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Based on stylized evidence showing variation of the Gini coefficient of income inequality across skill cohorts and on the rapid rise in trade in technology-intensive goods, the ripple effects of technology transmission and income inequality are explored in a global Computable General Equilibrium...
Persistent link: https://www.econbiz.de/10012777769
of incidence of poverty in the long-run. The conjugate parameters, in post-simulation scenario following trade …
Persistent link: https://www.econbiz.de/10014057380
Based on stylized evidence showing variation of the Gini coefficient of income inequality across skill cohorts and on the rapid rise in trade in technology-intensive goods, the ripple effects of technology transmission and income inequality are explored in a global Computable General Equilibrium...
Persistent link: https://www.econbiz.de/10014400228
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issues connected with growth theory considered from different theoretical perspectives. Its uniqueness is derived from the … classical tradition, modern theory, and heterodox models; problems of policy; dynamics and business cycles; and the role of … scholars of the theory of economic growth, the theory of distribution, macroeconomics, classical and Keynesian economics, as …
Persistent link: https://www.econbiz.de/10014473998
Theoretical models of growth reveal that either exogenous or endogenous, technology is the main driving force behind the long-run economic growth. Furthermore, in the endogenous growth framework, diffusion of technology is the basic mechanism of per capita income convergence among countries....
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