Distributive Politics and Economic Growth

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Publisher :
ISBN 13 :
Total Pages : 68 pages
Book Rating : 4.X/5 (2 download)

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Book Synopsis Distributive Politics and Economic Growth by : Alberto Alesina

Download or read book Distributive Politics and Economic Growth written by Alberto Alesina and published by . This book was released on 1991 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the relationship between political conflict and economic growth in a simple model of endogenous growth with distributive conflicts. We study both the case of two "classes" (workers and capitalists) and the case of a continuum distribution of agents, characterized by different capital/labor shares. We establish several results concerning the relationship between the political influence of the two groups and the level of taxation, public investment, redistribution of income and growth. For example, it is shown that policies which maximize growth are optimal only for a government that cares only about the "capitalists." Also, we show that in a democracy (where the "median voter theorem' applies) the rate of taxation is higher and the rate of growth lower, the more unequal is the distribution of wealth We present empirical results consistent with these implications of the model.

Distributive politics and economics growth

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ISBN 13 :
Total Pages : 41 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Distributive politics and economics growth by : Alberto Alesina

Download or read book Distributive politics and economics growth written by Alberto Alesina and published by . This book was released on 1991 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Distributive Politics and Economic Growth

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Distributive Politics and Economic Growth by : Alberto F. Alesina

Download or read book Distributive Politics and Economic Growth written by Alberto F. Alesina and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the relationship between political conflict and economic growth in a simple model of endogenous growth with distributive conflicts. We study both the case of two "classes" (workers and capitalists) and the case of a continuum distribution of agents, characterized by different capital/labor shares. We establish several results concerning the relationship between the political influence of the two groups and the level of taxation, public investment, redistribution of income and growth. For example, it is shown that policies which maximize growth are optimal only for a government that cares only about the "capitalists." Also, we show that in a democracy (where the "median voter theorem' applies) the rate of taxation is higher and the rate of growth lower, the more unequal is the distribution of wealth We present empirical results consistent with these implications of the model.

Distributive Politics and Economic Growth

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Distributive Politics and Economic Growth by : Ines Lindner

Download or read book Distributive Politics and Economic Growth written by Ines Lindner and published by . This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We generalize the result of Alesina and Rodrik (1994) by showing that their static solution is also a time consistent Stackelberg solution of a differential game between the government and the median voter.

Distributive Politics and Economic Research Growth

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Publisher :
ISBN 13 :
Total Pages : 41 pages
Book Rating : 4.:/5 (63 download)

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Book Synopsis Distributive Politics and Economic Research Growth by :

Download or read book Distributive Politics and Economic Research Growth written by and published by . This book was released on 1991 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Political Economy of Education

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Publisher : MIT Press
ISBN 13 : 9780262262880
Total Pages : 192 pages
Book Rating : 4.2/5 (628 download)

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Book Synopsis The Political Economy of Education by : Mark Gradstein

Download or read book The Political Economy of Education written by Mark Gradstein and published by MIT Press. This book was released on 2004-10-22 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: A theoretical framework for analyzing the complex relationship of education, growth, and income distribution. The dominant role played by the state in the financing, regulation, and provision of primary and secondary education reflects the widely-held belief that education is necessary for personal and societal well-being. The economic organization of education depends on political as well as market mechanisms to resolve issues that arise because of contrasting views on such matters as income inequality, social mobility, and diversity. This book provides the theoretical framework necessary for understanding the political economy of education—the complex relationship of education, economic growth, and income distribution—and for formulating effective policies to improve the financing and provision of education. The relatively simple models developed illustrate the use of analytical tools for understanding central policy issues. After offering a historical overview of the development of public education and a review of current econometric evidence on education, growth, and income distribution, the authors lay the theoretical groundwork for the main body of analysis. First they develop a basic static model of how political decisions determine education spending; then they extend this model dynamically. Applying this framework to a comparison of education financing under different regimes, the authors explore fiscal decentralization; individual choice between public and private schooling, including the use of education vouchers to combine public financing of education with private provision; and the social dimension of education—its role in state-building, the traditional "melting pot" that promotes cohesion in a culturally diverse society.

A Re-examination of Economic Growth, Tax Policy, and Distributive Politics

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Publisher :
ISBN 13 :
Total Pages : 9 pages
Book Rating : 4.:/5 (489 download)

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Book Synopsis A Re-examination of Economic Growth, Tax Policy, and Distributive Politics by : Yong Bao

Download or read book A Re-examination of Economic Growth, Tax Policy, and Distributive Politics written by Yong Bao and published by . This book was released on 2001 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Reexamination of Economic Growth, Tax Policy, and Distributive Politics

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Reexamination of Economic Growth, Tax Policy, and Distributive Politics by : Yong Bao

Download or read book Reexamination of Economic Growth, Tax Policy, and Distributive Politics written by Yong Bao and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper examines the relationship between economic growth, tax policy, and distribution of capital and labor ownership in a one-sector political-economy model of endogenous growth with productive government spending financed by a proportional tax on capital income. The analysis shows that inequality in wealth and income can be positively or negatively related to the optimal tax rate. In either environment, higher inequality leads to a lower after-tax return to capital, thereby reducing the economy's growth rate.

