scholarly journals VIEJAS PREGUNTAS, ¿VIEJAS RESPUESTAS?: ALGUNAS REFLEXIONES EN TORNO A LA CONVERGENCIA

2001 ◽  
Vol 27 ◽  
Author(s):  
Luis Bértola
Keyword(s):  
Purchasing Power Parity ◽  
Institutional Environment ◽  
Developed Countries ◽  
Power Parity ◽  
Developed Economies ◽  
Export Sector ◽  
Economic Paradigm ◽  
Factor Markets ◽  
Per Capita ◽  
Capital Humano

A partir de una presentación del desempeño de las economías de Argentina, Brasil y Uruguay en relación a un núcleo de economías desarrolladas en 1870-1990, este trabajo se concentra en explicar el cambio desde una posición de relativamente buen desempeño de las economías rioplatenses hasta principios del Siglo XX, hacia un proceso de progresiva divergencia. El abordaje enfatiza el estudio del crecimiento de la productividad de las economías agro-exportadoras en relación a los cambios tecnológicos e institucionales producidos a lo largo de toda la cadena de producción y comercialización nacional e internacional. Igualmente se refiere a las características de los mercados de factores para la determinación de patrones de distribución del ingreso, que afectan niveles relativos del PBI per capita y de los salarios en términos de paridad de poder de compra. Las determinantes de un buen desempeño hasta la década de 1910 parecen revertirse entre 1910-1930, de la mano de cambios profundos en los paradigmas tecno-económicos y de fuertes cambios socio-institucionales en las economías desarrolladas. Parece agotarse una modalidad de inserción internacional basada en el uso intensivo de factores naturales combinados con la revolución de los transportes terrestres y marítimos, a la vez que la herencia en términos de formación de capital humano dejada por el modelo agro-exportador augura muy fuertes dificultades para insertarse en los nuevos patrones de competencia internacional. Abstract On the basis of an overview of Argentine, Brazilian and Uruguayan growth in 1870-1990 and in relation to a core of developed countries, this paper focuses on the transition which Argentina and Uruguay went through, from a high relative performance to a process of cumulative divergence. The approach emphasizes the role of productivity growth in the agrarian export sector, as related to technological and institutional changes along the whole national and international productive and commerce chain. The paper also refers to the features of factor markets in shaping the pattern of income distribution, and on real per capita GDP and purchasing power parity real wage levels. The underlying forces of the relatively successful performance until the 1910s seem to have experienced a reversal in 1910-1930, together with deep changes in the techno-economic paradigm as well as in the socio-institutional environment in the developed economies. The pattern of foreign trade, based on an intensive use of natural resources combined with the benefits of the transport revolution, both terrestrial and maritime, seemed to have come to n end. The heritage of the agrarian export-led growth in terms of poor human capital formation, anticipates the difficulties which those economies should face in relation to the emerging patterns of international competition.

scholarly journals Participation of women in science in the developed and developing worlds: inverted U of feminization of the scientific workforce, gender equity and retention

2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Shobhana Narasimhan
Keyword(s):  
Developing Countries ◽  
Gender Equity ◽  
Purchasing Power Parity ◽  
Developed Countries ◽  
Women In Science ◽  
Power Parity ◽  
Participation Of Women ◽  
The World ◽  
Per Capita ◽  
Scientific Workforce

Abstract We consider various factors impacting the participation of women in science throughout the world, with a particular emphasis on developing countries. For the world as a whole, we find that when the percentage of women working in science in a country is plotted vs. the per capita GDP of the country (adjusted for purchasing power parity) the data fall on an inverted U-shaped ‘boomerang’ curve. Thus, as per capita wealth increases, the percentage of women in science first increases and then falls. This is in marked contrast to the (right-side-up) U-shaped curve that is well-established for the participation of women in the labor force as a whole, suggesting that there are factors in the culture of science that result in opposing trends to those observed in the general workforce. This also results in many developing countries having a much higher participation of women in the scientific workforce than is seen in economically developed countries. Contradicting previous reports to the contrary, we find a positive correlation between gender equality in science and the degree of overall gender equity in the country. Thus, we do not find evidence for the claim that greater gender equity results in the manifestation of innate gender differences in preferences for science. We find differing patterns of retention in science for women in developing and developed countries. We also briefly discuss other factors that make it difficult for women in developing countries to follow a scientific career, or to advance in their careers.

