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Empirical tests of the theories on the relationship between political competition and economic performance generate a puzzle: data tend to support the theory at the lower levels of government, but not in panels of countries. We argue that the larger set of policy instruments reduces the tax...
Persistent link: https://www.econbiz.de/10010264448
Empirical tests of the theories on the relationship between political competition and economic performance generate a puzzle: data tend to support the theory at the lower levels of government, but not in panels of countries. We argue that the larger set of policy instruments reduces the tax...
Persistent link: https://www.econbiz.de/10005765637
The nineteenth century was a time of substantial changes in the patterns of economic growth. This was also a period of … patterns of economic growth and political voice are not coincidental. In this paper we develop a general equilibrium model of … implemented policies. In turn, these policies influence the character of economic growth. We find in the social structure of …
Persistent link: https://www.econbiz.de/10010851332
analyze the effects of franchise changes on economic growth. We identify in the social structure of society an explanation for … the connection between enfranchisement and growth: When (1) there exist an economic conflict among the elite, (2) landed … classes are not politically strong, and (3) there exists a critical mass of industrial workers, we observe both growth and …
Persistent link: https://www.econbiz.de/10005772511
with better policies and stronger growth performance at low levels of political competition, whilst laissez-faire is …
Persistent link: https://www.econbiz.de/10010690501
This paper aims to explore the determinants of household income and expenditure growth, and assess whether the poor are …
Persistent link: https://www.econbiz.de/10010230958
Persistent link: https://www.econbiz.de/10011504764
In many OECD countries income inequality has risen, but surprisingly redistribution as well. The theory attributes this … partly to the redistributive effect of education spending. In the model income inequality and growth depend in an inverted U … requires more resources, which lowers pre-tax and post-tax income inequality as well as growth. Using consistently defined …
Persistent link: https://www.econbiz.de/10011409838
An influential paper by Berg et al., 'Redistribution, inequality, and growth: new evidence', uses the SWIID data to … examine the impact of inequality and redistribution on growth in both developing and developed countries. It finds that while … inequality is harmful for growth, redistribution does not hamper growth. This comment demonstrates that the redistribution and …
Persistent link: https://www.econbiz.de/10012299793
redistribution and the impacts of redistribution on growth can be misleading. …This paper re-examines the determinants and consequences of redistribution in light of improved data and methods … the best available estimates of both pre- and post-redistribution inequality for the largest set of countries and periods …
Persistent link: https://www.econbiz.de/10011568157