Income inequality and the quality of imports

Ciani, Andrea

doi:10.1007/s10290-020-00401-2

Cited by 12 publications

(9 citation statements)

References 65 publications

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“…A 1 percent increase in food import reduces the income inequality by 0.29 percent. This is in synch with other studies such as Ciani (2017) and Otsuka (2013). Conversely, inflation and population growth are statistically significant at 5 percent and 1 percent respectively.…”

Section: Long-run Analysissupporting

confidence: 89%

“…The study reached this decision after employing the generalized method of moment. Ciani (2017) investigated the link between income inequality and food import using a heterogeneous trade model and found a positive relationship between income inequality and food imports. The same finding was found by Otsuka (2013) argued that food imports will solve hunger, create more income via the multiplier process and eventually solve income inequality.…”

Section: Brics Stylized Factsmentioning

confidence: 99%

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The Contribution of Agricultural Production on Selected Sustainable Development Goals in the Brics: A Panel Analysis

Garidzirai¹

2020

EJEF

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Does agriculture contribute to Sustainable Development Goals in the BRICS countries? This question remains one of the unanswered questions in the academic arena. Thus, an examination of this question is crucial. Accordingly, the objectives of the study are twofold. The first objective was to examine the contribution of agriculture on economic growth in the BRICS bloc. The second objective was to investigate the contribution of agriculture on income inequality. The study employed Pooled Mean Group over a period 1995-2018 and found that agriculture production contributes to economic growth and reduces income inequality in the BRICS countries. All the variables met the expected priori and the study confirmed that all the disequilibrium in the shortrun could be corrected in the long-run. Therefore, the BRICS government should strengthen the agricultural sector since it is one of its strongholds sector.

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Section: Long-run Analysissupporting

confidence: 89%

Section: Brics Stylized Factsmentioning

confidence: 99%

The Contribution of Agricultural Production on Selected Sustainable Development Goals in the Brics: A Panel Analysis

Garidzirai¹

2020

EJEF

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“…When income changes have an impact on both export and import demand, the multiplier's value also varies because the multiplier's size is de ned by how consumption and investment react to income changes as a consequence of an automatic shift in demand. (Ciani, 2021). The excess aggregate demand brought on by expansionary monetary and scal policies has resulted in a balance of payments de cit, either through the expansion of imports to offset some of this excess or another portion (excess net demand), which has raised prices, increased imports, and decreased exports.…”

Section: Graphical Illustrationmentioning

confidence: 99%

The mechanism for transferring the impact of the deficits and surpluses in the public budget to the balance of payments

ISMAEL

2022

Preprint

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The purpose of this paper is to clarify how the general budget's (surplus or deficit) impacts diverse sorts of economic activity both inside and outside the nation, including the balance of payments as one of the key economic indicators to comprehend a nation's economic reality with other nations. Numerous studies have been conducted at various levels and for various economies in light of the general budget's significance in economic life and the impact it has on numerous economic variables, particularly the balance of payments. This study differs in several ways from previous studies in that it builds its approach on the idea of linking strategies for dealing with the balance of payments with the public budget and the use of a presentation of that relationship through many equations and illustrative charts. The study supports the research hypothesis through descriptive analysis.

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“…Bekkers et al (2012) used panel data, including Turkey, and showed "the negative effect of inequality" on import unit values. Recently, Ciani (2021) found that income inequality plays a significant role in import demand by inducing "quality and unit value differentials across markets. " Various researchers have also estimated the Turkish import demand function.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Therefore, consumers' behavior matters in determining the import demand function (Mitra and Trindade, 2005). From this point of view, the influence of inequality on the import demand function has gained importance in the many research done so far (Mitra and Trindade, 2005;Adam, Katsimi and Moutos, 2012;Ciani 2021).…”

Section: Introductionmentioning

confidence: 99%

Inequality and the Import Demand in Turkey

Daş¹

2021

ije

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The study aims to see whether the long-run relation between inequality and import demand exists in Turkey. The Autoregressive Distributed Lag (ARDL) cointegration technique is used in this study to estimate the long-run relationships between real imports, income, relative price, real exports, and inequality for the period 1982-2015. The results revealed that the income elasticity of imports is greater than one as the literature suggests. The sign of the coefficient of relative price and its magnitude is also compatible with the literature, while it is not statistically significant. However, the results further reflect that inequality is positively associated with real imports in Turkey contrary to assumptions of the relation between inequality and imports that is found to be negative for lower income countries in some studies. Short-run coefficients reflect that real income and relative prices are associated with real imports, whereas exports and not surprisingly, inequality variables are not in the shortrun. The coefficient of income parameter is less in magnitude in the short-run but still greater than one. However, the sign of the coefficient of the relative price turns out to be positive in the short-run.

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Income inequality and the quality of imports

Cited by 12 publications

References 65 publications

The Contribution of Agricultural Production on Selected Sustainable Development Goals in the Brics: A Panel Analysis

The Contribution of Agricultural Production on Selected Sustainable Development Goals in the Brics: A Panel Analysis

The mechanism for transferring the impact of the deficits and surpluses in the public budget to the balance of payments

Inequality and the Import Demand in Turkey

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