Since 2014
An Investigation of Cross-Country Income Differences
Economic Analysis Review
View Archive Info| Field | Value | |
| Title |
An Investigation of Cross-Country Income Differences
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| Creator |
Cavalcanti Ferreira, Pedro
Issler, Joao Victor de Abreu Pessoa, Samuel |
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| Description |
This paper investigates the nature of income inequality across nations. Several exercises, such as variance decompositions, simulations and counter-factual analyses are performed. We find that, although total factor productivity has a leading role in explaining the dispersion of output per worker, countries grew in the past –and, consequently, are poor in the present– for different reasons. Even after correcting for productivity differences, some nations remain poor mostly because of low schooling of the labor force and other because they impose too many distortions to capital accumulation. Policy recommendations have to take country differences into account, or else they have a high chance of being either wrong or ineffective.
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| Publisher |
Universidad Alberto Hurtado - Facultad de Economía y Negocios
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| Contributor |
—
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| Date |
2010-03-02
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — — |
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| Format |
application/pdf
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| Identifier |
http://www.rae-ear.org/index.php/rae/article/view/48
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| Source |
Revista de Análisis Económico - Economic Analysis Review; Vol 20, No 2 (2005); 3-21
Revista de Análisis Económico – Economic Analysis Review; Vol 20, No 2 (2005); 3-21 0718-8870 0716-5927 |
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| Language |
eng
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| Relation |
http://www.rae-ear.org/index.php/rae/article/view/48/94
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