Showing 1 - 10 of 104
In this paper we investigate the relationship between inequality and the environment in a growing economy from a … political economy perspective. We consider an endogenous growth economy, where growth generates pollution and a deterioration of … the environment. Public expenditures may either be devoted to supporting growth or abating pollution. The decision over …
Persistent link: https://www.econbiz.de/10010750774
's economy and income inequality during transition from a command to market economic system. Using data from a series of … transition, an increase in income inequality is interpreted by population as a positive signal of increased opportunities; this …, increased inequality becomes an important reason for dissatisfaction of the public with the country's economic situation and …
Persistent link: https://www.econbiz.de/10010739118
these investments, output levels and growth. In this context, inequality plays a key role both as a determinant of the …The empirical evidence on the determinants of growth across countries has found that growth is lower when natural … which these three variables can impact growth, but has tended to address them separately. In this paper we argue that …
Persistent link: https://www.econbiz.de/10008793414
between skilled labor and unskilled labor wages. The question we ask is how the growth process shapes the wage inequality and … version of the model. In this version of the model the relationship between inequality and the rate of growth is also … inequality. First, we prove the existence of equilibrium paths. Then we show that there exists a continuum of steady …
Persistent link: https://www.econbiz.de/10010899820
This paper examines the influence of political ideology on economic growth in the French democracy since 1871. It does … robustness of the relationship between ideology and growth and the specific channels through which political ideology affects … promoted equity at the expense of economic growth. It also appears that the main channel through which political ideology has …
Persistent link: https://www.econbiz.de/10010635028
growth over the period 1981-2005. The econometric relationships derived in this paper suggest that future reductions in CO2 …
Persistent link: https://www.econbiz.de/10010933128
We make use of a bootstrap panel analysis of causality between energy use and economic growth for a sample of sixteen … African countries over the period 1988-2010. Our results show that growth and energy use are strongly linked in Africa …. However, African countries are heterogeneous and there is no "one way" recommendation about energy-growth relationship that …
Persistent link: https://www.econbiz.de/10010933129
We analyze the interplay between longevity, pollution and growth. We develop an OLG model where longevity, pollution … and growth are endogenous. The authorities may provide two types of public services, public health and environmental … maintenance, that participate to increase agents' life expectancy and to sustain growth in the long term. We show that global …
Persistent link: https://www.econbiz.de/10010933813
uncertainty on capital inflows in such an economy generates long-term (expected) growth while the deterministic counterpart does … not. In this framework, long-term growth is entirely driven by precautionary savings. In particular, we show that the … asymptotic growth rate of the expected capital stock is an increasing function of both the risk parameter and the Arrow …
Persistent link: https://www.econbiz.de/10010933848
growing economy, that is when population growth is optimal in the long-run, this egalitarian rule can only hold when (i) the …
Persistent link: https://www.econbiz.de/10010933933