Search results for "Per capita income"
showing 10 items of 32 documents
PERMANENT INCOME, CONVERGENCE AND INEQUALITY AMONG COUNTRIES
2008
The literature on inequality has generally focused on the analysis of annual per capita income. This paper adopts a different approach by considering the life-cycle dimension of inequality and convergence between economies from 1960 to 2000. We analyze the present value of the set of incomes individuals obtain throughout their whole life (permanent income). On the basis of this approach, various simulations are made to determine the effect on inequality in permanent income of variables such as survival rates and the long-run growth rates in current income. The results indicate that survival rates are an important source of inequality. Inequality in permanent income is about one third higher…
Growth and Spatial Dependence in Europe
2009
The convergence of European regions has been largely discussed in the empirical literature during the last decade. Two observations are often emphasized. First, the convergence rate among European regions appears to be very slow (Barro and Sala-i-Martins 1991, 1995; Armstrong 1995, Sala-i-Martin 1996a,b). Second, the tools used in the regional science literature show that the geographical distribution of European per capita GDP is highly clustered and characterized by global and local autocorrelation (Armstrong 1995; Ertur et al. 2007; Lopez-Bazo et al. 1999; Le Gallo and Ertur 2003 with a UE15 regional database and Ertur and Koch 2006, with a UE27 enlarged regional database). Many other st…
Sigma-convergence in the OECD: Transitional Dynamics or Narrowing Steady State Differences?
2002
The empirical literature of growth has steadly improved the econometric methods used mainly to address the effect of cross-country heterogeneity in the estimated convergence rate. In this paper, we highlight an important implication of this process of econometric refinement that has so far received little attention. We show that the picture that emerges from models that allow for generalised heterogeneity changes our view of the process of convergence within the OECD. Estimation methods that allow for non or partial heterogeneity stress the importance of transitional dynamics in the process of convergence. Thus sigma-convergence is mostly accounted for by beta-convergence. On the contrary, …
The role of the economic crisis on the competitiveness of the agri-food sector in the main Mediterranean countries
2014
Th e world economic crisis that, since 2008 has also struck the real economy, cannot be attributed only to the United States bubble which in 2007 involved the mortgage credit market, but it is the result of a series of factors among which the imbalance of the fi nancial market, of the public accounts of the main economies and the real sector. Also agricul- ture, which has always been considered an anti-cyclic sector, has seen a strong slowdown with a plunge in the trade fl ows. Th is paper analyses the changes which happened to the competitive position in the world market of some Mediterranean countries and of France, Italy, Spain and Turkey in particular trying, moreover, to understand the…
Comparisons Of Labour Productivity And Per Capita Income In The Nordic Countries (2000-2010)
2013
Due to increased international trade for the last decades and also increased labour and capital mobility, there has been increased interest in international comparisons of economic performance and living standard among countries. Economic performance for a country may be measured by average labour productivity while living standard is measured by production per capita. Differences in these figures among countries are determined by differences in the number of working hours per person per year and the share of the population that works. This approach gives us the opportunity to examine how living standard and economic performance are related. Labour productivity depends, in general, on the a…
Patterns of inter- and intra-regional differences in human capital and earnings : Evidence from Finland and Sweden 1987–2015
2021
In this paper, we examine the long-term patterns of geographical disparities in human capital and income in Finland and Sweden over the period 1987–2015. Using nationwide longitudinal population register data, we analyze disparities at different spatial scales, between and within functional labor market regions determined by observed travel-to-work patterns. Contrary to the findings from many other developed economies indicating inter-regional divergence in per capita income, we find indications of inter-regional convergence in per capita earnings among the functional labor market regions in both countries after 2000. However, small, and peripheral regions have not recovered from the macroe…
Manfaat Ekonomi Ekowisata Hiu Paus (Rhincodon typus) di Kampung Akudiomi Distrik Yaur Kabupaten Nabire
2017
Model pemanfaatan hiu paus yang memberi manfaat ekonomi sekaligus memberikan perlindungan terhadap hiu paus dapat dilakukan melalui pariwisata dengan konsep ekowisata. Kampung Akudiomi merupakan salah satu kampung di wilayah Taman Nasional Teluk Cenderawasih yang memiliki objek dan daya tarik wisata berbasis hiu paus. Meningkatnya kunjungan wisatawan ke wilayah ini telah memberi manfaat ekonomi bagi berbagai pihak. Tujuan penelitian ini yaitu mengetahui manfaat ekonomi yang diperoleh para pemangku kepentingan dan secara khusus mengetahui tingkat kesejahteraan pelaku usaha wisata lokal dari aktifitas ekowisata hiu paus. Studi dilakukan pada bulan Maret hingga Mei 2014 di Kampung Akudiomi Kab…
Growth and convergence profiles in the Spanish provinces (1965-1997)
2005
. Economic performance in Spanish provinces has led to a considerable improvement in standard of living of their populations. Intense capital accumulation since the 1950s played a key roll in this process. Provincial inequalities may increase or decrease as a result of this growth pattern. This study analyzes the evolution of the disparities by means of distribution dynamics techniques. It explicitly considers economic size of each province and whether spatial spillovers exist. Results indicate that the convergence process has been especially intense for labor productivity, total factor productivity, and capital intensity, while for per capita income the patterns of convergence are less ma…
Street Food and Street Vendors, a Culinary Heritage?
2018
This paper examines the theoretical discourse surrounding street food and tells how street food is multidimensional and spatially contingent, but also tackles food safety and aspects related to street vendors’ issues. The street food sector offers to the guests various dishes and drinks prepared at the place of sale or only marketed by itinerant merchants or by vendors with stationary carts, either on the streets or in other public places that may be of interest for tourists. Fast food is generally associated with globalization, so present in high income per capita countries. This paper aims to present a radiography of street food marketing, an image that defines a particular region or coun…
Conflict and the Evolution of Societies
2012
The Malthusian theory of evolution disregards a pervasive fact about human societies: they expand through conflict. When this is taken account of the long-run favors not a large population at the level of subsistence, nor yet institutions that maximize welfare or per capita output, but rather institutions that maximize free resources. These free resources are the output available to society after deducting the payments necessary for subsistence and for the incentives needed to induce production, and the other claims to production such as transfer payments and resources absorbed by elites. We develop the evolutionary underpinnings of this model, and examine the implications of free resource …