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We analyze the relation between inequality, corruption and competition in a developing economy context where markets are imperfect. We consider an economy where different types of households (efficient and inefficient) choose to undertake production activities. For production, households borrow...
Persistent link: https://www.econbiz.de/10010284616
This paper reviews the principal source of India’s wealth distribution statistics, which is constituted by the five decennial Reserve Bank of India National Sample Survey Organization Surveys on Debt and Investment of 1961-62, 1971-72, 1981-82, 1991-92, and 2002-03. The data available are...
Persistent link: https://www.econbiz.de/10010284621
Over the past 20 years, aggregate measures of global inequality have changed little even if significant structural changes have been observed. High growth rates of China and India lifted millions out of poverty, while the stagnation in many African countries caused them to fall behind. Using the...
Persistent link: https://www.econbiz.de/10010284796
This paper presents a model allowing one to analyze the joint determination of inequality, taxes, human capital and growth. We consider the political economy of redistribution between three income groups in a dynamic economy. The paper seeks to explain the effect of corruptibility (exemptions)...
Persistent link: https://www.econbiz.de/10010284859
Food insecurity at the household level has become unacceptable in India where the economy is growing at high rates and food sufficiency is already achieved at the macro-level. Food security has always been an important issue in the Indian political economy and was addressed by numerous...
Persistent link: https://www.econbiz.de/10010284612