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Recent contributions to the empirical growth literature show no tendency to convergence in specification, as researchers seek to identify new variables that can account for significant regional effects in earlier work. We conduct non-nested tests between the models of Barro (1997), Easterly and...
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It is shown that convergence in inequality has been significantly slower amongst developing countries.
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This study investigates the effects of GDP per capita on infant mortality using panel data from 83 developing countries over a period of 40 years. Although economic growth broadly decreases infant mortality, the impact of economic growth on infant mortality for the periods of economic booms and...
Persistent link: https://www.econbiz.de/10009274349
It is shown that convergence in inequality has been significantly slower amongst developing countries.
Persistent link: https://www.econbiz.de/10010629233
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This paper analyzes trade in an asymmetric 2×2×2 world, where the two countries, labelled America and Europe, differ in their attitudes towards wage inequality. In both America and Europe, fair wage considerations compress differentials between the wages for skilled and unskilled workers,...
Persistent link: https://www.econbiz.de/10005405845
In this paper the welfare effects of tariffs and import quotas in the presence of involuntary unemployment are derived and compared. The framework used is the standard model of a competitive small open economy with many goods and factors. Optimum levels of the respective trade policy instruments...
Persistent link: https://www.econbiz.de/10005467116