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This article describes a model that shows the economic effects of political structure. Four structures are examined: dictatorship, individual enterprise, individual enterprise with tax redistribution, and anarchism. The dependent variables are total output and its distribution
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To explain the relationship between income inequality and economic growth, we develop a computational model of endogenous growth by taking the effects of fixed government expenditure into account. With such a model, a non-linear relationship between level of income inequality and economic growth...
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