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Persistent link: https://www.econbiz.de/10003843112
This paper examines the link between health indicators, environmental variables, and economic development, and the consequences of this relationship on economic convergence. In the early stage of economic development, the gain from income growth could be cancelled or mitigated by environmental...
Persistent link: https://www.econbiz.de/10009159760
, economic growth is very crucial. The responsiveness of growth towards poverty reduction is measured by the "growth elasticity … appropriate because it directly calculates the elasticity by using the data of poverty rate and per capita GDP. The study also … finds that China hasthe highest growth elasticity of poverty considering the poverty line of USD 1.90 and USD 3.20 a day. It …
Persistent link: https://www.econbiz.de/10012814358
between this remarkable growth rate and poverty reduction is neither obvious nor simple. This paper focuses on the elasticity … of poverty with respect to GDP growth at the sectoral level and takes into account the fact that economic growth may … affect poverty directly as well as indirectly through sectoral labor share intensity. It develops a methodology that sheds …
Persistent link: https://www.econbiz.de/10013028303
In this paper, we aim to study the interrelationship between social spending, economic growth, and income inequality in developing countries from the year 1990 to 2013. We observed that all the categories of social spending produced a significant reduction in income inequality. Further, the...
Persistent link: https://www.econbiz.de/10013278872
The aim of this paper is to study the potentially simultaneous relationship between income inequality and growth volatility for seventy countries between 1960 and 2002. Two types of analysis are performed; a cross-sectional analysis based on country averages of all available annual observations,...
Persistent link: https://www.econbiz.de/10012770633
This paper explores the implications of Unified Growth Theory for the origins of existing differences in income per capita across countries. The theory sheds light on three fundamental layers of comparative development. It identifies the factors that have governed the pace of the transition from...
Persistent link: https://www.econbiz.de/10003897830
The study complements the existing literature on the role of credit constraints in the interplay between income inequality and economic growth. The question "what type of financial development matters for inequality-growth relationship" is answered empirically by adopting a multi-dimensional...
Persistent link: https://www.econbiz.de/10012837041
The central objective of our paper is to empirically examine the relationship between financial development and income inequality. Theoretically, there are grounds for both a positive and negative relationship between the two variables. Our main finding is that financial development contributes...
Persistent link: https://www.econbiz.de/10013009688
An influential paper by Berg et al., 'Redistribution, inequality, and growth: new evidence', uses the SWIID data to examine the impact of inequality and redistribution on growth in both developing and developed countries. It finds that while inequality is harmful for growth, redistribution does...
Persistent link: https://www.econbiz.de/10012299793