1,720,977 research outputs found
"Returns to education and income inequality in Europe"
No full textIn this paper we study the relationship between wage inequality and education in 13 OECD countries over the period 1985-2005 using the Luxembourgh Income Study (LIS) data. Our results show a great deal of heterogeneity in the patterns of the rate-of-return estimates across countries. On the other hand, our results confirm the finding of a general increase in wage inequality. As for the correlation between wage premia and wage inequality, the results show a positive but weak correlation between the estimates of the education return and the Gini index and between the convexity of wage premia and wage inequality. The results show that the increase in wage inequality in the countries considered can only partially be accounted for by observable characteristics such as education and educational premia; i.e., it is largely residual in its nature
MODELLING TECHNICAL EFFICIENCY IN CROSS SECTIONALLY DEPENDENT STOCHASTIC FRONTIER PANELS
No full textThis paper proposes a unified framework for accommodating both time and cross-sectional dependence in
modelling technical efficiency in stochastic frontier models by combining the exogenously driven factor-based
approach and an endogenous threshold efficiency regime selection mechanism. This approach is able to deal with
both weak and strong cross-sectional dependence in a flexible manner. Using a dataset of 26 OECD countries over
1970–2010, we provide satisfactory estimation results for the production technology parameters and the associated
efficiency ranking of individual countries. We find a positive spillover effect on efficiency, supporting the
hypothesis that knowledge spillover is more likely to be induced by technological proximity. Furthermore, our
approach enables us to identify efficiency clubs endogenously
Return to Education and Income Inequality in Europe and the US
No full textIn this paper we study the relationship between wage inequality and education in 13 OECD countries over the
period 1985-2005 using the Luxembourgh Income Study (LIS) data. Our results show a great deal of heterogeneity
in the patterns of the rate-of-return estimates across countries. On the other hand, our results confi rm the fi nding
of a general increase in wage inequality. As for the correlation between wage premia and wage inequality, the
results show a positive but weak correlation between the estimates of the education return and the Gini index and
between the convexity of wage premia and wage inequality. The results show that the increase in wage inequality
in the countries considered can only partially be accounted for by observable characteristics such as education and
educational premia; i.e., it is largely residual in its nature
Exploring the teaching activities of the Italian universities through conditional efficiency analysis
No full text[No abstract available
Una proposta per la definizione e rilevazione del capitale territoriale in Italia
Full text linkThe concept of territorial capital has been discussed in numerous international
documents and in different disciplinary fields. The review
of the literature shows a definitive recurrence of some contributions
and a recent renewed interest in the theme. This happened in a context
of profound change that has seen the gradual affirmation of
“territorial” and “bottom-up” approaches compared to the traditional
“exogenous” and “top-down” ones. From this point of view, the greater
attention paid to the satisfaction of local needs also relativizes the
concept of resource. The socio-cultural dimension assumes a key role
as it depends on the representation of the territory and therefore the
development objectives of a community. Then, the concept of territorial
capital seems to provide an important contribution, especially in
terms of defining the logical framework of reference. In this research,
starting from the literature, the aim is to elaborate a definition of “territorial
capital” which, while reflecting the elements of complexity referred
to, can be applied to different contexts and allow a schematic
simplification of the representation of the territorial qualities. The
analysis of the factors that determine it and the choice of the variables
for its representation clearly highlight the need to reflect further
on the approaches for its measurement and on the modalities of its
use in support of development policies
Poverty, inequality and growth in Albania
No full textThis paper studies the distribution of well-being and, specifically, the degree of poverty and deprivation in Albania, during 2002 and 2005, using Living Standard Measurement Surveys (LSMS). The distribution analysis is performed by applying both one-dimensional and multidimensional approaches, in particular to better examine the link between economic growth, inequality and poverty in Albania. Furthermore, by estimating a non-monetary indicator, as proposed by Bossert et al. (2007), and a non-linear principal component model together with a probit model, the paper focuses on the multidimensional measures of poverty to address the relationship between poverty and socio-economic factors. Our evidence shows that absolute poverty decreased from 2002 to 2005 while national relative poverty increased; economic growth reduced poverty in Albania over the observed period; and living in rural and mountain areas, being female, low educated and with large family increased the probability of suffering from deprivation
Can the belt and road initiative promote the catching-up of China’s West and South-West?
No full text“Background facts and literature” summarizes the basic facts about the lower economic development of China’s Western and South-Western provinces and underlines how economic underdevelopment is somewhat related to lack of transport infrastructure. The BRI has been viewed by many experts as a strategy mostly, if not exclusively, dominated by China’s need to reshape its foreign policy. The chapter addresses one of the channels through which the catching-up of the less affluent parts of China-notably, the Western and South-Western provinces-might be achieved. We reminded, in fact, that the GDP per capita gap across China’s provinces largely overlaps with the cross-provincial gap in terms of transport infrastructure. In that respect, with its westbound projection, the BRI would help boost the transport infrastructure endowment of the up-to-now disadvantaged Western and South-Western provinces
Poverty, inequality and growth in Albania: Empirical evidence, 2002-05
No full textThis article studies the distribution of well-being and, specifically, the degree of poverty and deprivation in Albania, in the years 2002 and 2005, using Living Standard Measurement Surveys (LSMS). The distribution analysis is performed by applying both one-dimensional and multidimensional approaches, in particular to better examine the link between economic growth, inequality and poverty in Albania. Furthermore, by estimating a non-monetary indicator, as proposed by Bossert et al. (2007), and a nonlinear principal component model together with a probit model, the paper focuses on the multidimensional measures of poverty to address the relationship between poverty and socio-economic factors. Our evidence shows that absolute poverty decreased from 2002 to 2005 while national relative poverty increased; economic growth reduced poverty in Albania over the observed period; and living in rural and mountain areas, being female, poorly educated and with a large family increased the probability of suffering from deprivation. © 2014 The European Bank for Reconstruction and Development. Published by Blackwell Publishing Ltd
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