Analysing Convergence with a Multi-Country Computable General Equilibrium Model: PPP versus Mer

2005 ◽  
Vol 16 (6) ◽  
pp. 901-921 ◽  
Author(s):  
Peter B. Dixon ◽  
Maureen T. Rimmer
Keyword(s):  
Developing Countries ◽  
Greenhouse Gas ◽  
Purchasing Power Parity ◽  
Developed Countries ◽  
Power Parity ◽  
Cge Models ◽  
Starting Point ◽  
Wide Range ◽  
Technology Gaps ◽  
Per Capita

In studies of the greenhouse gas implications of convergence by developing countries to the per-capita GNPs of developed countries, considerable discussion has centred on whether purchasing power parity (PPP) or market exchange rates (MER) should be used in measuring per-capita GNPs. We suggest that technology gaps between developing and developed countries should be the starting point for convergence analysis rather than per-capita GNP gaps. We estimate two sets of initial technology gaps, using PPP and MER price assumptions combined with input-output data. In simulating the effects of closing technology gaps (convergence) using a dynamic, multi-country CGE model, we find: the MER/PPP distinction matters. MER-based estimates of initial technology gaps lead to higher estimates of convergence-induced growth in greenhouse-gas-emitting industries in developing countries than do PPP-based estimates. the industry detail in CGE models is valuable. Our simulations show a wide range of convergence-induced changes in output across industries.

Regional disparity and economic linkage in the Greater Mekong Sub-region

2014 ◽  
Vol 13 (1) ◽  
pp. 59-70 ◽  
Author(s):  
Kenji Nozaki
Keyword(s):  
Purchasing Power Parity ◽  
Design Methodology ◽  
Time Series Data ◽  
Developed Countries ◽  
Regional Disparity ◽  
Series Data ◽  
Power Parity ◽  
Regional Trade ◽  
Content Type ◽  
Per Capita

Purpose – The Greater Mekong Sub-region (GMS) is noted as an investment destination recently. However, there are few surveys about this region. In particular, direction of the regional disparity and economic linkage cannot be found, although it is inevitable to formulate economic or business policies. The paper aims to discuss these issues. Design/methodology/approach – First, the author calculated the regional GINI coefficient of the GMS, converting the per capita GDP using the purchasing power parity. Then, the trend of intra-regional trade was calculated by using the data of Direction of Trade Statistics of IMF. In addition to that, to consider the trade structures, bilateral trades of Thailand with Vietnam, Laos and Myanmar were analyzed. Findings – This paper made clear that the regional disparity of the GMS has been gradually shrinking from serious level to moderate in recent years, although it is still larger than the disparity of ASEAN original members. Two Chinese districts and Vietnam played an important role to improve the disparity. As for the intra-regional trade, it used to be very poor in the early 1990s, but is increasing in these years. There may be some signs of starting of the intra-industrial trade between Thailand and Vietnam, although trades with lower developed countries such as Laos and Myanmar are led by natural resources-related products. Originality/value – This paper is the first survey to calculate the regional disparity of the GMS with time series data. The analysis of the intra-trade among the GMS members expresses the current situation of the economic linkage of this area.

scholarly journals Food Affordability and Economic Growth

TEM Journal ◽  
2020 ◽  
pp. 1571-1579
Author(s):  
Ruslan Mudrak ◽  
Volodymyr Lagodiienko ◽  
Nataliia Lagodiienko ◽  
Vitalii Rybchak
Keyword(s):  
Purchasing Power Parity ◽  
Functional Characteristic ◽  
Alcoholic Beverages ◽  
Power Parity ◽  
Per Capita Gdp ◽  
Food Expenditures ◽  
Per Capita ◽  
Food Affordability ◽  
Constant Prices

The conducted correlation-andregression analysis revealed a close inverse connection between the functional characteristic "share of the expenditures for food and non-alcoholic beverages in the structure of the total expenditures of the households" and the factorial characteristic "GDP per capita by purchasing power parity, at constant prices". The response of the share of food expenditures in the structure of the total expenditures of the households to per capita GDP growth corresponds to the law of diminishing returns. The pattern is manifested in the long-term period.