Economic Growth and Distribution

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Publisher : Edward Elgar Publishing
ISBN 13 : 9781781008218
Total Pages : 458 pages
Book Rating : 4.0/5 (82 download)

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Book Synopsis Economic Growth and Distribution by : Neri Salvadori

Download or read book Economic Growth and Distribution written by Neri Salvadori and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Growth and Distribution isolates and compares the logical structures and methodological underpinnings underlying the relationship between economic growth and distribution. It carries out an in-depth analysis of a wide range of issues connected with growth theory considered from different theoretical perspectives. Its uniqueness is derived from the original contributions by a number of scholars of different persuasions; some within the mainstream and others from Keynesian-Kaleckian-Sraffian positions. The book deals with a wide variety of research topics concerning economic growth and distribution, such as the transition from the epoch of Malthusian stagnation to the contemporary era of modern economic growth; comparisons among the classical tradition, modern theory, and heterodox models; problems of policy; dynamics and business cycles; the role on institutions.

Income Distribution and High-quality Growth

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Publisher : MIT Press
ISBN 13 : 9780262201094
Total Pages : 448 pages
Book Rating : 4.2/5 (1 download)

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Book Synopsis Income Distribution and High-quality Growth by : Vito Tanzi

Download or read book Income Distribution and High-quality Growth written by Vito Tanzi and published by MIT Press. This book was released on 1998 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: The contributors argue that there need not be a trade-off between growth and equity in the long run. However, attempts by government to influence income distribution through large-scale tax and transfer programs can have a negative impact on growth. The contrast is vivid. While the majority of people in the industrial world and some in the developing world enjoy unprecedented affluence, a far greater number of people in the low-income countries live in abject poverty. Although several developing countries are achieving rapid economic growth and poverty reduction, most formerly centrally planned countries are struggling to implement market-oriented reforms in the midst of economic deterioration and rising poverty. The paramount importance of reducing poverty worldwide is forcing economists and policymakers to look at how income distribution and economic growth interact. The essays in this volume grew out of a 1995 conference sponsored by the International Monetary Fund. The contributors are scholars and policymakers from academic institutions, governments, and international organizations. The questions discussed include: How does income distribution interact with economic growth in the short run and the long run? To what extent can government use transfer programs to increase the incomes of the poor? How can government use social programs to help the poor increase their income-earning capacity? Does distributional inequality create an obstacle to long-term poverty reduction? Alternatively, is distributional inequality a necessary means of achieving economic growth? Generally, the contributors agree that there need not be a trade-off between growth and equity in the long run. However, attempts by government to influence income distribution through large-scale tax and transfer programs can have a negative impact on growth.

Distributive Politics and Economic Growth

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Publisher :
ISBN 13 :
Total Pages : 7 pages
Book Rating : 4.:/5 (253 download)

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Book Synopsis Distributive Politics and Economic Growth by : Ines Lindner

Download or read book Distributive Politics and Economic Growth written by Ines Lindner and published by . This book was released on 2002 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Links Between Growth, Inequality, and Poverty: A Survey

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Publisher : International Monetary Fund
ISBN 13 : 1513572660
Total Pages : 54 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Links Between Growth, Inequality, and Poverty: A Survey by : Ms. Valerie Cerra

Download or read book Links Between Growth, Inequality, and Poverty: A Survey written by Ms. Valerie Cerra and published by International Monetary Fund. This book was released on 2021-03-12 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and empirical literature on the complex links between growth, inequality, and poverty, with causation going in both directions. The evidence suggests that growth can be effective in reducing poverty, but its impact on inequality is ambiguous and depends on the underlying sources of growth. The impact of poverty and inequality on growth is likewise ambiguous, as several channels mediate the relationship. But most plausible mechanisms suggest that poverty and inequality reduce growth, at least in the long run. Policies play a role in shaping these relationships and those designed to improve equality of opportunity can simultaneously improve inclusiveness and growth.

Inequality and Growth

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Publisher : MIT Press
ISBN 13 : 0262550644
Total Pages : 343 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis Inequality and Growth by : Theo S. Eicher

Download or read book Inequality and Growth written by Theo S. Eicher and published by MIT Press. This book was released on 2007-01-26 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: Even minute increases in a country's growth rate can result in dramatic changes in living standards over just one generation. The benefits of growth, however, may not be shared equally. Some may gain less than others, and a fraction of the population may actually be disadvantaged. Recent economic research has found both positive and negative relationships between growth and inequality across nations. The questions raised by these results include: What is the impact on inequality of policies designed to foster growth? Does inequality by itself facilitate or detract from economic growth, and does it amplify or diminish policy effectiveness? This book provides a forum for economists to examine the theoretical, empirical, and policy issues involved in the relationship between growth and inequality. The aim is to develop a framework for determining the role of public policy in enhancing both growth and equality. The diverse range of topics, examined in both developed and developing countries, includes natural resources, taxation, fertility, redistribution, technological change, transition, labor markets, and education. A theme common to all the essays is the importance of education in reducing inequality and increasing growth.

