Includes bibliographical references.
|Series||IMF working paper -- WP/96/139|
|Contributions||International Monetary Fund.|
|The Physical Object|
|Pagination||iii, 35 p. ;|
|Number of Pages||35|
Villanueva, 'Social and Political Factors in a Model of Endogenous Economic Growth and Distribution: An Application to the Philippines,' World Scientific Book Chapters, in: Macroeconomic Policies For Stable Growth, chapter 6, pages , World Scientific Publishing Co. Pte. Ltd.. Handle: RePEc:wsi:wschap_Author: Delano S. Villanueva. Downloadable! This paper proposes a model of endogenous economic growth and distribution explicitly incorporating social extraction and political . We study the relationship between politics and economic growth in a simple model of endogenous growth with distributive conflict among agents endowed with . Abstract Social capital has recently been introduced in the economic literature as a source of economic growth. In this paper we study the interactions between .
Another factor motivating endogenous growth theory is its capacity to draw upon a an endogenous growth model is coupled with an endogenous political . Capital accumulation could act as the engine of sustained economic growth. Neoclassical version of the AK model: Very tractable and applications in many areas. This paper offers an empirical examination of the relationship between government spending’s, income inequality, and economic growth by using the case of 19 Asian countries from to For this purpose, the paper uses robust difference-GMM estimation and panel granger causality test. We found that gross domestic investment and regulatory quality are the main variables that contribute. Matthias Doepke, Fabrizio Zilibotti, in Handbook of Economic Growth, A Model of Endogenous Innovation. Consider an endogenous growth model where innovation takes the form of an increasing variety of intermediate inputs. New inputs are created by people in a specific occupation, namely entrepreneurs (as in Klasing, ).Innovative activity has two key features: it involves.
to study the relationship between economic growth and the political environ ment, we incorporate the political environment into the endogenous growth model and find that economic growth can be systemically influenced by three political variables: regime instability, political polarization and government repression. Endogenous Growth Theory: The endogenous growth theory is an economic theory which argues that economic growth is generated from within a system as a direct result of internal processes. More. R & D-Based Models of Economic Growth Charles 1. Jones The R & D-based models in the endogenous growth literature by Romer (), Grossman and Helpman (a, b, c), of labor engaged in R & D grows by more than a factor of five, from about , in to nearly 1 million by A similar pattern. PEST Analysis (Political, Economic, Social and Technological) is an analytical method used by companies to determine what major external factors could affect their business.