A More or Less Unequal World? World Income Distribution in the 20th Century
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چکیده
منابع مشابه
A more or less unequal world ? World income distribution in the 20 th century Bob Sutcliffe
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The World Income Distribution
We show that even in the absence of diminishing returns in production and technological spillovers, international trade leads to a stable world income distribution. This is because specialization and trade introduce de facto diminishing returns: countries that accumulate capital faster than average experience declining export prices, depressing the rate of return to capital and discouraging fur...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2003
ISSN: 1556-5068
DOI: 10.2139/ssrn.376941