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We study a demand-driven growth and distribution model with a public sector, both without and with government debt. Government spending is used to finance the accumulation of public capital and to pay wages to public employees. The interaction between public capital and induced technical change...
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Using data from three household surveys, we review whether growth in Mauritius was inclusive and discuss the incidence of public expenditures and taxes. Generally, Mauritius enjoys an even income distribution and low rates of poverty. Nevertheless, over the 2000s, despite overall progress, the...
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-renewable energy consumption, per capita income on poverty reduction in BRICS (Brazil, Russia, India, China, South Africa) countries …
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The recent interest in the development processes of BRIC countries (Brazil, Russia, India and China) has been triggered …. Political and Economic History of BRIC -- 2.1 Brazil -- 2.2 Russia -- 2.3 India -- 2.4 China -- Chapter 3. Economic Growth … IV -- Chapter 4. Descriptive Statistics and Basic Regression Estimates for BRIC -- 4.1 India -- 4.2 China -- 4.3 Brazil …
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This paper develops a model in which the interaction of entrepreneurial investments and power of the owners of land or other natural resources determines structural change and economic development. A more equal distribution of natural resources promotes structural change and growth through two...
Persistent link: https://www.econbiz.de/10003225929