impact of vote-buying on growth. We consider a model with a poverty trap where redistribution can promote growth. We show … that vote-buying contributes to the persistence of poverty as taxed wealthy people buy votes from poor people. We then show … that there exists a democratic constitution that breaks vote buying and promotes growth. Such a constitution involves …

. Conflicts over land, sowing the seeds for inequality by creating a landed élite living off rents, are especially likely to … curvilinear relationship between native population density and modern income inequality. Finally, using population density as an … instrument for inequality in the former colonies, we demonstrate that there is no causal relationship running from income …

physical capital to study the interaction of international capital flows and growth. Analytically, we study conditions under … long-term growth via the accumulation of human capital. Our mechanism shows how a small initial difference in the level of …

-term dynamics are driven by resource prices, sectoral composition, and directed technical change. We study the balanced growth path … taxes have no impact on dynamics except when the tax rate varies over time. Constant research subsidies raise the growth … productivity enhancing public goods can raise the growth rate of the economy and additionally provide an effective tool for …

-term dynamics are driven by resource prices, sectoral composition, and directed technical change. We study the balanced growth path … taxes have no impact on dynamics except when the tax rate varies over time. Constant research subsidies raise the growth … productivity enhancing public goods can raise the growth rate of the economy and additionally provide an effective tool for …

The paper develops a model with non-exponential population growth, nonrenewable natural resources, and endogenous …, which is generally considered as most unfavourable for growth. We show that population growth and poor input substitution … achieved under free market conditions. With a backstop technology, the system converges to a balanced growth path with …

retard economic growth, even to the point of leading to an economic collapse. Premature adult mortality may exacerbate … inequality under nuclear family arrangements. Pooling mortality risks with equal treatment of all children may fend off, or even …