Growth, Distribution and Politics /

We start by arguing that to understand growth differences across countries and time, one needs to understand differences in public policies that affect the incentives for productive accumulation of capital, human capital, or technically useful knowledge. And to understand policy differences one need...

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Dettagli Bibliografici
Autore principale: Tabellini, Guido
Altri autori: Persson, Torsten
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 1991.
Serie:IMF Working Papers; Working Paper ; No. 1991/078
Accesso online:Full text available on IMF
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245 1 0 |a Growth, Distribution and Politics /  |c Guido Tabellini, Torsten Persson. 
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490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a We start by arguing that to understand growth differences across countries and time, one needs to understand differences in public policies that affect the incentives for productive accumulation of capital, human capital, or technically useful knowledge. And to understand policy differences one needs to understand how political institutions aggregate conflicting interests into public policies. We then survey some recent work along these lines, which argues that more inequality leads to slower growth. Next, we illustrate some of the basic ideas of this work, by help of a simple model of taxation. We also present some econometric cross-country evidence, which is largely supportive of the basic ideas. We end by suggestions for further work. 
538 |a Mode of access: Internet 
700 1 |a Persson, Torsten. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1991/078 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1991/078/001.1991.issue-078-en.xml  |z IMF e-Library