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relevant threshold levels required for the various governance dynamics to cause Chinese FDI to equalise incomes in Africa. Our … propelling Chinese FDI towards the equalisation of incomes across the continent, governance mechanisms for ensuring political … stability, low corruption, and voice and accountability are keys. Finally, critical masses required for these three key …
Persistent link: https://www.econbiz.de/10012799903
There is a strong correlation between various measures of perceived or experienced corruption and measures of economic … inequality across countries. Existing cross-national studies have found a significant effect of corruption on inequality and … poverty as well as a significant and strong effect of inequality on corruption. There seems to be a strong reciprocal causal …
Persistent link: https://www.econbiz.de/10012982638
Persistent link: https://www.econbiz.de/10014305347
This paper presents new evidence on the relationship between corruption and income inequality. Using a panel data … methodology, we find that lower corruption is associated with higher income inequality in Latin America. This result is in … relationship between inequality and corruption suggests that institutional reform policies by themselves may be misguided …
Persistent link: https://www.econbiz.de/10003965027
Persistent link: https://www.econbiz.de/10012865912
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
A fundamental question in social sciences relates to the effect of wealth inequality on economic growth. Yet, in tackling the question, researchers have had to use income as a proxy for wealth. We derive a global measure of wealth inequality from Forbes magazine's listing of billionaires and...
Persistent link: https://www.econbiz.de/10010211159
A model of endogenous growth is presented, based on productive public expenditures, and featuring some degree of income inequality, and polarization in policy preferences. The main innovation lays in the political process determining capital taxation that relies, both on voting and on "influence...
Persistent link: https://www.econbiz.de/10014461501
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 paper offers an overview of Alberto Alesina's life and of his scholarly work (§ 1 and 2). It will be argued, that Alberto would have entirely deserved the award of the Nobel Prize for Economic Science, except only for his premature passing away. His foundational contribution was the...
Persistent link: https://www.econbiz.de/10014390535