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This paper proposes a model of endogenous economic growth and distribution explicitly incorporating social extraction and political competition, with an application to the Philippine historical experience. The major objective is to explain developments in the distribution of national income and...
Persistent link: https://www.econbiz.de/10014395871
Persistent link: https://www.econbiz.de/10000962294
The paper examines the link between poverty, the middle class and institutional outcomes using a new cross-country panel dataset on the distribution of income and expenditure. It uses an econometric methodology to gauge whether a larger middle class has a causal effect on policy and...
Persistent link: https://www.econbiz.de/10011395302
The extent to which local communities benefit from commodity booms has been subject to wide but inconclusive investigations. This paper draws from a new district-level database to investigate the local impact on socioeconomic outcomes of mining activity in Peru, which grew almost twentyfold in...
Persistent link: https://www.econbiz.de/10011395651
Persistent link: https://www.econbiz.de/10000621432
Persistent link: https://www.econbiz.de/10000957327
This paper proposes a model of endogenous economic growth and distribution explicitly incorporating social extraction and political competition, with an application to the Philippine historical experience. The major objective is to explain developments in the distribution of national income and...
Persistent link: https://www.econbiz.de/10012781973
Persistent link: https://www.econbiz.de/10001688415
Persistent link: https://www.econbiz.de/10001651849
We revisit the link between poverty, the middle class and institutional outcomes using a newly developed cross-country panel dataset containing detailed information on the distribution of income and expenditures. When the size of the middle class increases (measured as the proportion of people...
Persistent link: https://www.econbiz.de/10013108216