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A transition path is expected to lead, eventually, to economic performance and sectoral structure typical of market economies. This twofold result would issue from a complex resource re-allocation process, almost automatically igniting a new mechanism of accumulation and growth. Romania's...
Persistent link: https://www.econbiz.de/10005467627
We look at two emerging economies, Brazil and China, and propose an evaluation of their recent development in terms of growth performance and the evolution of income inequality. Our analysis therefore seems to be related to the well-known Kuznets-curve and theory. The latter, however, populates...
Persistent link: https://www.econbiz.de/10011201321
En este trabajo se analiza la evolucion de una economia con dos tipos de firmas (innovadoras y no-innovadoras) y dos tipos de trabajadores (altamente calificados y poco calificados), en el que las decisiones de los trabajadores se encuentran definidas por conductas imitativas de comportamiento y...
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The empirical evidence on the relationship between income inequality and economic growth is widely recognized and, now, there are rich databases for carry on panel-data type of analyses. However, time series studies for specific countries may be more attractive and yield revealing results. For...
Persistent link: https://www.econbiz.de/10011048794
The recent accelerated expansion of the Brazilian economy, from 2004 to 2007, was driven by exports and gross fixed capital formation. Although this pace of growth is more robust than it was in the 1990s, we can still witness the presence of macroeconomic constraints to its continuation in the...
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Relying on internationally comparable input-output tables, the paper compares the cost of distribution services to market prices in Italy, Japan and the United States between 1970 and 1990, for various types of final buyers and for various product groups. While this ratio is shown to be stable...
Persistent link: https://www.econbiz.de/10005140887