Economic Growth, Inequality and Migration
Amnon Levy, Joćo Ricardo Faria
E. Elgar Pub., Jan 1, 2002 - Business & Economics - 365 pages
'This book is certainly a great reference for anyone interested in development economics not only because of the specific issues that it covers, but also in terms of the general approaches that it presents. Economists and researchers studying development economics and migration studies will find this collection of works of great usefulness and interest.' - Christopher Bajada, Economic Record During the growth process inequality may rise or decline, and the change in the level of inequality may, in turn, affect growth. An increase in inequality in one place and better prospects of growth and earnings elsewhere can trigger migration. As a result of these close affecting links between factors, each of the eighteen studies - a mix of both theoretical and empirical - is concerned with at least two of these issues, and is classified into one of three general parts in accordance with the theme that is mostly emphasised.
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aggregate American Economic Review analysis Australia average capita income capital accumulation capital market capital stock cent cointegration consumption corner solutions correlation costs country's decrease demographic developing countries differential Economic Growth effect efficiency wage empirical employment endogenous equation equilibrium estimation ethnic evidence exogenous exports external factors fertility foreign borrowing formal methods function Gini coefficient Gini index growth rate higher hukou human capital impact implies important income distribution income inequality increase individuals industry inequality and redistribution inflation investment in human Journal of Economics labour market lags level of foreign likelihood of successful living standards maximise measure median income migration negative output parameter period Perotti political population productivity growth ratio reduce region regression relative wages rent-seeking rural Section share significant simulations skilled labour social welfare function statistically stayers studies successful job-search theory vacancies variables variance wage inequality workers World Bank