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Kumar, Manmohan S. - 2013

between financial globalization and corporate tax rates and revenues - results vary according to country grouping with OECD …

Persistent link: https://www.econbiz.de/10013088735

The Distribution of Gains from Globalization

Lang, Valentin - 2018

We study economic globalization as a multidimensional process and investigate its effect on incomes. In a panel of 147 … countries during 1970-2014, we apply a new instrumental variable, exploiting globalization's geographically diffusive character …, and find differential gains from globalization both across and within countries: Income gains are substantial for …

Persistent link: https://www.econbiz.de/10012922630

Imf-Supported Programs and Income Convergence in Low-Income Countries

Pradhan, Tejesh - 2019

Continuing the empirical debate on the effects of IMF-supported programs on participatingcountries' macroeconomic performance, we focus on the issue of whether these programsaccelerate conditional ß-convergence among low-income countries (LICs). We use anunbalanced panel dataset for 85 LICs...

Persistent link: https://www.econbiz.de/10012892911

How Can Korea Boost Potential Output to Ensure Continued Income Convergence?

Jain Chandra, Sonali - 2014

Korea's rapid growth has slowed in recent years, suggesting lower potential growth. This paper uses an array of techniques, including statistical filters, a multivariate model and the production function, to estimate Korea's potential growth. The main finding is that trend growth has fallen from...

Persistent link: https://www.econbiz.de/10013054690

Precautionary Savings in the Great Recession

Mody, Ashoka - 2012

Heightened uncertainty since the onset of the Great Recession has materially increased saving rates, contributing to lower consumption and GDP growth. Consistent with a model of precautionary savings in the face of uncertainty, we find for a panel of advanced economies that greater labor income...

Persistent link: https://www.econbiz.de/10013110097

Exploring the Output Effect of Fiscal Policy Shocks in Low Income Countries

Honda, Jiro - 2020

What do we know about the output effects of fiscal policy in low income countries (LICs)? There are very few empirical studies on the subject. This paper fills this gap by estimating the output effects of government spending shocks in LICs. Our analysis-based on the local projection method-finds...

Persistent link: https://www.econbiz.de/10012831612

Product Variety and Economic Growth : Empirical Evidence for the OECD Countries

Funke, Michael - 2021

This paper uses panel data for 19 OECD countries and finds support for the hypothesis that a greater degree of product variety relative to the United States helps to explain relative per capita GDP levels. The empirical work relies upon some direct measures of product variety calculated from...

Persistent link: https://www.econbiz.de/10013317978

Welfare vs. Income Convergence and Environmental Externalities

Bannister, Geoffrey J. - 2018

We present estimates of welfare by country for 2007 and 2014 using the methodology of Jones and Klenow (2016) which incorporates consumption, leisure, mortality and in equality, and we extend the methodology to include environmental externalities. During the period of the global financial crisis...

Persistent link: https://www.econbiz.de/10012929937

National Income and its Distribution

Brückner, Markus - 2014

exogenous variations in trade-weighted world income and international oil price shocks as instruments for within …

Persistent link: https://www.econbiz.de/10013050681

Effects of Globalization on Labor's Share in National Income

Guscina, Anastasia - 2007

studies suggest that globalization and rapid technological progress (associated with accelerated information technology … labor and capital adjusted to capital-augmenting technological progress and a more globalized world economy …

Persistent link: https://www.econbiz.de/10012777940