This paper proposes a model of endogenous economic growth and distribution explicitly incorporating social extraction … developments in the distribution of national income and wealth and in the growth rate of per capita capacity output. When …

uncertainty of resources output and prices, while delivering growth benefits through higher public investment. The scaling …

of labor across sectors emerges endogenously from sectoral labor productivity growth differentials. The setup is then …

This paper studies structural changes underlying China's remarkable and unprecedented growth in recent years. While …'s provinces suggests that credit and labor market frictions have inhibited labor productivity growth in services relatively more …, one in which the service sector will need to play a more prominent role as an engine of growth. The evidence also suggests …

Is rapid economic growth experienced by the East African Community during the past decade built on solid foundations … range of other sectors - bodes well for continued growth, as do gradual improvements in quality. Yet, no clear winners on … observations may instill a note of caution against projecting rapid growth into the distant future …