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Economic transformation, population growth and the long-run world income distribution /

This paper considers the long-run evolution of the world economy in a model where countries' opportunities to develop depend on their trade with advanced economies. As developing countries become advanced, they further improve trade opportunities for the remaining developing countries. Whether...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Chamon, Marcos (Autor), Kremer, Michael, 1964- (Autor)
Autor Corporativo: International Monetary Fund. Research Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, Research Dept., Ã2006.
Colección:IMF working paper ; WP/06/21.
Temas:
Acceso en línea:Texto completo

MARC

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245 1 0 |a Economic transformation, population growth and the long-run world income distribution /  |c Marcos Chamon, Michael Kremer. 
260 |a [Washington, D.C.] :  |b International Monetary Fund, Research Dept.,  |c Ã2006. 
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490 1 |a IMF working paper ;  |v WP/06/21 
504 |a Includes bibliographical references. 
588 0 |a Print version record. 
520 |a This paper considers the long-run evolution of the world economy in a model where countries' opportunities to develop depend on their trade with advanced economies. As developing countries become advanced, they further improve trade opportunities for the remaining developing countries. Whether or not the world economy converges to widespread prosperity depends on the population growth differential between developing and advanced economies, the rate at which countries develop, and potentially on initial conditions. A calibration using historical data suggests that the long-run prospects for lagging developing regions, such as Africa, likely hinge on the sufficiently rapid development of China and India. 
505 0 |a Contents -- I. INTRODUCTION -- II. THE MODEL -- A. Evolution of the World Population -- B. Differences Across Countries -- III. A SIMPLE CALIBRATION -- IV. CONCLUSION 
590 |a ProQuest Ebook Central  |b Ebook Central Academic Complete 
650 0 |a Economic geography  |x Econometric models. 
651 0 |a Developing countries  |x Commerce  |x Econometric models. 
650 7 |a Commerce  |x Econometric models  |2 fast 
650 7 |a Economic geography  |x Econometric models  |2 fast 
651 7 |a Developing countries  |2 fast 
700 1 |a Kremer, Michael,  |d 1964-  |e author. 
710 2 |a International Monetary Fund.  |b Research Department. 
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830 0 |a IMF working paper ;  |v WP/06/21. 
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