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Effective Property Rights, Conflict and Growth
Gonzalez, Francisco M. - 2009
This paper shows how the interaction between conflict and growth can give rise to a nonmonotone relationship between property rights and social welfare. This interaction is illustrated in a model of endogenous growth in which equilibrium diversion of resources is the cost of securing effective...
Persistent link: https://www.econbiz.de/10014199843
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What makes a revolution?
MacCulloch, Robert - 1999 - Draft
A fundamental requirement of market economies is the security of ownership claims to property. Yet history is littered with cases of challenges to these claims. A large literature has found contradictory evidence for the effect of income and income inequality on revolt, possibly due to omitted...
Persistent link: https://www.econbiz.de/10010519062
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The legacy of representation in medieval Europe for incomes and institutions today
Pavlik, Jamie Bologna; Young, Andrew T. - In: Southern economic journal 88 (2021) 1, pp. 414-448
Persistent link: https://www.econbiz.de/10013190267
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A heterogeneous-agent model of growth and inequality for the UK
Meenagh, David; Minford, Patrick; Ynag, Xiaoliang - 2018
-agent growth model where agents can enhance individual productivity growth by undertaking entrepreneurship. The model assumes … wealthy people are more able to afford the costs of entrepreneurship. Wealth concentration therefore stimulates … entrepreneurship among the rich and so aggregate growth, whose fruits in turn are largely captured by the rich. This process creates a …
Persistent link: https://www.econbiz.de/10011886966
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Assessing the institutions-innovation channel within the inequality-growth nexus
Sun, Yang; Easaw, Joshy Z.; Logothetis, Vassilis - 2023
The present paper assesses the interactions between innovation and economic institutions within the context of the … innovations on growth and inequality diminish as institutions increase in quality, and the effects of institutions can be … influenced by level of innovations. This indicates that while institutions and innovations can be inequality-inducing, their …
Persistent link: https://www.econbiz.de/10014434530
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What makes a revolution?
MacCulloch, Robert - 1999
A fundamental requirement of market economies is the security of ownership claims to property. Yet history is littered with cases of challenges to these claims. A large literature has found contradictory evidence for the effect of income and income inequality on revolt, possibly due to omitted...
Persistent link: https://www.econbiz.de/10010301274
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Inequality and human development : the role of different parts of the income distribution
Castells-Quintana, David; Gradín, Carlos; Royuela, Vicente - 2022
several country-specific characteristics, including the quality of institutions. …
Persistent link: https://www.econbiz.de/10013380766
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The great divergence : a network approach
Lindner, Ines; Strulik, Holger - 2015
We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge exchange. Knowledge in any country depends on the human capital of the countries it exchanges knowledge with. The diffusion of knowledge throughout the world explains a period...
Persistent link: https://www.econbiz.de/10011397182
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Inequality of opportunity and economic growth : a cross-country analysis
Ferreira, Francisco H. G.; Lakner, Christoph; Ana Lugo, … - 2014
Income differences arise from many sources. While some kinds of inequality, caused by effort differences, might be associated with faster economic growth, other kinds, arising from unequal opportunities for investment, might be detrimental to economic progress. We construct two new metadata...
Persistent link: https://www.econbiz.de/10010364975
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The great divergence : a network approach
Lindner, Ines; Strulik, Holger - 2014
We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge exchange. Growth is generated through human capital accumulation and knowledge externalities. The available knowledge in any country depends on its connections to the rest of...
Persistent link: https://www.econbiz.de/10010253459