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Capital Accumulation, Technological Change, and the Distribution of Income during the British Industrial Revolution
Allen, Robert C. - Department of Economics, Oxford University - 2005
they contain a story of dramatically increasing inequality between 1800 and 1840: GDP per worker rose 37%, real wages … inequality was intrinsic to the growth process. Technical change increased the demand for capital and raised the profit rate and …
Persistent link: https://www.econbiz.de/10005047943
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Knowledge-Driven Economic Development
Bandyopadhyay, Sanghamitra - Department of Economics, Oxford University - 2006
inequality. However, ICT reveals itself inequality increasing for the developing country sample but inequality decreasing for the …
Persistent link: https://www.econbiz.de/10005047954