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Theil’s inequality index is used to measure convergence in 14 Organization for Economic Cooperation and Development … the 14 OECD countries. However, the inequality in per capita government expenditure has no effect on the G-7 equilibrium …
Persistent link: https://www.econbiz.de/10005802724
Persistent link: https://www.econbiz.de/10010484341
We examine inequality convergence over the past three decades and ask if environmentally related impacts on health, and … their effect on human capital, are responsible for the slow rate of inequality reduction in countries. Though higher initial … incidence of environmentally related impacts on health simultaneously worsens the rate of inequality reduction, we find that …
Persistent link: https://www.econbiz.de/10013380662
Abstract: The first challenge for economic growth theory is to understand the transition from stagnation to growth at the time of the Industrial Revolution and in particular to identify the main factor(s) that triggered the take-off. Doing so also helps to understand why there are poor and rich...
Persistent link: https://www.econbiz.de/10010961076
Social scientists have long documented that many components of socioeconomic status such as income and education have strong ties across generations. However, health status, arguably a more critical component of welfare, has largely been ignored. We fill this void by providing the first...
Persistent link: https://www.econbiz.de/10012179933
Persistent link: https://www.econbiz.de/10011968943
Social scientists have long documented that many components of socioeconomic status such as income and education have strong ties across generations. However, health status, arguably a more critical component of welfare, has largely been ignored. We fill this void by providing the first...
Persistent link: https://www.econbiz.de/10012133343
We examine the relationship between different dimensions of the political regime in place and human capital using a two-step structural equation model. In the first step, we employ factor analysis on 16 human capital indicators to construct two new human capital measures (basic and advanced...
Persistent link: https://www.econbiz.de/10010848479
The main goal of this paper is to estimate the level and distribution of human capital (HC) in Tehran province, Iran. In doing this we have first reviewed theoretical and empirical literature of human capital. And then we used Dogum Method for estimation of level and distribution of households'...
Persistent link: https://www.econbiz.de/10010699245
This paper analyzes the issue of convergence in OECD countries and tries to assess the effect of financial crisis on … the process of convergence. In other words it will consider whether the global financial crisis pulled the economies of … the convergence process as the Great Depression had 80 years ago. It will analyze the most important macroeconomic data …
Persistent link: https://www.econbiz.de/10011922365