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Publications (27)
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– Comment on 'Redistribution, inequality, and growth: new evidence'
An influential paper by Berg et al., ‘Redistribution, inequality, and growth: new evidence’, uses the SWIID data to examine the impact of inequality and redistribution on growth in both developing and developed countries. It finds that while inequality is harmful for growth, redistribution does not...
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In this paper, we use the World Income Inequality Database to assess the main trends in inequality within countries since around 1990. We cope with the heterogeneity in the original information (regarding the measure of resources, equivalence scale, etc.) by focusing on the trends rather than on the...
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– An integrated approach
In large parts of the world, income inequality has been rising in recent decades. Other regions have experienced declining trends in income inequality. This raises the question of which mechanisms underlie contrasting observed trends in income inequality around the globe. To address this research...
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– Accounting for inequality changes in Spain during the recession
I discuss a new approach which decomposes inequality into the contributions of population groups by income sources. I estimate a matrix with rows and columns which indicate different population groups and income sources respectively, with each element indicating the marginal change in the inequality...
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An important feature of aid to developing countries is that it is given to the government. As a result, aid should be expected to affect fiscal behaviour, although theory and existing evidence is ambiguous regarding the nature of these effects. This paper applies techniques developed in the...
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– Accounting for Transmission Mechanisms
This paper is a contribution to the literature on aid and growth. Despite an extensive empirical literature in this area, existing studies have not addressed directly the mechanisms via which aid should affect growth. We identify investment as the most significant transmission mechanism, and also...
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– Tied Aid Versus Direct Budgetary Support
There has been significant amount of aid inflows to developing countries including Ghana, but these have been very volatile. Aid flows have been associated with low domestic resource mobilization and have reduced Ghana to a country heavily dependent on aid. The amount of official development...
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We analyse the Granger causal relationships between foreign direct investment (FDI) and GDP in a sample of 31 developing countries covering 31 years. Using estimators for heterogeneous panel data we find bi-directional causality between the FDI-to-GDP ratio and the level of GDP. FDI has a lasting...
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This paper investigates the simultaneous causal relationship between investments in information and communication technology (ICT) and flows of foreign direct investment (FDI), with reference to its implications on economic growth. For the empirical analysis we use data from 23 major countries with...
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– a Causal Relationship
The paper examines the causal relationship between FDI and economic growth by using an innovative econometric methodology to study the direction of causality between the two variables. We apply our methodology, based on the Toda-Yamamoto test for causality, to time-series data covering the period...
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– The Role of Natural Resources, Market Size, Government Policy, Institutions and Political Instability
Data from several investor surveys suggest that macroeconomic instability, investment restrictions, corruption and political instability have a negative impact on foreign direct investment (FDI) to Africa. However, the relationship between FDI and these country characteristics has not been studied...
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Determining whether well-being has improved is an important multidisciplinary task. It is important therefore to develop a multidimensional measure of well-being that reflects a wide spectrum of human needs. A new approach is presented in this paper based on multidimensional hierarchical human needs...
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– Past, Present, and Future
This paper surveys the various composite well-being indices that have been inter-country assessments over the last 40 or so years, including the well known Human Development Index (HDI). A number of issues are considered, including the choice of components, component weights, scale equivalence, non...
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This paper considers the use of participatory methods in international development research, and asks what contribution these can make to the definition and measurement of well-being. It draws on general lessons arising from the project level, two larger-scale policy research processes sponsored by...
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– New Tools to Address Urgent Global Problems
Multiactor global funds (MGFs) are emerging as important new mechanisms for the financing of development and other global priorities. MGFs like the Global Fund for AIDS, Tuberculosis and Malaria are distinctive because they are administered and financed by multiactor coalitions of governments...
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– Implications for a Developing Country
India’s capital account displays a sharp swing in external financing from official assistance to private capital transfers in the 1990s. This paper examines the implications of this transition for the country. An analysis of the private resource transfer reveals that unlike official flows, private...
Displaying 16 of 27 results