Showing 1 - 10 of 1,163
High income growth in many countries in East Asia and the Middle East has been accompanied by increasing income … interrelationships between inequality and economic growth. This paper develops a simple model to establish that the change in income … growth rate is a non-linear function of the income growth if policy makers try to influence economic growth. As a result …
Persistent link: https://www.econbiz.de/10010288473
between economic growth and income inequity. We develop a simple model to establish that economic growth and inequality can … (economic growth). Our findings for the Associations of Southeast Asian Nations (ASEAN), People Republic of China and India (ACI …) economies are two-fold: first, we observed that for low values of economic growth, inequality and growth bear an inverted U …
Persistent link: https://www.econbiz.de/10010531112
Vulnerability to scarcity or to reduction of natural capital depends on defensive substitution possibilities that, in turn, are affected by the availability of other productive factors. However, in several developing countries asset distribution tends to be highly skewed. Taking into ac- count...
Persistent link: https://www.econbiz.de/10008700108
Vulnerability to scarcity or to reduction of natural capital depends on defensive substitution possibilities that, in turn, are affected by the availability of other productive factors. However, in several developing countries asset distribution tends to be highly skewed. Taking into account...
Persistent link: https://www.econbiz.de/10012723910
production and consumption, on long run economic growth and income distribution. To accomplish with such a broad aim, we develop … of the structural conditions; we graphically show that the main determinants of endogenous economic growth and takeoff …; simplified scenarios are identified via numerical simulations, in which patterns of aggregate growth are obtained as an emerging …
Persistent link: https://www.econbiz.de/10010328363
relationship between inequality and growth, the role of agriculture in the development process, the relationships between ethnicity …
Persistent link: https://www.econbiz.de/10010249771
hypotheses about the causes of structural change: differences in the growth rates of aggregate factor supplies, sectoral … differences in total factor productivity growth, and the differences between commodities in expenditure elasticities of demand …
Persistent link: https://www.econbiz.de/10015374293
distribution, growth and international specialization. The model is explored both for the steady-state properties and the … transitory dynamics of integrated economies. Income inequality affects the patterns of growth and international specialization as …
Persistent link: https://www.econbiz.de/10010294524
This paper analyzes the effects of personal income tax progressivity on long-run economic growth, income inequality and … effects (lower GDP growth and lower income inequality); and welfare effects (lower dispersion of consumption across … individuals and higher leisure levels, but also lower growth of future consumption). The social discount factor proves to be …
Persistent link: https://www.econbiz.de/10010503356
Starting from a review of the main strands of orthodox and heterodox distribution and growth models and their … variant of heterodox distribution and growth theories, we develop a simple modelling framework in which we can treat these … presented drawing on the relationship between the rate of profit and the rate of growth, as well as on the consideration of one …
Persistent link: https://www.econbiz.de/10011449878