Income Inequality and the Informal Economy in Transition Economies

Rosser, J. Barkley; Rosser, Marina V.; Ahmed, Ehsan

doi:10.1006/jcec.2000.1645

Cited by 185 publications

(103 citation statements)

References 33 publications

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“…Appendix Tables A.1 and A.2 present the coefficients and their z-ratios for quantiles 5, 25, 50, 75, and 95 for the two survey years. 24 The coefficient on the urban dummy measures the urban-rural gap that is unexplained by the covariates in the regressions. The gaps are large and are statistically significant in all but three cases.…”

Section: Quantile Regressionsmentioning

confidence: 99%

A quantile regression decomposition of urban–rural inequality in Vietnam

Nguyen

Albrecht

Vroman

et al. 2007

Journal of Development Economics

154

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We use the Vietnam Living Standards Surveys from 1993 and 1998 to examine inequality in welfare between urban and rural areas in Vietnam. Real per capita household consumption expenditure (RPCE) is our measure of welfare. We apply a quantile regression decomposition technique to analyze the difference between the urban and rural distributions of log RPCE. In the earlier survey, the urban-rural gap is primarily due to differences in covariates such as education, ethnicity, and age. This is true across the entire distribution. In the later survey, this is true only for lowest quantiles. For the rest of the distribution, the gap is primarily due to differences in returns to covariates between the urban and rural sectors.

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Section: Quantile Regressionsmentioning

confidence: 99%

A quantile regression decomposition of urban–rural inequality in Vietnam

Nguyen

Albrecht

Vroman

et al. 2007

Journal of Development Economics

154

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“…RobeRto Dell'Anno | Inequality and informality in transition and emerging countries correlation (whether it is positive or negative) between inequality and informality is affected by the problems of working with unreliable estimates of the informal economy and the effects of other variables and circumstances [10], as summarized and developed in the previous paragraph and in Figure 1.…”

Section: Macroeconometric Methods Are Usually Placed Into Three Groupsmentioning

confidence: 99%

“…When focusing on transition countries, the first attempt to document a relationship between income inequality and the relative size of the informal economy was based on estimates of informality calculated by the electricity method for the years 1989 to 1995 in 17 transition economies [10]. This research found a positive correlation between income inequality and the informal economy.…”

Section: What Does the Empirical Literature Find?mentioning

confidence: 99%

Inequality and informality in transition and emerging countries

Dell’Anno¹

2016

izawol

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte.

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“…As political-economists such as Rosser and Rosser (2004) point out, all nations' economies can be classified differently into systems across many criteria, such as by: allocation, customs, forms of ownership, role of planning, types of incentives, income redistribution, social safety nets, and impact of ideology and politics. Whereas the "traditional economy" allocates wealth based on customs, such as India's cast system, and results in many cultural products, perhaps seasonal, the "market economy" does so by supply and demand, as in the West.…”

mentioning

confidence: 99%

“…Combinations exist, such as the planned-market economies, as in France and Japan. In Islamic nations, interest is forbidden, but allowed for some financial instruments, such as in Saudi Arabia, while China under Confucianism encourages a greater good for the society, and more saving (Rosser and Rosser 2004). Scandinavian countries have developed strong social safety nets, due to the historical importance of unions, and corporatism that links businesses with employees (Rosser and Rosser 2004).…”

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confidence: 99%

Will Economic Globalization Result in Cultural Product Homogenization, in Theory and Practice?

Barry¹

2015

Symposion

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Globalization is resulting in complex decisions by businesses as to where and what to produce, while free trade is resulting in a greater menu of choices for consumers, often with the blending of products and goods from various cultures, called 'glocalization.' This paper reviews the theories and practices behind these current happenings, which are each economic, politicaleconomic, institutional, and sociological, first by looking at the supply side of why certain countries produce the goods that they do, and then at the demand side, why consumers have particular, cultural tastes and preferences for goods. It also proffers theories to explain firm location and that of intra-industry trade. This occus when countries trade similar products rather than differentiating, as economic theory would suggest. After reviewing the literature, through numerous examples of political-economy and culture, it argues somewhat normatively that differences in culture and goods are a strength to the world community, and that globalization in the end will not likely result in a singular global culture with a uniformity of exactly identical economic goods anytime in the near future.

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Income Inequality and the Informal Economy in Transition Economies

Cited by 185 publications

References 33 publications

A quantile regression decomposition of urban–rural inequality in Vietnam

A quantile regression decomposition of urban–rural inequality in Vietnam

Inequality and informality in transition and emerging countries

Will Economic Globalization Result in Cultural Product Homogenization, in Theory and Practice?

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