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2022, considering the effects of globalization. Using a deductive methodology that combines a comprehensive literature … of prudent debt management, especially in the context of globalization, where emerging economies are more exposed to …
Persistent link: https://www.econbiz.de/10015361640
The causal effect of globalization on income inequality is an issue of significant academic interest. On one hand … globalization is considered to promote global economic growth and social progress, while on the other, it is blamed for growing … analyses the impact of globalization on income inequality by estimating static and dynamic models for panel data of 68 …
Persistent link: https://www.econbiz.de/10010310625
The causal effect of globalization on income inequality is an issue of significant academic interest. On one hand … globalization is considered to promote global economic growth and social progress, while on the other, it is blamed for growing … analyses the impact of globalization on income inequality by estimating static and dynamic models for panel data of 68 …
Persistent link: https://www.econbiz.de/10010957824
Sub-Saharan Africa (SSA) ranks as the second most unequal region globally (in terms of income distribution), harboring 10 of the 19 most unequal countries in the world. This paper explores the channels through which income inequality exerts its effects on economic growth in SSA. The study spans...
Persistent link: https://www.econbiz.de/10012302796
Utilising panel data for 14 East European transition economies, we find support for the hypothesis that a greater degree of export variety relative to the U.S. 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/10012148453
In this paper, we examine the empirical relationship between current account balance and output volatility in a panel data framework using annual data from 185 countries over the period from 1950 to 2010. In our static panel data analysis, we find that a larger current account deficit is...
Persistent link: https://www.econbiz.de/10010737994
This paper analyses the validity of second generation endogenous growth theories for six developed countries and ten manufacturing sectors over the period 1979-2001, applying modern tests and estimation procedures for the treatment of panel data. The basic autonomous innovation-driven model is...
Persistent link: https://www.econbiz.de/10010778583
The paper tests whether the theory of Purchasing Power Parity holds in a selected sample of twenty African countries. The paper employs a panel unit root test to test whether the real exchange rates in the panel are mean reverting or not. The test employed is the Im et al (1997) test. Results...
Persistent link: https://www.econbiz.de/10005651641
Utilising panel data for 14 East European transition economies we find support for the hypothesis that a greater degree of export variety relative to the U.S. 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/10005572064
Utilising panel data for 14 East European transition economies, we find support for the hypothesis that a greater degree of export variety relative to the U.S. 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/10005771113