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dc.contributor.authorJosten, Stefan Dietrichen_US
dc.contributor.authorTruger, Achimen_US
dc.date.accessioned2011-10-06T16:01:52Z-
dc.date.available2011-10-06T16:01:52Z-
dc.date.issued2003en_US
dc.identifier.urihttp://hdl.handle.net/10419/50470-
dc.description.abstractThis paper reconsiders the political economy approach to growth and distribution according to which (1) rising inequality induces more government redistribution; (2) more government redistribution is financed by higher distortionary taxation; and (3) higher distortionary taxes reduce economic growth. We present a variety of theoretical arguments demonstrating that all three propositions may be overturned by simply changing an assumption in a plausible way or adding a relevant real-world element to the basal models. The political economy models of growth and distribution, as well as the specific inequality-growth transmission channel they propose, must therefore be assessed as overly simplistic and inadequate with respect to the issues studied.en_US
dc.language.isoengen_US
dc.publisherWSI Düsseldorfen_US
dc.relation.ispartofseriesWSI-Diskussionspapier 111en_US
dc.subject.jelD72en_US
dc.subject.jelD3en_US
dc.subject.jelH2en_US
dc.subject.jelO4en_US
dc.subject.ddc330en_US
dc.subject.keywordPolitical Economyen_US
dc.subject.keywordRedistributionen_US
dc.subject.keywordInequalityen_US
dc.subject.keywordEconomic growthen_US
dc.subject.stwWirtschaftswachstumen_US
dc.subject.stwEinkommensverteilungen_US
dc.subject.stwPublic Choiceen_US
dc.subject.stwEinkommensumverteilungen_US
dc.subject.stwKritiken_US
dc.subject.stwTheorieen_US
dc.titleThe political economy of growth and distribution: A theoretical critiqueen_US
dc.typeWorking Paperen_US
dc.identifier.ppn362976783en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:wsidps:111-
Appears in Collections:WSI-Diskussionspapiere, Wirtschafts- und Sozialwissenschaftliches Institut, Hans-Böckler-Stiftung

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