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of innovation as well as correlative data that show a negative correlation between income inequality and levels of … innovativeness. Our two models suggest that unequal access to problems slows innovation by reducing the level and variety of human … capital applied to problems. More interestingly, both models show that the rate of innovation decline becomes much more …
Persistent link: https://www.econbiz.de/10010835767
In this study we examine the link between of income inequality and wholesale price of wheat using panel data. We have weekly time series data on prices for wheat for 3 districts in Uttar Pradesh in India obtained from the Department of Economics and Statistics of the Ministry of Agriculture,...
Persistent link: https://www.econbiz.de/10010796124
Both economic growth and exchange rate theories suggest that the exchange rate regime could have consequences for the medium-term growth of a country, directly, through its effects on the adjustment to shocks, and indirectly, through its impact on the important determinants of growth. It is,...
Persistent link: https://www.econbiz.de/10008562939
This paper examines the relationship between globalization, financial deepening, and inequality in sub-Saharan Africa between 1980 and 2002. We provide the first detailed econometric analysis in this regard covering the entire sub-Saharan African region; such an analysis has hardly been...
Persistent link: https://www.econbiz.de/10008563153
Both economic growth and exchange rate theories suggest that the exchange rate regime could have consequences for the medium-term growth of a country, directly, through its effects on the adjustment to shocks, and indirectly, through its impact on the important determinants of growth. It is,...
Persistent link: https://www.econbiz.de/10008546799
With the spectre of the Euro crisis looming substantially large and scaring potential monetary unions, this study is a short-run trip to embryonic African monetary zones to assess the Schumpeterian thesis for positive spillovers of financial services on growth. Causality analysis is performed...
Persistent link: https://www.econbiz.de/10010835849