scholarly journals The Role of Nonmetropolitan Economic Performance in Rising Per Capita Income Differences Among the States

1992 ◽  
Author(s):  
John M. Redman ◽  
Thomas D. Rowley ◽  
John Angle
Keyword(s):  
Economic Performance ◽  
Capita Income ◽  
Per Capita Income ◽  
Income Differences ◽  
Per Capita

scholarly journals DOES EXPORT DIVERSIFICATION LEAD TO INCOME CONVERGENCE? EVIDENCE FROM CROSS-COUNTRY ANALYSIS

2020 ◽  
Vol 23 (3) ◽  
pp. 319-346
Author(s):  
Vaseem Akram ◽  
Badri Narayan Rath
Keyword(s):  
Capita Income ◽  
Generalized Method Of Moments ◽  
Export Diversification ◽  
Income Convergence ◽  
Per Capita Income ◽  
Full Sample ◽  
Poor Countries ◽  
Country Analysis ◽  
Per Capita

In this study, we examine the role of export diversification in the convergence of per capita income (output). By applying the dynamic system Generalized Method of Moments (GMM) estimator to a panel dataset consisting of 95 countries, we find evidence of both absolute and conditional divergence for the full sample and the subsamples based on income and regions. Thus, our findings suggest that, although high export diversification boosts the per capita income (output), it does not significantly reduce per capita income (output) gap between rich and poor countries.

Film Production And Economic Performance: Should South Africa Invest In Movies?

2021 ◽  
Vol 4 (2) ◽  
pp. 125-144
Author(s):  
Andrew Phiri ◽  
Keyword(s):  
Foreign Direct Investment ◽  
Economic Performance ◽  
Government Spending ◽  
Capita Income ◽  
Direct Investment ◽  
Film Production ◽  
Domestic Investment ◽  
Per Capita Income ◽  
Long Run ◽  
Per Capita

The movie industry is increasingly recognised as a possible avenue for improving economic performance. This study focuses on film production and its influence on South African economic growth (per capita income and employment between 1970 and 2020). Our autoregressive lag distributive (ARDL) estimates on a loglinearised endogenous growth model augmented with creative capital indicate that the production of movies has no significant effects on long-run GDP growth, per capita GDP and employment. The baseline regressions find a short-run positive and significant influence of film production on per capita income and are devoid of long-run effects. However, re-estimating the regressions with interactive terms between movie production and i) government spending ii) foreign direct investment, improve the significance of film regression coefficients which all turn positive and significant, for government spending, and negative for foreign direct investment. Our results indicate that foreign investment crowds out domestic investment whilst government investment in movies is growth-enhancing.

Role of economic reforms on dismantling barriers to inter-state migration in India

2021 ◽  
Vol 18 (3) ◽  
pp. 297-304
Author(s):  
Sunetra Ghatak ◽  
Debajit Jha
Keyword(s):  
Capita Income ◽  
Economic Reforms ◽  
Per Capita Income ◽  
Model Framework ◽  
The Common ◽  
Per Capita ◽  
Linguistic Divide ◽  
The Impact ◽  
Inter State

Traditionally inter-state migration in India was limited compared to within state migration. Economic reforms in the early 1990s have boosted inter-state migration in the country. Hence, it is important to understand the impact of economic reforms on the determinants of inter-state migration. Recent studies have identified that state border; linguistic divide and per capita income play an important role in determining the location of inter-state migration in India. In this paper, we tried to understand the impact of economic reforms on the choice of the location of inter-state migration in the country by using a gravity model framework. We found that while the impact of per capita income difference has increased in the post-reform period, the impact of the common-border has declined. Moreover, the impact of the linguistic divide has initially increased after reforms.

Regional Economic Growth and Inequality in India: A Sector-wise Decomposition Analysis

2020 ◽  
pp. 097674792091082
Author(s):  
Ranjan Aneja ◽  
Barkha ◽  
Umer Jeelanie Banday
Keyword(s):  
Income Inequality ◽  
Capita Income ◽  
Decomposition Analysis ◽  
High Growth ◽  
Major Change ◽  
Per Capita Income ◽  
Tertiary Sector ◽  
Reform Period ◽  
Per Capita

This article attempts to examine the behaviour of various sectors, with emphasis on the role of income inequality. First, the article estimates the sectoral decomposition in terms of net state domestic product (NSDP) among different states from years 1991–1992 to 2016–2017. Second, we analyse the sector-wise decomposition of regional inequality in term of per capita income. Finally, we analyse the role of developmental expenditure in regional inequalities in term of per capita developmental expenditure across various states. Based on empirical results, India has witnessed a high growth in per capita income in the post-reform period. With high growth rate, the sectoral composition of income has also registered a major change. The tertiary sector is the major contributor to growth in the post-reform period. At the sectoral level, disparity decreased within the sectors in case of primary and tertiary sector and increased in secondary sector. However, overall, the tertiary and secondary sectors are more responsible for raising the income inequality among the states while primary sector is offsetting this gap. JEL: O15, I14, I32, O12

scholarly journals Dependency Ratio, Foreign Capital Inflows and the Rate of Savings in Pakistan

1992 ◽  
Vol 31 (4II) ◽  
pp. 843-856 ◽  
Author(s):  
Ashfaque H. Khan ◽  
Lubna Hasan ◽  
Afla Malik
Keyword(s):  
Economic Growth ◽  
Time Series ◽  
Economic Performance ◽  
Capita Income ◽  
Series Data ◽  
Per Capita Income ◽  
Savings Rate ◽  
Foreign Capital Inflows ◽  
Per Capita ◽  
Savings Rates

National savings are critically important to help maintain a higher level of investment which is a key determinant of economic growth. Although savings rates have fallen in many developing countries during the last two decades, Pakistan presents a unique picture of experiencing high rates of economic growth along with very low savings rates. In fact, the national savings rate of Pakistan is not only low compared to that in many countries with per capita income about the same as Pakistan's but it is even lower to that in some South Asian countries with lower per capita income. Pakistan's economic performance during the last three decades has been impressive. Real gross national product (GNP) has grown at an average rate of 6.0 percent per annum since 1960. The national savings rate, on the other hand, has fluctuated around an almost horizontal trend (15 percent) during the same period. Thus, Pakistan's saving performance and its overall economic performance appear to be incongruous. Although the low savings rates have become a major source of concern in recent years, not much attention has been devoted to highlight the key determinants of saving in Pakistan. In recent years, few studies have been done on this issue using both the time-series and cross-section data. Qureshi (1981); Abbot and DeRosa (1984) and Khan (1988) using time-series data have examined various determinants of household/national savings. Qureshi (1981) concentrated on economic determinants and found income and its rate of growth, the rate of return on financial assets and rate of inflation as key factors influencing household savings in Pakistan.

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