mohamad jafari; ali HASANVAND; Younes Goli
Abstract
The economic growth gap between countries is one of the most important economic realities, and it is important to recognize the main causes. In this regard, the present study uses the statistical evidence of 91 countries over 2003-2017 and the analysis of the spatial theil index to estimate the components ...
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The economic growth gap between countries is one of the most important economic realities, and it is important to recognize the main causes. In this regard, the present study uses the statistical evidence of 91 countries over 2003-2017 and the analysis of the spatial theil index to estimate the components of the economic growth gap of countries. The results show that the share of neighborhood effects in determining the economic growth gap is more than the share of productivity difference. Also, the share of spatial effects in the growth difference of European countries and the share of productivity difference in the growth difference of Asian countries has been higher than other factors. In addition, the economic growth of European countries is convergent and Asian countries is divergent. According to the estimated model by GMM approach, industrialization is one of the main factors for the difference in economic growth of countries. Therefore, with the development of industry and increasing productivity, Iranian economy can be to converge to the top economies.
Income inequality
Sohrab Delangizan; Younes Goli; Yahya Goli
Volume 7, Issue 28 , September 2017, , Pages 83-98
Abstract
Growth inequalities are one of the important issues of urban and regional economies. The present study focuses on the Theil inequality index and regional statistics data of Iran during the years 2005 to 2013. This study measures the inequality and examines the effects of industrialization on it. In this ...
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Growth inequalities are one of the important issues of urban and regional economies. The present study focuses on the Theil inequality index and regional statistics data of Iran during the years 2005 to 2013. This study measures the inequality and examines the effects of industrialization on it. In this study, spatial econometrics has been used. Theil inequality index analysis shows that the major share of growth inequality between regions is due to the neighborhood effects between provinces and the difference in productivity. The results show that economic growth of the provinces is convergent and industrialization in a particular province causes a divergence of economic growth. The effects of overflow lead to convergence of economic growth in the provinces. Therefore, increasing investment in less developed regions can lead to convergence of economic growth in the provinces.