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In this paper we study the impact of the income distribution on innovation through the demand for quality goods. For simplicity, we assume that there are two types of consumers, rich and poor. The income distribution is measured by the population share of the poor and the relative income of the...
Persistent link: https://www.econbiz.de/10010263108
Empirical evidence on the relationship between a country?s wealth inequality and economic growth is ambiguous. This … growth. Moreover, the impact of wealth inequality on economic growth is through the supply of human capital as well as the … demand for better quality goods. Hence, the relationship between wealth inequality and economic growth is non-linear. …
Persistent link: https://www.econbiz.de/10010263165
strengthened by the household registration (Hukou) system in China. Chinese economy, as well as its income inequality, rose … dramatically in last decades. Most researches show that urban-rural disparity is an important source of income inequality. In this …
Persistent link: https://www.econbiz.de/10011213195
In this paper we analyse a growth model where agents have different factors' endowments and form coalitions to produce … output. Economic growth is the result of accumulation of human capital. The latter is a by-product of production activity … lower long-run growth rate. …
Persistent link: https://www.econbiz.de/10005636473
The paper contributes to the literature relating to inequality and economic growth, in particular, we investigate the … improvement model and the neoclassic production function. Thus, the impact of wealth inequality on economic growth is through the … base of Gini-coefficient cannot generate a general relationship between wealth inequality and economic growth. …
Persistent link: https://www.econbiz.de/10010664395
We explore the relationship between the level of village inequality in 1986, and the subsequent growth of household … inequality is negatively related to subsequent household income growth. We are able to address a number of econometric issues … correlated with household income growth: Whatever factor drives the inequality-growth relationship only operates in the “long run …
Persistent link: https://www.econbiz.de/10005704720
(english) Since the 1994 devaluation, growth has been quite strong in Mali (about 5% p.a. on average), but much weaker … in terms of GDP per person (about 2.6% p.a.) due to a very high index of fecundity. Growth is still very unstable, due to … a surge after the devaluation, poverty incidence plummeted slightly. Extreme poverty decreased, and growth has been pro …
Persistent link: https://www.econbiz.de/10005094534
Since the 1994 devaluation, growth has been quite strong in Mali (about 5% p.a. on average), but much weaker in terms … of GDP per person (about 2.6% p.a.) due to a very high index of fecundity. Growth is still very unstable, due to a large … after the devaluation, poverty incidence plummeted slightly. Extreme poverty decreased, and growth has been pro-poor to some …
Persistent link: https://www.econbiz.de/10011073696
We explore the relationship between the level of village inequality in 1986, and the subsequent growth of household … inequality is negatively related to subsequent household income growth. We are able to address a number of econometric issues … correlated with household income growth: Whatever factor drives the inequality-growth relationship only operates in the “long run …
Persistent link: https://www.econbiz.de/10005761996
relationship between inequality and growth, the role of agriculture in the development process, the relationships between ethnicity …This paper discusses dimensions of inequality in sub-Saharan Africa and their causes. It starts with a review of the … empirical evidence about inequality during the colonial period as well as the post-independence era. Then it discusses the …
Persistent link: https://www.econbiz.de/10010343255