Skip to main content

Exchange rates, productivity, poverty and inequality

Buy Article:

$51.63 plus tax (Refund Policy)

Abstract:

This article analyses differences in the wealth of nations by comparing PPP-based cross-country incomes from the Penn World Table with those derived from prevailing exchange rates. Using the Balassa (1964)-Samuelson (1964) productivity-bias framework, we introduce the 'international poverty line' and illustrate the implications for cross-country income inequality. We demonstrate that our results are not inconsistent with the previous literature when appropriately interpreted.

Document Type: Research Article

DOI: http://dx.doi.org/10.1080/00036840500439101

Affiliations: 1: Economics Program, Business School, The University of Western Australia, Crawley, WA 6009, Australia 2: Financial Studies Program, Business School, The University of Western Australia, Crawley, WA 6009, Australia

Publication date: March 1, 2007

More about this publication?
routledg/raef/2007/00000039/00000004/art00008
dcterms_title,dcterms_description,pub_keyword
6
5
20
40
5

Access Key

Free Content
Free content
New Content
New content
Open Access Content
Open access content
Subscribed Content
Subscribed content
Free Trial Content
Free trial content
Cookie Policy
X
Cookie Policy
ingentaconnect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more