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strong incentives for product innovations (new luxuries). We show that the inequality-growth relationship depends on which …We study a model of endogenous growth where firms invest both in product and process innovations. Product innovations … balanced growth path. …
Persistent link: https://www.econbiz.de/10008474158
and market size effects. The inequality–growth relationship depends on how mass production affects productivity; and on …We study a model of growth and mass production. Firms undertake either product innovations that introduce new luxury … more narrow range of low-quality mass products. In this framework, inequality affects the composition of R&D through price …
Persistent link: https://www.econbiz.de/10011043027
We study the relationship between per-capita income and income inequality with a heterogeneous panel co …-51 years and consider measures for both pre-tax and post-tax income inequality; second, we take into account country …-tax income inequality,but no such relationship for post-tax income inequality. Moreover, we find estimates on the country level …
Persistent link: https://www.econbiz.de/10011981849
Is inequality harmful for growth? We suggest that it is. In a society where distributional conflict is important … negative relation between inequality and growth. After a comprehensive sensitivity analysis, we conclude that our findings are … activities which promote growth, such as the accumulation of capital and productive knowledge. In this paper we formulate a …
Persistent link: https://www.econbiz.de/10005124104
income inequality mediates the relationship between productivity growth and poverty reduction. The greater the level of … developing countries. It is found that this relationship is even stronger than that between economic growth and poverty reduction …, and about as important as that between GDP per capita growth and poverty reduction. It is also found that the level of …
Persistent link: https://www.econbiz.de/10005518938
inequity, whether across states of world (uncertainty), across individuals (inequality) and across generations …
Persistent link: https://www.econbiz.de/10011622070
in Colombia. We use multidimensional pro-poor growth measurement techniques and create indices for assets, health … selected weights. Results show that while income and expenditures fluctuated according to economic growth, reflecting the …
Persistent link: https://www.econbiz.de/10010281820
implications for our understanding of inequality, poverty, inclusivity of growth and development, world economic welfare, and the … distribution has become more relatively equal due to falling inter-country relative inequality, and that by some measures global …. China's rapid economic growth is by far the most important factor underlying almost all of them, notwithstanding sharply …
Persistent link: https://www.econbiz.de/10010516605
in Colombia. We use multidimensional propoor growth measurement techniques and create indices for assets, health … selected weights. Results show that while income and expenditures fluctuated according to economic growth, reflecting the …
Persistent link: https://www.econbiz.de/10010255782
case studies rather than cross-country regression analysis; (ii) the phenomenon of increasing inequality; (iii) different …) alternative modes of redistribution in face of inequality increasing tendencies. …
Persistent link: https://www.econbiz.de/10014024196