Develops a general equilibrium model of the growth of government based on the attempts of various socio-economic groups to redistribute income in their own favour. In the non-cooperative equilibrium of our model under free political competition, every group in the economy pays taxes at rates...

Purpose – This paper aims to examine the impact of the components of human capital on the extent of poverty and income distribution in developing countries. Design/methodology/approach – Data for all variables are from the World Development Report, 2006 and 2007. The least-squares estimation...

Purpose The purpose of this paper is to empirically assess the effect of the factors contributing to the recovery from this crisis in terms of national GDP growth among the G7, Asian7, and Latin American7 countries. Design/methodology/approach The author uses a multivariate regression analysis...

This paper examines the effect of income distribution on growth in developing countries. Based on data from the World Bank and the United Nations Development Programme, we use a sample of twenty-eight developing economies and find that income distribution does not affect growth in these...

This paper examines the effect of income distribution on growth in developing countries. Based on data from the World Bank and the United Nations Development Programme, we use a sample of twenty-eight developing economies and find that income distribution does not affect growth in these...

In this paper we test a model of per capita spending for government services developed by Dao (1994) using data from a set of 105 countries. We are able to show that the income elasticity of the demand for public services depends on the type of devices and on how developed (economically or...

This paper investigates the effect of both external and public debt on growth in developing countries. Based on data from the World Bank and using a sample of sixty-two developing economies, we find that per capita GDP growth is linearly dependent upon the percentage of the urban population with...

This paper investigates the effect of both external and public debt on growth in developing countries. Based on data from the World Bank and using a sample of sixty-two developing economies, we find that per capita GDP growth is linearly dependent upon the percentage of the urban population with...

Purpose – The aim of this paper is to extend a theoretical model due to Ljungqvist and data from a sample of 19 developing economies to empirically test it. Design/methodology/approach – Data for all variables are from the 2005 Human Development Report and the 2006 World Development Report....