State Capacity and Economic Development

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Publisher : Cambridge University Press
ISBN 13 : 1108335985
Total Pages : pages
Book Rating : 4.1/5 (83 download)

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Book Synopsis State Capacity and Economic Development by : Mark Dincecco

Download or read book State Capacity and Economic Development written by Mark Dincecco and published by Cambridge University Press. This book was released on 2017-10-26 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: State capacity - the government's ability to accomplish its intended policy goals - plays an important role in market-oriented economic development today. Yet state capacity improvements are often difficult to achieve. This Element analyzes the historical origins of state capacity. It evaluates long-run state development in Western Europe - the birthplace of both the modern state and modern economic growth - with a focus on three key inflection points: the rise of the city-state, the nation-state, and the welfare state. This Element develops a conceptual framework regarding the basic political conditions that enable the state to take effective policy actions. This framework highlights the government's challenge to exert proper authority over both its citizenry and itself. It concludes by analyzing the European state development process relative to other world regions. This analysis characterizes the basic historical features that helped make Western Europe different. By taking a long-run approach, it provides a new perspective on the deep-rooted relationship between state capacity and economic development.

Growth, Distribution and Political Change

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Publisher : Springer
ISBN 13 : 1349143561
Total Pages : 315 pages
Book Rating : 4.3/5 (491 download)

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Book Synopsis Growth, Distribution and Political Change by : Malcolm Falkus

Download or read book Growth, Distribution and Political Change written by Malcolm Falkus and published by Springer. This book was released on 1999-09-17 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: Continuing the inequality and development debate originally ushered in by Kuznets, this book extends to the possible sociopolitical disruptions of growing inequality and its ramifications for growth and development. Comparing a range of countries in Asia and beyond, the book examines the relationships between growth, distribution and politics. Theoretical and empirical studies are backed up by discussion of historical developments in this interdisciplinary study which will interest political scientists, sociologists, historians and economists.

Growth and Distribution

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Publisher : Harvard University Press
ISBN 13 : 0674986423
Total Pages : 417 pages
Book Rating : 4.6/5 (749 download)

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Book Synopsis Growth and Distribution by : Duncan K. Foley

Download or read book Growth and Distribution written by Duncan K. Foley and published by Harvard University Press. This book was released on 2019-02-11 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: A major revision of an established textbook on the theory, measurement, and history of economic growth, with new material on climate change, corporate capitalism, and innovation. Authors Duncan Foley, Thomas Michl, and Daniele Tavani present Classical and Keynesian approaches to growth theory, in parallel with Neoclassical ones, and introduce students to advanced tools of intertemporal economic analysis through carefully developed treatments of land- and resource-limited growth. They cover corporate finance, the impact of government debt and social security systems, theories of endogenous technical change, and the implications of climate change. Without excessive formal complication, the models emphasize rigorous reasoning from basic economic principles and insights, and respond to students’ interest in the history and policy dilemmas of real-world economies. In addition to carefully worked out examples showing how to use the analytical techniques presented, Growth and Distribution presents many problems suitable for inclusion in problem sets and examinations. Detailed answers to these problems are available. This second edition includes fresh data throughout and new chapters on climate change, corporate capitalism, models of wealth inequality, and technical change.

Inequality

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Publisher : Praeger
ISBN 13 : 9780275939632
Total Pages : 230 pages
Book Rating : 4.9/5 (396 download)

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Book Synopsis Inequality by : Folke Dovring

Download or read book Inequality written by Folke Dovring and published by Praeger. This book was released on 1991 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: A worsening economic crisis due to the shift in wealth over the past decade is the central concern of this carefully documented study. It profiles the current status of income inequality in the United States and discerns disturbing trends for the future. A wealth of data are collected, evaluated, and simplified into a straightforward look at both the economic changes brought on by misguided reforms of the 1980s and a proposed system for measuring income inequality which may help clarify the issues pertinent to the debate. Folke Dovring perceives the current U.S. economy as an imminent threat to our democratic system, and urges increased awareness of the variables which will effect its return to a healthy state of balance where income inequality, necessary to a certain degree, sustains productivity and individual incentives. A general overview of the facts and problems associated with income distribution, viewed from historical, geographical, and sociological perspectives, establishes the study's priorities, and is followed by the development of criteria which can more accurately estimate the nature and extent of income inequality, moving the study closer to recommendations for systematic public policy which may promote continued economic growth. The urgency with which Dovring addresses this topic and the thoroughness of his presentation will compel scholars and policymakers, especially those interested in poverty economics, to give immediate attention to the issue of economic inequality through informed, meaningful discussion.