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We introduce public capital and public services as inputs in an endogenous growth model. We show that the growth rate depends on the apportionment of tax revenues between the accumulation of public capital and the provision of public services. When public spending is financed by proportional...
Persistent link: https://www.econbiz.de/10014070750
In the context of strikingly low literacy rates among Indian women and low caste population, the paper explores whether and how far the interests of the marginalized poor are undermined by the dominant elite consisting mainly of the landed and the capitalists. We distinguish the dominant elite...
Persistent link: https://www.econbiz.de/10010268596
Inter- and intra-state disparities in levels of literacy rates in India are striking, especially for the marginalized groups of women and low caste population. The present paper offers an explanation of this disparate development in terms of elite dominance that discriminates against the...
Persistent link: https://www.econbiz.de/10010269246
In the context of strikingly low literacy rates among Indian women and low caste population, the paper explores whether and how far the interests of the marginalized poor are undermined by the dominant elite consisting mainly of the landed and the capitalists. We distinguish the dominant elite...
Persistent link: https://www.econbiz.de/10003758959
Inter- and intra-state disparities in levels of literacy rates in India are striking, especially for the marginalized groups of women and low caste population. The present paper offers an explanation of this disparate development in terms of elite dominance that discriminates against the...
Persistent link: https://www.econbiz.de/10003607527
Persistent link: https://www.econbiz.de/10003391499
Persistent link: https://www.econbiz.de/10003391537
Persistent link: https://www.econbiz.de/10010530829
Persistent link: https://www.econbiz.de/10003396531
This paper analyzes the impact of positional preferences, exhibiting conspicuous consumption and conspicuous wealth, on optimal consumption- and income taxes, for an endogenous growth model with public capital. Positional preferences raise the endogenous growth rate if the elasticity of...
Persistent link: https://www.econbiz.de/10013043269