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Using pooled Gini coefficient 1993 to 2002 data for 119 countries from World Development Indicators 2004, World Bank, we find that income inequality, defined as the Gini coefficient, increases as FDI stocks as a percentage of GDP increase. Increases in per capita GDP and real per capita GDP...
Persistent link: https://www.econbiz.de/10005265406
Linder posed a hypothesis in 1961 that the closer the preference structure between two countries is, the bigger the trade volume becomes. The empirical results using pooled trade data from 63 countries for 1970, 1980, 1990, and 1992 are in support of the Linder hypothesis. It is also found that...
Persistent link: https://www.econbiz.de/10009189355