Search results for " distribution dynamics"

Distribution Dynamics and Nonlinear Growth

2003

Nonlinear economic growth: Some theory and cross-country evidence

2007

Abstract This paper aims to test the existence of different growth regimes, that is of different relationships between growth rate and income level. We propose a simple nonlinear growth model and test its empirical implications by estimating Markov transition matrices and stochastic kernels. We show that growth is indeed nonlinear: a first phase of slow or zero growth is followed by a take-off and, finally, by a phase of deceleration. We discuss the relevance of these results with respect to the issue of convergence and reversibility of development, in the light of models of structural change and technological diffusion.

On the Determinants of Distribution Dynamics

2013

n this paper we propose a novel approach to identify the impact of growth determinants on the distribution dynamics of productivit y. Our approach integrates counterfactual analysis with the estima tion of stochastic kernels. The counterfactuals are constructed from a semi-parametric growth regression, in which the cross-section heterogeneity in the growth determinants is removed. The methodology also allows us to test for potential distributional effects in the residuals. We illustrate the usefulness of the proposed methodology by an application to a cross-section of countries, which highlights the significant impact on inequality and polarization in the world productivity distribution of …

The polarization of European agriculture: spatial and dynamic features within a non parametric framework

2009

We present a study of the polarization of European agriculture at NUTS2 regional level. The analysis of selected indicators focuses on spatial and dynamic features of distributions. We make use of the non parametric technique of stochastic kernel which allows to explore the features of a whole distribution and to point out the clustering of statistical units.