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Full-Text Articles in Social and Behavioral Sciences
Income Inequality And Economic Growth, Nor Azam Abdul Razak
Income Inequality And Economic Growth, Nor Azam Abdul Razak
LSU Doctoral Dissertations
A central issue in the growth literature is whether initial conditions matter for income disparity among nations. If they don't, then countries will converge to a single regime once the structural features of the economies are controlled for. If they do, then countries will converge to multiple regimes even if the structural features are controlled for. This dissertation is designed to investigate whether the world is characterized by a single or multiple regimes. The first paper investigates whether the predictions of a particular multiple-regime model due to Galor and Zeira (1993) are borne out by the data. The baseline analysis …
Health And Growth, Petia Stoianova Stoytcheva
Health And Growth, Petia Stoianova Stoytcheva
LSU Doctoral Dissertations
Inarguably the most important question is about the unequal distribution of income among countries. Development economists have recently turned to health for an answer. This dissertation investigates the e®ect of health on cross-country income. The first essay sheds new light on the impact of AIDS on cross-country income levels. We control for a variety of factors that are potentially related to income as suggested by our empirical model and existing related literature. Using the extended (for human capital) Solow model as our baseline empirical specification, we consider cross-sectional and panel estimation. For the full sample it is shown that AIDS …
Empirical Analysis Of Economic Growth, Winford Henderson Masanjala
Empirical Analysis Of Economic Growth, Winford Henderson Masanjala
LSU Doctoral Dissertations
International evidence on growth rates in per capita incomes reveals persistent differences in development patterns among nations, and shows that the world distribution of per capita income is multi-modal with several basins of attraction. This dissertation investigates the factors underlying these international variations in both the level and rate of growth of per capita incomes. The first essay examines whether nonlinearities in the aggregate production function can explain parameter heterogeneity in the Solow (1956) growth regressions. The choice of and alternative specification of the production function is justified by showing that cross-country level regressions are more consistent with the more …