The effects of the economic crisis on income convergence in the European Union

2012 ◽  
Vol 62 (2) ◽  
pp. 161-182 ◽  
Author(s):  
Nenad Stanišić
Keyword(s):  
European Union ◽  
Economic Crisis ◽  
Purchasing Power Parity ◽  
Gdp Per Capita ◽  
The European Union ◽  
Income Convergence ◽  
Power Parity ◽  
Trade Theory ◽  
Per Capita

This paper evaluates income convergence in the European Union, between “old” (EU15) and “new” member states from Central and East Europe (CEE10), and among the countries within these two groups. The GDP per capita convergence should be expected according to the exogenous economic growth model and neoclassical trade theory. The presence of σ-convergence and both absolute and conditional β-convergence is tested for on a sample of 25 European Union countries (EU25). Results confirm the existence of β-convergence of GDP per capita at purchasing power parity among EU25, but not among EU15 and CEE10 countries. σ-convergence has been confirmed among EU25 and CEE10 countries, while GDP per capita has been diverging in the EU15 group of countries. Moreover, the results reveal that recent economic crisis has reversed long-term tendencies and led to income convergence within EU15 and divergence within CEE10. During the crisis, the income differences among the EU25 countries have increased, but the scope and duration of this effect has been limited and has not affected the long term convergence path. However, the obtained long term speed of convergence is significantly lower compared with the previous researches.

Abstract 3225: Gross Domestic Product and Health Expenditure Associated with Incidence, 30-Day Fatality and Age at Stroke Onset: A Systematic Review

Stroke ◽  
2012 ◽  
Vol 43 (suppl_1) ◽  
Author(s):  
Luciano Sposato ◽  
Gustavo Saposnik
Keyword(s):  
Socioeconomic Status ◽  
Gross Domestic Product ◽  
Purchasing Power Parity ◽  
Case Fatality ◽  
Population Based ◽  
Stroke Onset ◽  
Power Parity ◽  
Day Case ◽  
Scatter Plots ◽  
Per Capita

Background: Differences in definitions of socioeconomic status (SES) and between study designs hinder their comparability across countries. We aimed to analyze the correlation of three widely used macro-SES indicators with stroke incidence and age at stroke onset. Methods: We selected population-based studies reporting incident stroke risk and/or 30-day case fatality according to pre-specified criteria. We used three macro-SES indicators that are consistently defined by international agencies: per capita gross domestic product adjusted for purchasing power parity (PPP-aGDP), total health expenditures per capita at purchasing power parity (PPP-aTHE) and unemployment rate. We used two-tailed Spearman’s test and scatter-plots for analyzing the correlation of each macro-SES indicator with incident risk of stroke, 30-day case fatality rates, proportion of hemorrhagic strokes and age at stroke onset. Results: Twenty-three manuscripts comprising 30 population-based studies fulfilled the eligibility criteria. Age-adjusted incident risk of stroke using standardized World Health Organization World population, 30-day case fatality rates, proportion of hemorrhagic strokes and age at stroke onset were associated to lower PPP-aGDP and PPP-aTHE ( Table 1 and Figures 2 and 3). There was no correlation between unemployment rates and outcome measures. Table 1. Correlation Analyses of Macro-Indicators of Socioeconomic Status Figures 1. Scatter Plots for PPP-aGDP Figures 2. Scatter Plots for PPP-aTHE Conclusions: Lower PPP-aGDP and PPP-aTHE were associated with higher incident risk of stroke, higher case fatality, greater proportion of hemorrhagic strokes and lower age at stroke onset. As a result, these macro-SES indicators may be used as proxy measures of quality of primary prevention and acute care and considered as important factors for developing strategies aimed at improving worldwide stroke care.

Prospects and Opportunities for New Techno-Economic Paradigms — New Technological Modes

2018 ◽  
Vol 6 (1) ◽  
pp. 4-11
Author(s):  
Леонид Басовский ◽  
Leonid Basovskiy ◽  
Елена Басовская ◽  
Elena Basovskaya
Keyword(s):  
Economic Development ◽  
Harmonic Component ◽  
Developed Countries ◽  
Econometric Models ◽  
Per Capita Gdp ◽  
The Real ◽  
Economic Paradigm ◽  
Fixed Assets ◽  
Per Capita ◽  
Regions Of Russia

