Rapid growth and structural change have reduced poverty in East Asian economies. Income inequality has been low in Korea and Taiwan, but has risen in recent years with economic liberalization. In the Southeast Asian economies of Th ailand, Malaysia and Indonesia, poverty has declined, while income inequality trends have varied, rising most clearly in Th ailand. With its strengthened (private) p...

Çalışmanın amacı, yükselen bir ekonomi için birleşik çerçevede küreselleşme ve finansal gelişmenin gelir eşitsizliği üzerindeki etkilerini ampirik olarak incelemektir. Küreselleşme etkisini incelemek panel veri analizi yöntemi kullanılmıştır. İlk birimler arasında korelasyonun varlığı, Breusch Pegan (2008) LM testi Pesaran, Ullah Yamagata NLM ile incelenmiştir. Değişkenlerin durağanlıkları CADF...

This paper evaluates the impact of China’s WTO accession on patterns of world trade and economic growth by a recursive dynamic, 17-region, 25-sector computable general equilibrium (CGE) model with import embodied technology transfer based on actual market access commitments that China and Taiwan have made to date. The simulation results show that the major gains from WTO accession would accrue ...

The financial sector has been viewed traditionally as either providing the “oil” for the “wheels of commerce” or as a parasite on the real sector of the economy where real productivity gains provide for increasing real wages and per capita incomes. The present paper takes a different route and attempts to an analysis of financial institutions on a par with the production sector of the economy. ...

This paper investigates sudden changes in volatility in the stock markets of new European Union (EU) members by utilizing the iterated cumulative sums of squares (ICSS) algorithm. Using weekly data over the sample period 1994–2006, the time period of sudden change in variance of returns and the length of this variance shift are detected. A sudden change in volatility seems to arise from the evo...

The remarkable stability of low domestic inflation in many countries requires explanation. In this paper, a number of competing hypotheses are evaluated on a stand-alone basis, and all are found to be inadequate. This includes the view that this outcome has been solely the result of more effective disinflationary monetary policies. However, a combination of these hypotheses (including a signifi...

Trade liberalization and its effect on unemployment have, over the years, attracted greater research attention from many researchers, given attendant negative effects it has growth of an economy. The study investigated trade liberalization's impact Nigeria's 1981 to 2022. divided into exports imports trade. employs Ordinary Lease Square. conducted for descriptive statistics tested unit root whe...

We present a new K-band survey covering 623 arcmin 2 in the VVDS 0226-0430 deep field down to a limiting magnitude KVega 20.5. We use the spectroscopic sample extracted from this new K-band catalogue to assess the effectiveness of optical-near infrared color selections in identifying extreme classes of objects at high redshift. 1. The VVDS F02 K-selected sample Near-infrared (NIR) selected samp...

in conjunction with Euler’s formula, f1 = f0 + f2 − 2; see also [6, Sect. 10.3]. Moreover, the cone of flag vectors of 3-polytopes is also given by these two inequalities, together with the usual Dehn– Sommerville relations, such as f02 = 2f1 and f012 = 4f1. Here the extreme cases, polytopes whose f or flag vectors lie at the boundary of the cone, are given by the simplicial polytopes (for whic...