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Education, Income Distribution and Innovation
Shen, Ling - 2004
In this paper we study the impact of the income distribution on innovation through the demand for quality goods. For simplicity, we assume that there are two types of consumers, rich and poor. The income distribution is measured by the population share of the poor and the relative income of the...
Persistent link: https://www.econbiz.de/10010263108
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Inequality and Growth: A Joint Analysis of Demand and Supply
Shen, Ling - 2006
Empirical evidence on the relationship between a country?s wealth inequality and economic growth is ambiguous. This paper provides reasonable explanations of this ambiguity. We investigate the implications which the shape of wealth distribution has for economic growth in a framework combining...
Persistent link: https://www.econbiz.de/10010263165
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Inequality and Trade Policy : Pro-Poor Bias of Contemporary Trade Restrictions
Ural Marchand, Beyza P. - 2019
trade restrictiveness indices for household consumption items and industry affiliations using both tariffs and the ad … cost of consumption for poorer households, while it is progressive through the earnings channel in urban areas and neutral …
Persistent link: https://www.econbiz.de/10012870281
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Inequality and trade policy : pro-poor bias of contemporary trade restrictions
Ural Marchand, Beyza - 2019
trade restrictiveness indices for household consumption items and industry affiliations using both tariffs and the ad … raises the cost of consumption for poorer households, while it is progressive through the earnings channel in urban areas and …
Persistent link: https://www.econbiz.de/10011988644
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Testing the Pareto efficiency of household resource allocations
Apps, Patricia; Rees, Ray - 2008
In a careful and thorough empirical study, Christopher Udry (1996) shows convincingly that, in a large sample of West African households, household resource allocations were not Pareto efficient. This paper argues that observation of the Pareto inefficiency of a household resource allocation...
Persistent link: https://www.econbiz.de/10010264378
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How does international trade affect household welfare? : households can benefit from international trade as it lowers the prices of consumer goods
Ural Marchand, Beyza - 2017
the cheaper product is in their consumption basket. These welfare gains through consumption, on average, are found to be …
Persistent link: https://www.econbiz.de/10011701587
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Endogenous spatial production networks : quantitative implications for trade and productivity
Panigrahi, Piyush - 2021
Larger Indian firms selling inputs to other firms tend to have more customers, tend to be used more intensively by their customers, and tend to have larger customers. Motivated by these regularities, I propose a novel empirical model of trade featuring endogenous formation of input-output...
Persistent link: https://www.econbiz.de/10012697136
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Structural change of production and consumption: A micro to macro approach to economic growth and income distribution
Ciarli, Tommaso; Lorentz, André; Savona, Maria; … - 2008
production and consumption, on long run economic growth and income distribution. To accomplish with such a broad aim, we develop … income of workers/consumers; and (iii) the consequent changes in consumption patterns. The model thus articulates the links … consumption patterns on the demand side. We first analyse the model's properties, via numerical simulations, for a given setting …
Persistent link: https://www.econbiz.de/10010328363
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Subsistence, Substitutability and Sustainability in Consumption
Baumgärtner, Stefan - 2015
We propose a representation of individual preferences with a subsistence requirement in consumption, and examine its … environmental services. We find that the Hicksian elasticity of substitution strictly monotonically increases with the consumption … of environmental services above the subsistence requirement, and approaches the standard CES value as consumption becomes …
Persistent link: https://www.econbiz.de/10013034524
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A two-step procedure for generating domestic and asymmetric international trade costs when data are scarce
Mazhikeyev, Arman - 2019
The practice of trade cost measurement faces several challenges related to data quality, methodology and theory; but the major issue is that of data scarcity. Due to these facts both domestic and asymmetric trade costs have been ignored despite being a feature of modern trade models. This paper...
Persistent link: https://www.econbiz.de/10012147217