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Zentrum für Europäische Integrationsforschung (ZEI), Universität Bonn >
ZEI Working Papers, Zentrum für Europäische Integrationsforschung, Universität Bonn >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/39484
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Chakrabarty, Debajyoti | | en_US |
| dc.date.accessioned | | 2010-09-01T09:46:51Z | | - |
| dc.date.available | | 2010-09-01T09:46:51Z | | - |
| dc.date.issued | | 2002 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/39484 | | - |
| dc.description.abstract | | The paper studies the relationship between inequality and economic growth. This is done in a two sector model of endogenous growth with agents characterized by heterogeneity of factor endowments. The private sector consists of a large number of competitive ¯rms who produce the only ¯nal good in the economy. This good is both consumable as well as accumulable. The government is seen to produce a productive factor interpreted as infrastructure. Infrastructure is both nonrival and accumulable. Infrastructural services °ow into the production of infrastructural stocks as well as the ¯nal good. Capital used for infrastructural production is ¯nanced by the government by taxing capital income. The choice of the growth rate is determined by the tax rate on capital income. We study the choice of the economy's growth rate under a median voter democracy. The results show that inequality of the distribution of capital does not hamper growth. | | - |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | ZEI Bonn | | en_US |
| dc.relation.ispartofseries | | ZEI working paper B 28-2002 | | en_US |
| dc.subject.jel | | O41 | | - |
| dc.subject.jel | | H54 | | - |
| dc.subject.jel | | H41 | | - |
| dc.subject.jel | | D61 | | - |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Endogenous growth | | - |
| dc.subject.keyword | | Infrastructure | | - |
| dc.subject.keyword | | Nonrival input | | - |
| dc.subject.keyword | | Welfare | | - |
| dc.subject.keyword | | Political equilibrium | | - |
| dc.subject.stw | | Neue Wachstumstheorie | | en_US |
| dc.subject.stw | | Infrastruktur | | en_US |
| dc.subject.stw | | Median Voter | | en_US |
| dc.subject.stw | | Einkommensverteilung | | en_US |
| dc.subject.stw | | Theorie | | en_US |
| dc.title | | Inequality, politics and economic growth | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 36282780X | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| dc.identifier.repec | | RePEc:zbw:zeiwps:B282002 | | - |
| Appears in Collections: | | ZEI Working Papers, Zentrum für Europäische Integrationsforschung, Universität Bonn
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