منابع مشابه
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...
متن کاملInternational Migration and the World Income Distribution
Emigrants moving from poor to rich countries experience large income gains on average. These gains are further augmented by remittances that allow a portion of the gains to be spent at lower sending-country prices. Taking advantage of recently available estimates of emigration-related income gains, this paper estimates the direct impact of international migration on the world income distributio...
متن کاملIntuitions: Measuring the World Distribution of Income
Growing interest in inequality has generated an outpouring of scholarly research and has brought many discussions on the subject into the public realm. Surprisingly, most of these studies and discussions rely on a narrow set of indicators to measure inequality. Most of the time a single summary measure of inequality is considered: the Gini coefficient. This is surprising not only because there ...
متن کاملThe World Distribution of Income and Income Inequality
The World Distribution of Income and Income Inequality This review covers a range of measures and methods frequently employed in empirical analysis of global income inequality and global income distribution. Different determinant factors along with quantification of their impacts and empirical results from different case studies are presented. These results are further contrasted to those obtai...
متن کاملAsymmetric Trade Costs, Trade Imbalances, and the World Income Distribution
Earlier work by Waugh (2010) suggests that asymmetric market access costs across exporting countries are a major reason for differences in real per-capita income around the globe: 25% − 50% (depending on the measure) of world income inequality could be explained by cross-country trade cost asymmetries alone. We show that these results were driven by what we call model under-specification, an il...
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ژورنال
عنوان ژورنال: The Quarterly Journal of Economics
سال: 2002
ISSN: 0033-5533,1531-4650
DOI: 10.1162/003355302753650355