Economic Growth And Distribution Of Income

Author : Vito Tanzi,Ke-young Chu
Publisher : MIT Press
Page : 448 pages
File Size : 50,5 Mb
Release : 1998
Category : Business & Economics
ISBN : 0262201097

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Income Distribution and High-quality Growth by Vito Tanzi,Ke-young Chu Pdf

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.

Author : Neri Salvadori
Publisher : Edward Elgar Publishing
Page : 458 pages
File Size : 41,6 Mb
Release : 2006-01-01
Category : Business & Economics
ISBN : 1781008213

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Economic Growth and Distribution by Neri Salvadori Pdf

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.

Author : Nico Heerink
Publisher : Springer Science & Business Media
Page : 404 pages
File Size : 45,5 Mb
Release : 2012-12-06
Category : Political Science
ISBN : 9783642785719

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Population Growth, Income Distribution, and Economic Development by Nico Heerink Pdf

In this book, a model of long-term interrelationships between income distribution, population growth and economic development is developed and estimated from data for 54 countries. The results indicate that a reduction of income inequality leads to lower fertility and mortality, to improvedbasic needs satisfaction, and to lower labour force participation of young and old males and of females in Asia and Africa. The effect of income distribution on saving and consumption is found to be negligible. These outcomes suggest that family planning and health policies in LDCs will show better results when they are supplemented with policies aimed at makingthe poor benefit from economic growth. As regards development policy, the results indicate that a reduction of income inequality does not impair the formation of physical capital, but enhances the formation of human capital and lowers the growth rate of the labour force.

Author : Harumi T. Nelson, Terry L. Roe, Xinshen Diao
Publisher : Intl Food Policy Res Inst
Page : 48 pages
File Size : 44,7 Mb
Release : 2024-06-30
Category : Social Science
ISBN : 8210379456XXX

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Economic growth and distribution of income by Harumi T. Nelson, Terry L. Roe, Xinshen Diao Pdf

Author : William Loehr
Publisher : Routledge
Page : 322 pages
File Size : 51,9 Mb
Release : 2019-04-10
Category : Business & Economics
ISBN : 9780429706615

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Economic Development, Poverty, And Income Distribution by William Loehr Pdf

The increasing inequality and poverty that seem inevitably to accompany economic growth in developing countries have become more and more evident in recent years. The search for development paths that lead to growth with equality—all too difficult to find—is now an area of central concern for development economists. One result of their concern is this volume, in which internationally known representatives of a range of disciplines address themselves to ways in which growth with equity might be successfully achieved. The book begins with both empirical and theoretical background to the development issues involved, and with an overview of the experience of the international development assistance community. focuses on operational definitions of the poor that will permit analytical, policy-oriented research to lead to useful conclusions. Specific concern is expressed for small-business owners, women, peasants, and recent migrants from rural to urban areas. The basic question, of course, is what can be done about poverty and inequality. includes suggestions for specific measures and provides a comprehensive comparison across a wide range of policy options. The book does not solve the problem, but it does point to directions that promise a reasonably high probability of success. And throughout, suggestions are made for the kind of interdisciplinary research required to raise that probability even further.

Author : Friedrich L. Sell
Publisher : Edward Elgar Publishing
Page : 288 pages
File Size : 45,9 Mb
Release : 2015-06-29
Category : Business & Economics
ISBN : 9781783472376

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The New Economics of Income Distribution by Friedrich L. Sell Pdf

With the increased interest in the role of inequality in modern economies, this timely and original book explores income distribution as an equilibrium phenomenon. Though globalization tends to destroy earlier equilibria within industrialized and devel

Author : William Loehr,John P. Powelson
Publisher : Houghton Mifflin Harcourt P
Page : 456 pages
File Size : 50,8 Mb
Release : 1981
Category : Business & Economics
ISBN : STANFORD:36105039335125

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The Economics of Development and Distribution by William Loehr,John P. Powelson Pdf

Author : Wang Dihai
Publisher : Taylor & Francis
Page : 451 pages
File Size : 47,8 Mb
Release : 2023-02-28
Category : Business & Economics
ISBN : 9781000545975

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Economic Growth and Income Distribution in the Development of China’s Dual Economy by Wang Dihai Pdf

Since the start of the process of economic reform in 1978, China has maintained the structure of a dual economy, with concurrent development of the agricultural and industrial sectors. This book explores the key issues of China's economic growth and income distribution in this context. Pivoting on analysis of China's real GDP and growth rate, the first part of the book analyzes the evolution of economic growth and characteristics of economic structural changes across a period of forty years, scrutinizing the different determinants that contribute to growth. Then, chapters in the second part of the volume study the relationship between China's economic growth and economic development, elucidating the mechanism of interaction between the former and key factors of the latter, including investment, housing, education, and healthcare. The final chapters center on the development and current landscape of income distribution, providing explanation for sharpening income inequalities and advancing suggestions and feasible solutions to the problem of income gap. This book is targeted at scholars, students, and policymakers interested in China's economy, income distribution, and economic growth.

