per-capita income and income inequality with a heterogeneous panel co-integration approach.We extend previous studies in two respects: first, we compile a more extensive data set for 61 countries over 26-51 years and consider measures for both pre-tax and...
Persistent link: https://www.econbiz.de/10011981849