Showing 1 - 10 of 4,666
) and underlying inequality in the distribution of private productive assets. …
Persistent link: https://www.econbiz.de/10011520520
The innovative approach presented introduces a modified neoclassical growth model which includes a new bias of … technological progress in a quasi-endogenous growth model in which part of labor is used in the research & development sector. The … capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …
Persistent link: https://www.econbiz.de/10010510592
. A series of shocks, especially the fuel and food price crisis of 2008, combined with poor productivity growth in …
Persistent link: https://www.econbiz.de/10010511245
between economic growth and income inequity. We develop a simple model to establish that economic growth and inequality can …) economies are two-fold: first, we observed that for low values of economic growth, inequality and growth bear an inverted U … relationship between growth and inequality can take the form of a wave. Secondly, we examine the issue of the existence of …
Persistent link: https://www.econbiz.de/10010531112
cross-country-growth equation shows a negative effect of income inequality on economic growth, holding fixed a familiar set …-an inverse-U shape relationship between income inequality and per capita GDP-that is relatively stable from the 1960s into the … 2000s. The direct effect of international openness on income inequality is also found to be positive. On the other hand, a …
Persistent link: https://www.econbiz.de/10011282136
This paper contributes the on-going debate on income inequality in advanced economies with a proposal aimed at reducing …
Persistent link: https://www.econbiz.de/10011339155
In recent years there has been a growing interest in the impact of inequality on economic growth. Both theoretical and … part of the literature that considers inequality detrimental to growth, more recent studies have challenged this result and … found a positive effect of inequality on growth. This paper contributes to the debate by using meta-analytical techniques to …
Persistent link: https://www.econbiz.de/10011349190
-biased technological progress and use cross-country panel data on inequality and GDP to test these ideas. A one-year increase in the level …
Persistent link: https://www.econbiz.de/10011325967
After many years of relatively slow growth, Tanzania's national accounts data report accelerated aggregate growth since … around 2000. Our analysis shows that there has been somewhat slower growth in private consumption and in sectors such as …
Persistent link: https://www.econbiz.de/10010528633
-monetary outcomes, remains an important concern. This increase in inequality is one reason why growth has not led to faster poverty …Ghana is relatively rare among Sub-Saharan African countries in having had sustained positive growth every year since … the mid-1980s. This paper analyses the nature of the growth and then presents an analysis of the evolution of both …
Persistent link: https://www.econbiz.de/10010531063