Showing 91 - 100 of 115,372
This paper examines the relationship between trade (exports), growth, and inequality, using a panel of 100 countries … of trade (exports) on growth. The findings are that in general trade openness advances growth while inequality reduces … growth. However, when we identify an inequality threshold, we find that inequality is positively associated with growth if …
Persistent link: https://www.econbiz.de/10010465444
theory involving capital and labour without neo-classical assumptions. Interestingly the growth story of the model seems to … be observationally equivalent to the Solow (1956) model of steady state growth. It can easily and effectively reflect on … across the globe independent of trade patterns. It is likely to increase growth rate but that rate declines over time …
Persistent link: https://www.econbiz.de/10012312232
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
looking forward to a much better future - in terms of both growth and human development - than was deemed possible at the time …
Persistent link: https://www.econbiz.de/10011913065
A feature of Kaleckian models of distribution and growth that is often overlooked is that they describe a nonlinear … relation between functional income distribution and demand and growth, because the size of the multiplier is affected by …
Persistent link: https://www.econbiz.de/10011938664
role to play, if at all, but the interaction between distribution and growth is at the centre of Marxian and post …-Keynesian/Kaleckian approaches when it comes to explaining medium- to long-run trends of economic growth - and stagnation. In this contribution we … will thus provide Marxian and Kaleckian assessments of the distribution and growth regimes under finance …
Persistent link: https://www.econbiz.de/10011790517
outcomes: economic growth, health and education as two dimensions of human development, and governance, with a focus on …
Persistent link: https://www.econbiz.de/10012432946
This article analyzes the relationship between growth and income distribution in developing countries. Three important … hypotheses are scrutinized: The U-hypothesis, the absolute income hypothesis and the hypothesis of conflict between growth and a …
Persistent link: https://www.econbiz.de/10011274390
The one-sector neoclassical growth model (Solow, 1956,RES) can generate only simple dynamics. The dynamic properties of … complex dynamic behaviour. We study some of the properties of a discrete-time version of the two-class model of growth and …
Persistent link: https://www.econbiz.de/10005345243
This study analyses the lack of robust conclusions about the association between inequality and economic growth. On the … inequality and unequal opportunity. The relative index of inequality of opportunity is used as explanatory variable in the growth … regression equation. To find out the direction of causality, we also estimate inequality equation by taking growth as an …
Persistent link: https://www.econbiz.de/10013334719