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The paper proposes a technique to jointly tests for groupings of unknown size in the cross sectional dimension of a panel and estimates the parameters of each group, and applies it to identifying convergence clubs in income per-capita. The approach uses the predictive density of the data,...
Persistent link: https://www.econbiz.de/10009442330
In this paper, we assess the effect of globalization on the distribution of income within countries, focussing on the influence of foreign direct investment. We analyze data for 72 countries, 1970-90. We incorporate in our tests the Kuznets (1955) curve, measures of the character of political...
Persistent link: https://www.econbiz.de/10011578248
Persistent link: https://www.econbiz.de/10012214559
We test the hypotheses that subsidies on hybrid seed change maize production, total household income, the severity of poverty, and relative deprivation among smallholder maize growers in Zambia. The analysis contributes to the literature by measuring the quantitative effects of seed (as compared...
Persistent link: https://www.econbiz.de/10010880930
In recent years, policymakers across the globe have become increasingly interested in not only the revenue consequences of tax policies but also their distributional impacts: that is, their impacts on different segments of the population. Such evidence can promote a more equitable and...
Persistent link: https://www.econbiz.de/10014450733
Trade policy reforms in recent decades have sharply reduced the distortions that were harming agriculture in developing countries, yet global trade in farm products continues to be far more distorted than trade in nonfarm goods. Those distortions reduce some forms of poverty and inequality but...
Persistent link: https://www.econbiz.de/10008508679
Persistent link: https://www.econbiz.de/10008546861
Argues that it is unrealistic to expect the net benefit of economic globalization to be represented by a single monetary figure because its consequences are diverse and several of its consequences are uncertain. The benefits of economic globalization are accessed in terms of its possible impact...
Persistent link: https://www.econbiz.de/10008530414
The paper proposes a technique to jointly tests for groupings of unknown size in the cross sectional dimension of a panel and estimates the parameters of each group, and applies it to identifying convergence clubs in income per-capita. The approach uses the predictive density of the data,...
Persistent link: https://www.econbiz.de/10004989366
A parsimonious demand modeling approach has been developed for the annual USDA-ERS International Food Security Assessment. The approach incorporates price effects, food quality variation across income deciles, and consistent aggregation over income deciles and food qualities. The approach is...
Persistent link: https://www.econbiz.de/10011167752