{"title":"Determinants of Wealth Disparities in the EU: A Multi-scale Development Accounting Investigation","authors":"Georges Daw","doi":"10.1057/s41294-021-00161-4","DOIUrl":"https://doi.org/10.1057/s41294-021-00161-4","url":null,"abstract":"","PeriodicalId":46161,"journal":{"name":"Comparative Economic Studies","volume":"64 1","pages":"211 - 254"},"PeriodicalIF":0.8,"publicationDate":"2021-08-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46527349","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Economic and Financial Adjustments in Europe: An Introduction","authors":"António Afonso, José Alves, J. Jalles","doi":"10.1057/s41294-021-00164-1","DOIUrl":"https://doi.org/10.1057/s41294-021-00164-1","url":null,"abstract":"","PeriodicalId":46161,"journal":{"name":"Comparative Economic Studies","volume":"63 1","pages":"337 - 338"},"PeriodicalIF":0.8,"publicationDate":"2021-07-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42051222","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"How Can Culture Affect Taxation? A Postmaterialism Value Approach","authors":"Nicolae-Bogdan Ianc, Thierry Baudassé","doi":"10.1057/s41294-021-00162-3","DOIUrl":"https://doi.org/10.1057/s41294-021-00162-3","url":null,"abstract":"<p>Direct tax revenues vary significantly, in the percentage of GDP, in selected countries. This difference is coming for various reasons. Our aim in this paper is to emphasize that there is a vital argumentation which is put forward to explain these variations, called cultural diversity. We employ a panel data with 46 selected countries and using the Materialist/Postmaterialist 12-item index; we highlight the impact of this postmaterialist index on direct tax revenues. Our study comprises six waves, and it includes the most recent dataset regarding culture dimension, namely World Values Survey Wave 7 (2017–2020). Moreover, we control for country characteristics and endogeneity issues. The results show that the degree of postmaterialism explains the level of direct tax revenues. The findings are robust when we include environmental taxes. These results highlight that cultural attitudes should be considered when studying the level of direct tax revenues and how culture dynamics impact taxation.</p>","PeriodicalId":46161,"journal":{"name":"Comparative Economic Studies","volume":"2 5","pages":""},"PeriodicalIF":0.8,"publicationDate":"2021-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138512430","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Overall US and Census Region β-Convergence 1963–2015 Controlling for Spatial Effects","authors":"Vicente German-Soto, Gregory Brock","doi":"10.1057/s41294-021-00159-y","DOIUrl":"https://doi.org/10.1057/s41294-021-00159-y","url":null,"abstract":"<p>Economic growth and β-convergence of American states 1963–2015 is analyzed adjusting for significant spatial autocorrelation with system-GMM by considering the four Census macro regions individually. The Census regions converged over the last 50 years with both physical and human capital contributing to growth. In an early era (1963–1983), convergence was higher with rates varying between 4.7 and 1.5%, while for a later era (1984–2015) the rate was below 1% which is below the standard of 2% but fits well with a neoclassical growth paradigm. The Midwest region had the highest rate of convergence in the early era but then had almost no convergence in the later era with the other three regions having very low but positive convergence. Unlike many earlier studies, human as well as physical capital accumulation empirically supports economic growth as theory predicts.</p>","PeriodicalId":46161,"journal":{"name":"Comparative Economic Studies","volume":"7 6","pages":""},"PeriodicalIF":0.8,"publicationDate":"2021-07-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138512424","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Ghulam Shabbir, Amjad Naveed, Muhammad Ali Khan, Shabib Haider Syed
{"title":"Does Peace Promote Bilateral Trade Flows? An Economic Analysis of Panel Data in Asian Perspective","authors":"Ghulam Shabbir, Amjad Naveed, Muhammad Ali Khan, Shabib Haider Syed","doi":"10.1057/s41294-021-00155-2","DOIUrl":"https://doi.org/10.1057/s41294-021-00155-2","url":null,"abstract":"<p>This study investigates the effect of peace on the bilateral trade flows of Pakistan under the framework of the gravity model. Specifically, we tested the impact of peace (using the Global Peace Index) in Pakistan relative to its 26 trading partners on trade flows from 2007 to 2018. Using system GMM estimation procedure that takes care of endogeneity issues, this study shows that the standard gravity model does not hold in the case of Pakistan. Therefore, it is important to investigate whether the peace in Pakistan and its trading partner promotes trade in the regions. Furthermore, the results indicate that a rise in the prevalence of peace in Pakistan relative to its trading nation has significantly and positively contributed to its trade flows. Besides, development of infrastructure improves trade flow due to low transportation cost. From a policy perspective, reducing conflict and promoting peace will further encourage neighboring countries to enhance trade relations, which will be beneficial for the whole region.</p>","PeriodicalId":46161,"journal":{"name":"Comparative Economic Studies","volume":"23 6","pages":""},"PeriodicalIF":0.8,"publicationDate":"2021-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138527392","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Eugene Bempong Nyantakyi, Qingwei Meng, Matthew T. Palmer
{"title":"Local Skill Development from China’s Engagement in Africa: Comparative Evidence from the Construction Sector in Ghana","authors":"Eugene Bempong Nyantakyi, Qingwei Meng, Matthew T. Palmer","doi":"10.1057/s41294-021-00154-3","DOIUrl":"https://doi.org/10.1057/s41294-021-00154-3","url":null,"abstract":"","PeriodicalId":46161,"journal":{"name":"Comparative Economic Studies","volume":"64 1","pages":"68 - 85"},"PeriodicalIF":0.8,"publicationDate":"2021-06-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"58591283","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Globalization, Income Tax and the Redistribution–Progressivity Tradeoff","authors":"Joël Hellier","doi":"10.1057/s41294-021-00152-5","DOIUrl":"https://doi.org/10.1057/s41294-021-00152-5","url":null,"abstract":"","PeriodicalId":46161,"journal":{"name":"Comparative Economic Studies","volume":"63 1","pages":"384 - 410"},"PeriodicalIF":0.8,"publicationDate":"2021-05-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43402323","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Current Account Balance and Financial Development in MENA Countries: The Role of Institutions","authors":"Rihab Bousnina, Foued Badr Gabsi","doi":"10.1057/s41294-021-00153-4","DOIUrl":"https://doi.org/10.1057/s41294-021-00153-4","url":null,"abstract":"<p>This paper examines the relationship between current account and financial development, while taking into account institutional quality in the Middle East and North Africa (MENA) region over the period 1990–2018. By applying various measures of the quality of institutions and two indices representing financial development, we found that, while most financial development indices have a significant positive effect on the current account, the coefficients of the interaction term are significantly negative. This clearly shows that institutional quality mitigates the positive effect of financial development on the current account. Our empirical results allow us to conclude that the level of financial development in a country with a high level of corruption increases the current account deficit. These results suggest that, in order to benefit from financial development, financial systems in MENA countries must be embedded within a sound institutional framework.</p>","PeriodicalId":46161,"journal":{"name":"Comparative Economic Studies","volume":"86 0","pages":""},"PeriodicalIF":0.8,"publicationDate":"2021-05-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138527359","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}