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In this paper we study the impact of the income distribution on innovation through the demand for quality goods. For simplicity, we assume that there are two types of consumers, rich and poor. The income distribution is measured by the population share of the poor and the relative income of the...
Persistent link: https://www.econbiz.de/10010263108
Empirical evidence on the relationship between a country?s wealth inequality and economic growth is ambiguous. This … growth. Moreover, the impact of wealth inequality on economic growth is through the supply of human capital as well as the … demand for better quality goods. Hence, the relationship between wealth inequality and economic growth is non-linear. …
Persistent link: https://www.econbiz.de/10010263165
In this paper we analyse a growth model where agents have different factors' endowments and form coalitions to produce … output. Economic growth is the result of accumulation of human capital. The latter is a by-product of production activity … lower long-run growth rate. …
Persistent link: https://www.econbiz.de/10005636473
We explore the relationship between the level of village inequality in 1986, and the subsequent growth of household … inequality is negatively related to subsequent household income growth. We are able to address a number of econometric issues … correlated with household income growth: Whatever factor drives the inequality-growth relationship only operates in the “long run …
Persistent link: https://www.econbiz.de/10005704720
Since the 1994 devaluation, growth has been quite strong in Mali (about 5% p.a. on average), but much weaker in terms … of GDP per person (about 2.6% p.a.) due to a very high index of fecundity. Growth is still very unstable, due to a large … after the devaluation, poverty incidence plummeted slightly. Extreme poverty decreased, and growth has been pro-poor to some …
Persistent link: https://www.econbiz.de/10011073696
relationship between inequality and growth, the role of agriculture in the development process, the relationships between ethnicity …This paper discusses dimensions of inequality in sub-Saharan Africa and their causes. It starts with a review of the … empirical evidence about inequality during the colonial period as well as the post-independence era. Then it discusses the …
Persistent link: https://www.econbiz.de/10010343255
This paper analyses the relationship between growth patterns, poverty, and inequality in Brazil during its … contributions to the literature. One is the proposal of a new measure of pro-poor growth, which links growth rates in mean income … and in income inequality. The other contribution is a decomposition methodology that explores linkages between three …
Persistent link: https://www.econbiz.de/10010273493
Growth that reduces poverty is often considered pro-poor regardless of whether the poor benefit from it more than the … non-poor. Such growth could simply be termed poverty-reducing growth. This paper argues that for growth to be pro-poor it … should disproportionally benefit the poor. The paper proposes an operational definition of pro-poor growth that restricts it …
Persistent link: https://www.econbiz.de/10010280068
Productivity and socio-economic progress are inter-connected. Economic growth funds policies that promote socio …-economic progress, while the latter serves as a growth engine. A society with high mobility is one where individual achievements are …-2011), we identify the causal effect of intergenerational mobility on household expenditure's future growth. We find that …
Persistent link: https://www.econbiz.de/10012146484
relationship between inequality and growth, the role of agriculture in the development process, the relationships between ethnicity …This paper discusses dimensions of inequality in sub-Saharan Africa and their causes. It starts with a review of the … empirical evidence about inequality during the colonial period as well as the post-independence era. Then it discusses the …
Persistent link: https://www.econbiz.de/10010249771