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Majumdar, Shibalee; Partridge, Mark D.. |
Impact of Economic Growth on Income Inequality: A Regional Perspective Shibalee Majumdar and Mark Partridge Egalitarianism refers to the doctrine of the equality of mankind and the desirability of political, economic and social equality. In this paper, we are going to refer to the concept of economic equality. Theory shows that income inequality is a condition that prevails along with economic growth. According to the utilitarian view, income inequality must exist along with economic growth in order to maximize social welfare. This is in sharp contrast to the egalitarian view according to which, all members of the society should have equal access to all economic resources in terms of economic power, wealth and... |
Tipo: Preprint |
Palavras-chave: Regional development; Income inequality; Spatial relation; Community/Rural/Urban Development. |
Ano: 2009 |
URL: http://purl.umn.edu/49270 |
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Partridge, Mark D.; Rickman, Dan S.. |
Over the past four decades almost 400 U.S. counties have persistently had poverty rates in excess of 20 percent. These counties are generally characterized by weak economies and disadvantaged populations. This raises the hotly debated question of whether poverty-reducing policies should be directed more at helping people or helping the places where they reside. Using a variety of regression approaches, including geographically weighted regression analysis, we consistently find that local job growth especially reduces poverty in persistent-poverty counties. We also find that persistent-poverty counties do not respond more sluggishly to exogenous shocks, nor do they experience more adverse spillover effects from their neighboring counties. Finally, we... |
Tipo: Working or Discussion Paper |
Palavras-chave: Poverty; Persistent poverty; Economic development policies; Place-based policies; Food Security and Poverty. |
Ano: 2005 |
URL: http://purl.umn.edu/18907 |
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Kilkenny, Maureen; Partridge, Mark D.. |
This technical report contributes to NC 1014's efforts to understand and improve the contribution of rural financial markets for rural growth. We investigate the ‗export-led growth' hypothesis about rural development, with particular emphasis on the implications of regional current account surpluses/capital account deficits, and deposits in commercial banks. We find that in just one case, subsequent rural deposits depend positively on prior rural export sector activity. But these deposits do not appear to support local investment: both subsequent rural employment and rural income growth are significantly negatively correlated with initial export intensity. |
Tipo: Journal Article |
Palavras-chave: Community/Rural/Urban Development. |
Ano: 2008 |
URL: http://purl.umn.edu/48145 |
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