Showing 1 - 5 of 5
Measuring growth with ordered categorical variables is problematic due to their lack of cardinal measure and the equivocation and ambiguity inherent in the arbitrary attribution of cardinal scale to ordinal variates. Here, noting that the mean in a cardinal paradigm is the cumulation over its...
Persistent link: https://www.econbiz.de/10014581839
We examine the relationship between road quality and regional favouritism in Sub-Saharan Africa. Roads are an important public good in Africa, not only because of their positive impact on economic development but also because they are a major focus of central government spending. Using data from...
Persistent link: https://www.econbiz.de/10012291438
Understanding the relationship between income inequality and economic growth is of utmost importance to economists and social scientists. In this paper we use a Bayesian structural vector autoregression approach to estimate the relationship between inequality and growth via growth and inequality...
Persistent link: https://www.econbiz.de/10012424164
This paper documents the convergence of incomes across Indian states over the period 1965 to 1998. It departs from traditional analyses of convergence by tracking the evolution of the entire income distribution, instead of standard regression and time series analyses. The findings reveal...
Persistent link: https://www.econbiz.de/10010279021
This paper documents the convergence of incomes across Indian states over the period 1965 to 1998. It departs from traditional analyses of convergence by tracking the evolution of the entire income distribution, instead of standard regression and time series analyses. The findings reveal...
Persistent link: https://www.econbiz.de/10010279154