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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 …
Persistent link: https://www.econbiz.de/10010531112
The reflections in this article stem from Andreatta’s 1958 analysis on Income distribution and capital accumulation, in the form of a stylized interpretation of his thought as a political economist. His theoretical analyses are reinterpreted with particular attention to the effects of...
Persistent link: https://www.econbiz.de/10010571183
The reflections in this article stem from Andreatta’s 1958 analysis on Income distribution and capital accumulation, in the form of a stylized interpretation of his thought as a political economist. His theoretical analyses are reinterpreted with particular attention to the effects of...
Persistent link: https://www.econbiz.de/10010786833
relationship between inequality and growth, the role of agriculture in the development process, the relationships between ethnicity …
Persistent link: https://www.econbiz.de/10010249771
This paper develops a new open-economy endogenous growth model where technology diffusion allows for a stable and non … social infrastructure, the degree of openness, the investment rate, population growth, the level of human capital, or growth …. Club convergence in growth rates can be traced back to a country’s openness and to a minimum required level of human …
Persistent link: https://www.econbiz.de/10003784626
This paper develops a new open-economy endogenous growth model where technology diffusion allows for a stable and non … social infrastructure, the degree of openness, the investment rate, population growth, the level of human capital, or growth …. Club convergence in growth rates can be traced back to a country's openness and to a minimum required level of human …
Persistent link: https://www.econbiz.de/10003805991
We analyze a generalized neoclassical growth model that combines a normalized CES production function and possible … impact of factor substitution and income distribution on economic growth. We can show that this impact relies on both an … engine of growth. …
Persistent link: https://www.econbiz.de/10003592897
different levels of education. As the economy proceeds toward a balanced growth path, educational differences between social …
Persistent link: https://www.econbiz.de/10011439186
The paper integrates two mechanisms of economic growth, barriers to international spillovers and skill - biased effects … adoption in the productivity growth and thereby the skill - bias. The productiv ity dynamics and the distributional … implications are investigated in an intertemporal Ramsey growth model. The model offers a calibrated tariff - equivalence measure …
Persistent link: https://www.econbiz.de/10011533511
Growth in low-income developing economies with large sectors charac- terized by underemployment is unlikely to be wage … boost long-run growth. Some of the fast growing Asian economies may have been examples of wage-led growth in this rather … faster wage and output growth across the economy. …
Persistent link: https://www.econbiz.de/10011522170