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integrates the debate theories of growth, income distribution, inequality and differences between the extremes income and income …
Persistent link: https://www.econbiz.de/10011108397
After Hamilton (2001) and Costa (2001) many empirical and analytical studies (Gong and Meng (2007), Barrett and Brzozowski (2008), …) have manipulated and extended Engel's law to estimate CPI bias and regional price differences. However, there is not yet any study on Iran in which the biases...
Persistent link: https://www.econbiz.de/10011113114
integrates the debate theories of growth, income distribution, inequality and differences between the extremes income and income …
Persistent link: https://www.econbiz.de/10011114086
We introduce firm and worker heterogeneity into a model of innovation-driven endogenous growth. Individuals who differ in ability sort into either a research sector or a manufacturing sector that produces differentiated goods. Each research project generates a new variety of the differentiated...
Persistent link: https://www.econbiz.de/10010950772
This article analyzes the relationship between growth and income distribution in developing countries. Three important … more equal income distribution. After a review of theoretical arguments, the empirical evidence is discussed. It is …
Persistent link: https://www.econbiz.de/10011274390
This paper contributes to the debate over the relationship between inequality and growth by proposing that the disparities in empirical studies derive from the fact that they have not accounted for the level of inequality as a factor that can affect the sign of the relationship. An inverted...
Persistent link: https://www.econbiz.de/10011259019
The classical economists usually regarded rent in their analyses as a share of the gross product obtained from the use of land or a mine, which was indeed the way in which rent was treated in bargaining between landowner and tenant. The paper revives this view of rent, proceeding from its...
Persistent link: https://www.econbiz.de/10011259126
The aim of this work is to establish the personal income distribution from the elementary constituents of a free market … is Gibrat’s law from an evolutionary market dynamics of short term fluctuations. The total private income distribution is … shown to consist of four main parts. From capital income of private firms the income distribution contains a lognormal …
Persistent link: https://www.econbiz.de/10011260210
The article analyses the redistributive effect attained by personal income tax, social security contributions and social benefits in Slovenia and Croatia. The redistributive effect is decomposed first to reveal progressivity and horizontal inequity effects, and further to show contributions of...
Persistent link: https://www.econbiz.de/10011260428
The inter-industry diversity in productivity increase stimulated many studies on the industrial sources of economic growth. Much less efforts have been devoted to the study of the industrial sources of real income increase. Albeit from the standpoint of the economic system these aspects are two...
Persistent link: https://www.econbiz.de/10011260916