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INSTITUTIONAL BARRIER AND THE WORLD INCOME DISTRIBUTION

机译:机构障碍与世界收入分配

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The objective of this paper is to discuss the relationship of the openness and the impact of institutional reforms in the participation of the product of individual countries in global output. Therefore, it is based on economic simulations, a type of alternative approach that uses mathematical techniques and deductions to solve an objective model. The economic simulation of this work reflects that the trade opening level is an important factor of weight for possible institutional alterations in the economies. It is noticeable that, in the countries with low opening level, the cost of the capital is the main setback for the economic growth. And, in those economies with high opening level, the largest dynamics would compensate the problems caused by the cost of the capital. When compared the two types of reforms (continuous versus punctual), the "continuous" reform will bring a more expressive gain quality of the relative product than the "punctual" reform.
机译:本文的目的是讨论开放性和机构改革对全球产出产物产品的影响的关系。因此,它是基于经济模拟,一种使用数学技术和扣除来解决客观模型的替代方法。这项工作的经济模拟反映了贸易开幕水平是经济可能的制度变革的体重的重要因素。这是明显的,在开放级别较低的国家,资本的成本是经济增长的主要挫折。而且,在开放水平高的经济体中,最大的动态将补偿资本成本造成的问题。比较两种类型的改革(连续与准时)时,“连续”改革将带来相对产品的更具表现力的收益质量,而不是“准时”改革。

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