The model of long-term technical and economic development of industrial and post-industrial economic systems is constructed. The system consists of several subsystems existing simultaneously. Each new subsystem, embodying a new technical and economic mode, provides a higher level of per capita income. The transition to each new stage of technical and economic development — the transition to the predominance, the dominance of the technical and economic paradigm, and the beginning of the spread of a new technical and economic paradigm occurs at the moment when the upward half-wave of the Kondratiev cycle begins to form. To establish the moments of the onset of the upward halfwaves of Kondratiev cycles and the timing of the start of the spread of new techno-economic modes, econometric models of real per capita GDP in developed countries, including a smooth and cyclic (harmonic) component, were constructed. The average duration of the third cycle in these countries was 51.9 years, the fourth cycle — 49.8 years. Because of the construction of econometric models, it was possible to evaluate the productivity of relic, fourth, fifth and sixth technical and economic paradigms in developed countries. The average value of the maximum productivity of the fourth techno-economic mode was 2594 Geri-Hemis $ 1990, the fifth — 12,245 Geri-Hemis $ 1990, the sixth — 25 374 Geri-Hemis $ 1990. The average contribution to the real per capita GDP of relict modes and the fourth mode in the period of its domination was 5004 Geri-Hemis $ 1990, which corresponds to the value of 161,379 rubles. 2008. The excess of this value in Russia provided isdue to the spread of the fifth technical and economic mode. Its significant contribution to the real per capita GDP of the country began to observe since 2001 and by 2015 reached 47%. Modeling the period of the contribution of the fifth paradigm to Russia’s per capita GDP made it possible to predict the transition to its dominance in 2040. The forecast of the transition to the domination of the fifth mode in the regions of Russia is to include this time from 2010 to 2200. Construction of production functions based on data on per capita GRP over the years made it possible to establish that investment in fixed assets and an increase in the share of employed persons with a higher education can accelerate the spread of the fifth techno-economic mode and have received estimates of their effectiveness in the regions of Russia. A feature of the regions in which new modes did not receive proliferation was the low capitalization of new fixed assets and the increased number of employees of territorial bodies of federal executive bodies.

scholarly journals The Big Mac Index And Real-Income Disparity

2014 ◽  
Vol 12 (3) ◽  
pp. 231 ◽  
Author(s):  
Vidya Atal
Keyword(s):  
Czech Republic ◽  
Purchasing Power Parity ◽  
Real Income ◽  
Purchasing Power ◽  
Income Disparity ◽  
Power Parity ◽  
Per Capita ◽  
The Government ◽  
Role Of The Government

The Big Mac Index was introduced to (semi-humorously) test the theory of purchasing power parity and measure the disparity in currency values. Instead, in this paper, we consider this index to find out the per capita real-income disparity across 54 countries. We find that the per capita real-income can be very low in some countries even when Big Mac burgers are very cheap, like in India. Among these countries, Hong Kongs per capita Big Mac affordability is the highest with 47 burgers daily whereas Pakistans people could afford just one a day. Additionally, we find that Russia and Chinas Big Mac affordability has been significantly increasing over the last decade, Brazils has remained more or less constant, however USAs Big Mac affordability has been falling, indicating that per capita real-income of Americans has been decreasing over the last decade. Finally, we find that increased role of the government might be negatively correlated to per capita real-income. Czech Republic has been experiencing increased Big Mac affordability as the country has been reducing the governments role; whereas Argentina has been experiencing reduced Big Mac affordability as the country has been moving left and increasing the governments power.

scholarly journals Is the efficiency of the healthcare system linked to the country's economic performance? Beveridgeans versus Bismarckians

2020 ◽  
Vol 70 (1) ◽  
pp. 1-17
Author(s):  
GraŻyna Kozuń-Cieślak
Keyword(s):  
Healthcare System ◽  
Purchasing Power Parity ◽  
Healthcare Delivery ◽  
Years Of Life Lost ◽  
Power Parity ◽  
Economic Wealth ◽  
Developed Economies ◽  
Common Opinion ◽  
The Many ◽  
The Relationship

AbstractThis paper examines the Bismarckian and Beveridgean-style healthcare systems in 25 OECD countries to identify the relationship between the efficiency of the country's healthcare delivery arrangement and its economic wealth. The Data Envelopment Analysis (DEA) is applied as a quantitative tool. I examine three models using infant mortality and potential years of life lost as output indicators. These models differ only in the way of expressing healthcare inputs. The DEA computations show that neither the Bismarckian nor the Beveridgean healthcare system has a clear advantage over the other when inputs are expressed by health expenditure as a percentage of GDP. The model which uses USD per head expenditure data at purchasing power parity shows a slight advantage of the Beveridge-style systems. This confirms the common opinion that the Bismarck-style systems perform worse in controlling the costs. When inputs are expressed using physical units (medical staff and equipment), DEA shows that the Beveridge system is significantly more efficient than the Bismarckian ones. I analyse the relationship between the DEA scores and the country's GDP per capita, as well. This analysis shows that more developed economies are technically less efficient. These findings are consistent with the belief that technical efficiency is only one of the many criteria that determine the quality of the healthcare system and patient satisfaction.

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