Author : Arne Bigsten
Publisher : Heinemann Educational Publishers
Page : 212 pages
File Size : 41,7 Mb
Release : 1983
Category : Business & Economics
ISBN : UIUC:30112057874809

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Income Distribution and Development by Arne Bigsten Pdf

Author : Simon Kuznets
Publisher : Cambridge University Press
Page : 476 pages
File Size : 49,5 Mb
Release : 2002-09-12
Category : Business & Economics
ISBN : 0521521963

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Economic Development, the Family, and Income Distribution by Simon Kuznets Pdf

This is a collection of essays by Simon Kuznets, winner of the 1971 Nobel Memorial Prize in Economic Sciences, published posthumously. It represents the primary concerns of his research at a late phase of his career, as well as themes from his earlier work. The first four chapters deal with 'modern economic growth'. Chapters five to seven introduce the main theme of the remainder of the volume: interrelations between demographic change and income inequality. Chapters eight to ten draw on a wider set of data to make comparisons of income inequality among societies at widely different levels of development. Chapter eleven returns to data for the United States to develop more fully the importance of differing childbearing patterns for income inequality. In the introduction Professor Richard Easterlin discusses the relationship of the essays to the balance of Kuznets's writings. In the afterword Professor Robert Fogel discusses the methodologies favoured by Kuznets.

Author : Gary S. Fields
Publisher : MIT Press
Page : 278 pages
File Size : 47,5 Mb
Release : 2002-07-26
Category : Business & Economics
ISBN : 0262561530

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Distribution and Development by Gary S. Fields Pdf

Most of the world's people live in "developing" economies, as do most of the world's poor. The predominant means of economic development is economic growth. In this book Gary Fields asks to what extent and in what circumstances economic growth improves the material standard of living of a country's people. Most development economists agree that economic growth raises the incomes of people in all parts of the income distribution and lowers the poverty rate. At the same time, some groups lose out because of changes accompanying economic growth. Fields examines these beliefs, asking what variables should be measured to determine whether progress is being made and what policies and circumstances cause some countries to do better than others. He also shows how the same data can be interpreted to reach different, even conflicting, conclusions. Using both theoretical and empirical approaches, Fields defines and examines inequality, poverty, income mobility, and economic well-being. Finally, he considers various policies for broad-based growth. Copublished with the Russell Sage Foundation.

Author : Hollis Burnley Chenery
Publisher : Unknown
Page : 332 pages
File Size : 44,6 Mb
Release : 1974
Category : Developing countries
ISBN : UCSC:32106000838588

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Redistribution with Growth by Hollis Burnley Chenery Pdf

Author : Athanasios Asimakopulos
Publisher : Springer Science & Business Media
Page : 258 pages
File Size : 45,7 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9789400926615

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Theories of Income Distribution by Athanasios Asimakopulos Pdf

This book brings together the work of scholars who have written for it independent essays in their areas of particular expertise in the general field of income distribution. The first eight chapters provide a review of the major theories of income distribution, while the final two are con cerned with problems of empirical estimates and inferences. One of these chapters presents estimates of factor shares in national income in the United States, the United Kingdom and Canada, while the other ex amines how relationships between the size distribution of income and economic development are being investigated. A convenient way of conveying an understanding of how economic theorists have dealt with the distribution of income is to examine separ ately each major approach to this subject. Each contributor was thus assigned a particular approach, or a major theorist. No attempt was made to avoid the apparent duplication that occurs when the same references are examined by different contributors. The reader gains by seeing how the same material can be treated by those looking at it from different perspectives. A chapter each has been devoted to Marx and Marshall.

Author : Amitava Krishna Dutt
Publisher : CUP Archive
Page : 292 pages
File Size : 51,7 Mb
Release : 1990-07-27
Category : Business & Economics
ISBN : 0521381770

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Growth, Distribution and Uneven Development by Amitava Krishna Dutt Pdf

This book presents an international study of economic growth and income distribution, with a focus on North-South differences. The text discusses the topic from a purely theoretical perspective, comparing the relations between economies by using formal mathematical models. Four well-known approaches are discussed: neoclassical, neo-Marxian, neo-Keynesian and Kalecki-Steindl. Models are developed to highlight and contrast the basic features of these approaches. Subsequent chapters systematically introduce inflation, technological change, sectoral issues, and international trade, building upon these simple one-sector models. This book will be of value to anyone with an interest in areas such as developmental economics, growth, trade and political economy.

Author : Lance Taylor
Publisher : MIT Press
Page : 316 pages
File Size : 41,8 Mb
Release : 1991
Category : Business & Economics
ISBN : 026270045X

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Income Distribution, Inflation, and Growth by Lance Taylor Pdf

Structuralist macroeconomics has emerged recently as the only viable theoretical alternative for economists and practitioners in developing countries. Lance Taylor's innovative work represents a landmark in this field. It codifies a new generation of structuralist macroeconomic models that incorporate the economic power relationships of key institutions and groups, integrates both finance and real macroeconomics, and covers a diverse range of experience in the developing world over the past three decades. In an introduction Taylor explains his methodology, describes assumptions underlying the models used, and reviews theories that relate economic growth and the role of financial assets. He then takes up basic structuralist models of a closed economy and moves on to consider the open economy cases. He incorporates the latest developments in the field (inflation, financial crisis, exchange rate management, increasing returns, and the like) in a treatment that departs substantially from economic orthodoxy. Taylor first addresses the question of how to specify "closure" or define the causal structure of macro models. He also considers how income redistribution influences growth and output and how income redistribution interacts with inflation. Next, an investment-driven non-full employment growth model draws on ideas introduced earlier to illustrate how different sorts of macroeconomic policies affect short-run adjustment and growth prospects over time. Taylor then turns to the problems proposed by economic openness in a stylized semi-industrialized country, starting with international trade. A fix-price/flex-price model is developed, and additional models demonstrate cases of policy relevance as well as interactions between class conflict and growth.