between economic growth and income inequity. We develop a simple model to establish that economic growth and inequality can … (economic growth). Our findings for the Associations of Southeast Asian Nations (ASEAN), People Republic of China and India (ACI …) economies are two-fold: first, we observed that for low values of economic growth, inequality and growth bear an inverted U …

This paper presents a simple Cass-Koopmans-Ramsey AK growth model with heterogeneity that explains how policies that … increase income inequality may temporarily boost a country’s income growth rate. Briefly put, a change in policy that reduces … redistributive transfers will free up resources to the households with the highest productivities, resulting in an aggregate growth …

This paper presents a simple Cass-Koopmans-Ramsey AK growth model with heterogeneity that explains how policies that … increase income inequality may temporarily boost a country's income growth rate. Briefly put, a change in policy that reduces … redistributive transfers will free up resources to the households with the highest productivities, resulting in an aggregate growth …

Between 1978 and 2003 the Chinese economy experienced a remarkable 5.7 percent annual growth of GDP per labor. At the … nonagriculture. A growth accounting exercise reveals that the main source of growth was TFP in the private nonagricultural sector …. The reallocation of labor from agriculture to nonagriculture accounted for 1.9 percent out of the 5.7 percent growth in …

China’s unbalanced growth strategy has seemingly fostered growing inter-regional growth disparities and there is little …-term fluctuations in economic growth, standard convergence tests, however, may be ill specified to detect underlying long-term growth … trends in small samples. Our paper suggests a novel approach to distinguish between long-term growth trends and short …

aggregate relations. This paper establishes a bridge between the aggregation and the inequality and growth literature by … applying a log-linear aggregation method to a simple heterogeneous AK growth model. The aggregation effect is explicitly … captured in the growth equation by the changes of the mean logarithmic deviation (MLD or Theil’s second measure) of the income …

is primarily related to the disequalizing role of non-agricultural self-employment income and the slow growth in … agricultural income from the mid-1990s onward. Poverty persists, and tied in part to slow growth in agricultural commodity prices … restructuring have fueled the growth in inequality within urban areas. Poverty levels, however, are very low. China should give more …

This paper develops a stylized multi-sector growth model of China's economy. We choose a neoclassical modeling approach … and focus on the reform process under Deng Xiaoping as China's main growth driver since 1978. Following the literature, we …-trade reform period (1992--present). Reflecting the neoclassical view, our model explains China's growth process since 1978 as a …

equilibrium model with fully endogenous growth. The framework includes disaggregated industrial and energy sectors, endogenous … causes a welfare reduction of 0.3 percent. For the long run up to 2050 we show that welfare costs of internationally … induced innovation, and rising energy prices in the reference case reduces welfare losses significantly. We argue that …