Trade Openness and per Capita Income: The Case of Kuwait

The Rise of Trade Volumes, the Origin-Margin, and Per Capita Income

Recent empirical literature documents the existence of an origin-margin in international trade: importers tend to increase the number of source countries per imported good. Along various dimensions, this trend for diversi…cation strongly correlates with the increase in trade volumes. Existing explanations of the rise of world trade volumes cannot account for that parallel development. This pape...

Distribution of per Capita Income in Georgia

Per Capita Income and the Quality and Variety of Imports

We investigate how the division of aggregate income into per capita income and population affects the margins of imports. In the first part, we use data on imports of 123 countries to document a positive relationship between per capita income and both the extensive and quality margin of imports, for a given level of aggregate GDP. These relations hold at various levels of disaggregation. While ...

The Effects of Governance Indicators on Per Capita Income, Investment and Employment in Selected Mena Countries

Governance is a way of exercising power in economic and social resource management of a country. Good governance criteria have different weights and relation with regard to the conditions and information of any country. This study is a descriptive survey and has been carried out to calculate the coefficients and weights of each indicator of good governance in Mena countries and identification o...

Openness of Trade, Unemployment and Inequality of Income Distribution: Comparison between Developed and Developing Countries

In the discussions of trading, unemployment and income distribution inequality, this question is raised by economists that in economic development of developing and developed countries, which policy is necessary in the first stage. Is trading liberalization the pre-requirement of transfer from a close economy to a relative open economy and is it necessary for the developed economy compared to o...