„h Australia¡¦s surge in productivity growth in the 1990s fuelled an acceleration in growth in total income and average … income (income per person in Australia). ¡V Annual average income growth accelerated from 1.4 per cent in the 1970s and 1980s … income growth of the 1990s was distributed evenly between labour (wages and salaries) and capital (profits). The labour and …

This paper considers an economy where groups compete in a contest for power to redistribute future income in their … greater loss of income in the event of a successful attack--would tend to reduce the expected value of the contest prize and …