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Many scholars have argued that once "basic needs" have been met, higher income is no longer associated with higher in subjective well-being. We assess the validity of this claim in comparisons of both rich and poor countries, and also of rich and poor people within a country. Analyzing multiple...
Persistent link: https://www.econbiz.de/10009736745
A new line of theoretical and empirical literature emphasizes the pivotal role of fair institutions for growth. We … dramatic drop in cooperation (and growth), when inequality is increased by a selfserving dictator. No such effect is observed … adverse growth effect of the interaction between the degree and the genesis of inequality. We conclude that economies giving …
Persistent link: https://www.econbiz.de/10013319591
We explore a newly available dataset on quality of growth to investigate the effect of institutions on growth quality … established. First, institutions are positively related to the quality of growth. Second, institutions have significantly … contributed to growth quality in increasing order during the following time intervals: 2005-2011, 1995-1999 and 2000-2004. Third …
Persistent link: https://www.econbiz.de/10011407924
Recent studies find that democratization increases economic growth. However, these studies do not always consider the … channels through which democratization raises growth. This study considers whether or not democratization improves institutions … that have often been argued to increase economic growth. Utilizing a panel dataset from 1984 to 2007 for 127 countries, we …
Persistent link: https://www.econbiz.de/10013120856
This study examines if enhancing ICT reduces inequality in 48 countries in Africa for the period 2004-2014. Three inequality indictors are used, namely, the: Gini coefficient, Atkinson index and Palma ratio. The adopted ICT indicators include: mobile phone penetration, internet penetration and...
Persistent link: https://www.econbiz.de/10012896792
This paper proposes a new quality of growth index (QGI) for developing countries. The index encompasses both the … intrinsic nature and social dimensions of growth, and is computed for over 90 countries for the period 1990-2011. The approach … is premised on the fact that not all growth is created equal in terms of social outcomes, and that it does matter how one …
Persistent link: https://www.econbiz.de/10013045938
The objectives of this paper are to investigate the effect of ICT on sustainable development and the mechanisms through which the effect is modulated. The methodology involves the: (i) Fixed Effects estimator to control for individual heterogeneity, (ii) Driscoll and Kraay estimator to control...
Persistent link: https://www.econbiz.de/10012650702
The interaction between environmental pollution and economic growth determines the achievement of the green growth … and SPM. This implies that the green growth objective can be pursued in Nigeria with concerted efforts. Other … environmental pollution indicators did not exert significant influence on economic growth. Therefore, it is recommended that Nigeria …
Persistent link: https://www.econbiz.de/10012101396
This study investigates how enhancing gender inclusion affects inequality in 42 African countries for the period 2004-2014. The empirical evidence is based on the Generalized Method of Moments. Three inequality indicators are used, namely, the: Gini coefficient, Atkinson index, and Palma ratio....
Persistent link: https://www.econbiz.de/10012848970
This paper investigates the nonlinear relationship between tourism and economic growth using a balanced sample of 58 … asymmetric threshold effect of tourism on economic growth. By utilizing an endogenous threshold regression model, we show that a … single tourism threshold cutoff exists and that tourism receipts influence growth only till the threshold cutoff point in all …
Persistent link: https://www.econbiz.de/10014079373