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, allowing an understanding of growth and inequality in the region. The region has experienced Ø- and σ-convergence …We investigate the relevance of beta (Ø, absolute and conditional) and sigma (σ) convergence in the economies of …; however, growth rates of per capita gross domestic product are low at aggregate and sectoral levels. At sectoral level, the …
Persistent link: https://www.econbiz.de/10012424163
This paper aims to decompose the sources of growth in economies in the Southern African region's Common Monetary Area … and in the provinces of South Africa. Decomposition results for the Common Monetary Area reveal that the growth of … from shifts in technology. Countries experiencing input-driven growth in the secondary sector, such as Namibia and Eswatini …
Persistent link: https://www.econbiz.de/10012432956
the relationship between economic growth and income inequalities. The main objective is to understand how the GDP and GNI … per capita affect income inequality and how they differ. The results suggest a U-shaped relationship of both measures of … economic growth with the market and disposable Gini indexes, the Palma and S80S20 ratios, and the income of the wealthier 10 …
Persistent link: https://www.econbiz.de/10013473321
Structures" (GRW) on regional economic growth. The paper extends the existing literature by several aspects. First of all, using … the popular augmented Solow model by Mankiw et al. (1992) as starting point, we develop an enhanced growth model by … emanates a negative direct impact on regional economic growth, especially in sparely populated regions as well as in non …
Persistent link: https://www.econbiz.de/10011444217
translated into poverty convergence. In a context of overall stagnant economic growth and poverty reduction since 1990, the …Trends in aggregate growth and poverty reduction hide a multiplicity of development processes at the local level. The … and spanning 22 years, first, to test hypothesis that there is within-country income convergence. Second, through a …
Persistent link: https://www.econbiz.de/10012262928
. In this study, I examined whether there has been convergence in inequality between 2000 and 2015. To this end, I … by the few existing c ross-country studies on convergence in inequality. Furthermore, the analysis reveals strong …Since globalisation accelerated in the early 1990s, income inequality has increased in most developed countries and in …
Persistent link: https://www.econbiz.de/10013462042
This work analyzes whether monetary policy in advanced economies has differentiated effects on portfolio flows towards emerging economies coming from the US, the Euro Area and the UK. The results show the following: First, portfolio flows' response to US monetary policy events is vastly...
Persistent link: https://www.econbiz.de/10012166097
taking place since the 1990's, affects their GDP growth. Based on an augmented Solow model, I estimate a convergence equation …-run growth bonus from integration, which is robust to alternative specifications of the regression equation and of the variables …
Persistent link: https://www.econbiz.de/10011374066
Persistent link: https://www.econbiz.de/10011283841
indicators could support both endogenous and neoclassical growth theories in the convergence debate. This paper investigates … convergence in real per capita GDP and inequality adjusted human development in 38 African countries, disaggregated into 10 … is that the income component of the human development index moves slower than others in the convergence process and thus …
Persistent link: https://www.econbiz.de/10011410273