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This paper contributes to the debate over the relationship between inequality and growth by proposing that the … inequality exert a positive correlation with economic growth while high levels have a negative one. Additionally, and more … importantly, it is demonstrated the existence of an optimal rate of inequality (ORI) that maximizes growth rates and releases the …
Persistent link: https://www.econbiz.de/10011259019
coupled with an inadequate nutritional intake, relative to a situation where there is no such concern for status. Thus, growth … and negative relationship between inequality and share of nutritional consumption as reflected in the consumption of food …. Finally the paper looks at the empirical relationship between inequality and consumption across districts within states of …
Persistent link: https://www.econbiz.de/10011259208
Against the background of inconclusive evidence about the inequality–growth relation, this paper suggests that the … inequality negatively affects economic growth. We expand the model presented by Galor and Zeira (1993) to represent the fact that … level of inequality increases via the human capital channel with credit market imperfections and that this increasing …
Persistent link: https://www.econbiz.de/10011259657
Trends in Globalization’ website (http://ablog.typepad.com/), the paper analyzes growth in four types of country typified by … the EU, the USA, India, and China. The fastest growth has been registered in China, which has followed a policy of … expansionary money with strong banking controls, combined with an investment-led stimulus. Strong growth has also however been …
Persistent link: https://www.econbiz.de/10011260174
dependency on resource exploitation and the sustainability of the chosen growth path With few notable exceptions, social theory … growth in demand for labour services, which would be, in Mark Swilling’s terminology, ‘resource-decoupled’, decreasing the … things to invest in humans. This poses an especial challenge for policy, since the growth of the creative industry sector …
Persistent link: https://www.econbiz.de/10011260737
Debate over Growth and Development are quite old in the history of economic thinking. It is argued that development … encompasses comprehensive issues like health, education, equality, and liveability while growth is too narrow a concept. This … paper analyses the growth and development experience in India using multiple indicators. Development seems to have lagged …
Persistent link: https://www.econbiz.de/10005260324
The study of inequality and economic growth to the developing countries are now a days a comprehensive issue since … growth stimulate the standard of living to the poor people and accordingly reduce income inequality.The improvement of … inequality and growth may reduce the social movement to the government and may keep the economic and social integrity amongst the …
Persistent link: https://www.econbiz.de/10009372578
This analytical review explores the links between growth, poverty and inequality in Sudan for the period 1956 … GDP per capita growth- and inequality as measured by Gini coefficient (the growth, inequality and poverty triangle …) whether growth, inequality and poverty are cointegrated, ii( whether growth Granger causes inequality, iii) and whether …
Persistent link: https://www.econbiz.de/10009647456
Corruption increases inequality in the society (Gupta et al, 1998) by reducing economic growth, biasing the tax system … then as democracy grows corruption decreases. The purpose of this paper is to examine the relationship between inequality … and democracy in two directions, both the effect of democracy on inequality and the effect of inequality on democracy. It …
Persistent link: https://www.econbiz.de/10008695054
We introduce status in the most standard (canonical) macro model that is able to provide an analysis of growth and … (which we review) related to rising labour supply (the work-life balance), rising income inequality, and changing factor …
Persistent link: https://www.econbiz.de/10008695063