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Full-Text Articles in Social and Behavioral Sciences
Are Volatile Coffee Prices Important To Economic Inequality?, Kwame D. Fynn
Are Volatile Coffee Prices Important To Economic Inequality?, Kwame D. Fynn
The Macalester Review
Historically, developing countries have been heavily dependent on natural resources as a major source of national income. Despite their large resource endowments, countries have been subject to volatile commodity prices which might affect the economic development of a nation. A salient measure of development is the inequality that persists within an economy as it portrays relative levels of income distribution. In this paper, using an econometric approach I seek to analyze the impact volatile coffee prices has on income inequality within a country or in a particular geographic region.
How Does Income Inequality Affect The Growth Of U.S. Counties?, Jeremy Roth
How Does Income Inequality Affect The Growth Of U.S. Counties?, Jeremy Roth
Economics Honors Projects
This paper aims to conduct a precise test of the political economy hypothesis linking income inequality and economic growth. By choosing covariates from a detailed county-level dataset and assuming that U.S. counties experience perfect capital mobility, I shut off the four possible channels linking inequality and growth other than political economy. This is a first in an empirical literature that has reported conflicting findings with observations of states and countries. I also present thematic maps to illustrate the cross-county variation in key growth determinants that is masked by state-level studies. My econometric tests find a negative association between the initial …