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Savings problem has become a crucial issue since it is one of the reasons of today's frequently-observed-financial crisis. There are several theories explaining this problem in the framework of consumption theory. Inequality in income distribution affects saving behavior. In this sense, our...
Persistent link: https://www.econbiz.de/10012896923
increasing and sustaining economic growth in low-income regions, but also policies that close nonincome development gaps directly … external trade and finance - including foreign direct investment, remittances, and aid - play a critical role. It is therefore …
Persistent link: https://www.econbiz.de/10008658813
The linkages between trade and resource mobilization are complex and not well defined in theory. To what extent does trade policy affect resource mobilization and what are the mechanisms? We argue that trade policy is a key factor of influencing the domestic fundamental balance between aggregate...
Persistent link: https://www.econbiz.de/10010211078
The aim of this paper is to investigate policy instruments by which the persistence of inequality is affected through financial development channels in 48 African countries for the period 1996 - 2014. Financial dynamic channels of depth (money supply and liquid liabilities), efficiency (at...
Persistent link: https://www.econbiz.de/10012219686
This study explores the link between environmental degradation, economic growth and income inequality within the … carbon dioxide (CO2) emissions and their relationship with economic growth. We show that the results heavily depend on the …
Persistent link: https://www.econbiz.de/10011608646
in the inequality and growth literature. These include growth, openness, wages, and liberalisation. We review the … existing cross-country empirical evidence on the effects of inequality on growth and the extent to which the poorest in society … benefit from economic growth. The linkage between growth, redistribution and poverty is also analysed. In the review of …
Persistent link: https://www.econbiz.de/10010262079
understanding of growth and inequality in the region. The region has experienced β- and σ-convergence; however, growth rates of per … health can enhance growth rate, whereas the overall revenue expenditure retards growth. Therefore, provinces' capital budgets …
Persistent link: https://www.econbiz.de/10012404488
its effects on economic growth in SSA. The study spans the period 1995-2015, focusing on 31 SSA countries. Findings from … economic growth via the saving transmission channel, while it has a statistically significant negative effect on economic … growth in the region through the channels of fertility, credit market imperfection, and fiscal policy. …
Persistent link: https://www.econbiz.de/10012302796
In this study, we examine the contributions of growth and redistribution to poverty reduction in Mexico during the … reduction into components arising from growth, improved income distribution, and heterogeneous inflation. We find the component … level from the household data and estimate a system of equations that characterize the dynamic relationship between growth …
Persistent link: https://www.econbiz.de/10012029548
Persistent link: https://www.econbiz.de/10011472376