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Wyświetlanie 1-2 z 2
Tytuł:
The distribution of wage inequality across municipalities in Mexico: a spatial quantile regres-sion approach
Autorzy:
Valdez, Rolando I.
García-Fernández, Francisco
Powiązania:
https://bibliotekanauki.pl/articles/22443155.pdf
Data publikacji:
2022
Wydawca:
Instytut Badań Gospodarczych
Tematy:
wage inequality
spatial quantile regression
municipalities
Opis:
Research background: According to classical labor economics, wage differences among regions of a country that has free-factor mobility should eventually vanish. However, the level of wage inequality among Mexican territories is increasing. The nature and causes of this discrepancy are worth identifying. Purpose of the article: To identify the spatial relationship of wage inequality that existed in the Mexican metropolitan system during the years 2010 and 2015. Methods: We develop a model of wages that considers the interaction between spatial units within a region. Then, we specify a spatial autoregressive model with the average wage per municipality as a dependent variable. This variable is spatially lagged along with other controls such as productivity, schooling, and migration. We combine data from population and economic censuses. Then, we perform a quantile regression to estimate the spatial effect of wage in a region upon quartiles of the wage distribution. Findings & value added: Wage inequality increases within a given region when the average wage increases in one of said region?s municipalities. This phenomenon occurs because in municipalities that are neighbors of the one that enjoys a wage increase, the average wage tends to decrease. The impact is larger in those municipalities whose average wage is in the lower range of the regional wage distribution. Wage inequality is also increased by internal migration and increased productivity. These latter findings are some of the first for Mexico at this aggregation level. A novel aspect of our study is its use of territory as an observation unit for which statistics from population and economic censuses are combined to draw inferences about spatial inequality.
Źródło:
Equilibrium. Quarterly Journal of Economics and Economic Policy; 2022, 17, 3; 669-697
1689-765X
2353-3293
Pojawia się w:
Equilibrium. Quarterly Journal of Economics and Economic Policy
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Oil price and the economic activity in GCC countries: evidence from quantile regression
Autorzy:
Zmami, Mourad
Ben-Salha, Ousama
Powiązania:
https://bibliotekanauki.pl/articles/22444397.pdf
Data publikacji:
2020
Wydawca:
Instytut Badań Gospodarczych
Tematy:
oil price
economic growth
cointegration
quantile regression
asymmetry
GCC
Opis:
Research background: The effects of oil price fluctuations on the macroeconomic performance in oil-importing and oil-exporting countries have stimulated considerable research activity. However, the debate is far from being closed. Purpose of the article: This paper revisits the impact of crude oil price on economic activity in the Gulf Cooperation Council oil-exporting countries. The study covers a relatively long period spanning from 1960 to 2018. Methods: The empirical investigation accounts for structural breaks, nonlinearity, and non-normal ?distribution of data. The Kapetanios (2005) structural breaks unit root test?? and ?Saikkonen?Lütkepohl (2000a, b, c) cointegration test with structural shifts are implemented to examine the stationary properties of data and the presence of cointegration between variables, respectively. Moreover, the quantile regression is employed to assess whether the impact of oil price on real GDP differs across different states of the economy. Findings & Value added: Empirical results suggest the absence of long-run cointegrating relationships between oil price and GDP in all countries. The quantile regression reveals that oil price does not affect real GDP in the same way across countries and for different business cycle phases. More specifically, the symmetric quantile regression findings reveal that oil price exerts a positive impact on GDP in all countries and that the effect is higher during the recession than expansion states. The asymmetric quantile regression shows that GDP reacts to positive oil price changes in all countries. However, only the Emirati and Omani GDPs are affected by negative oil price changes.
Źródło:
Equilibrium. Quarterly Journal of Economics and Economic Policy; 2020, 15, 4; 651-673
1689-765X
2353-3293
Pojawia się w:
Equilibrium. Quarterly Journal of Economics and Economic Policy
Dostawca treści:
Biblioteka Nauki
Artykuł
    Wyświetlanie 1-2 z 2

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