Does Trade and Technology Transmission Facilitate Inequality Convergence? An Inquiry into the Role of Technology in Reducing the Poverty of Nations

WPIEA2007016 Image
Price:  $18.00

Author/Editor: Gouranga Gopal Das
Release Date: © January, 2007
ISBN : 978-1-45186-580-6
Stock #: WPIEA2007016
English
Stock Status: Available

Languages and formats available

EnglishFrenchSpanishArabicRussianChinesePortuguese
PaperbackYes
PDFYes

Description

Based on stylized evidence showing variation of the Gini coefficient of income inequality across skill cohorts and on the rapid rise in trade in technology-intensive goods, the ripple effects of technology transmission and income inequality are explored in a global Computable General Equilibrium (CGE) framework. An exogenous technology shock transmitted via trade from the United States induces productivity growth in developing regions. This spillover capture-aided by absorptive capability, better governance and institutions, technological symmetry and social acceptance-causes income to increase and income inequality to decline. The conjoined parameters retard growth's inequality-enhancing effect and thus facilitate long-run convergence of inequality between nations.

Taxonomy

Bond markets , Capital markets , Economic development , Economic policy , Financial institutions and markets , Fiscal policy




More publications in this series: Working Papers


More publications by: Gouranga Gopal Das