Inequality, economic growth and technological change: new aspects in an old debate ; with 5 tables
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Abschlussarbeit Buch |
| Sprache: | English |
| Veröffentlicht: |
Heidelberg ; New York
Physica-Verl.
2001
|
| Schriftenreihe: | Contributions to economics
|
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | XI, 187 S. graph. Darst. |
| ISBN: | 3790813648 |
Internformat
MARC
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| 245 | 1 | 0 | |a Inequality, economic growth and technological change |b new aspects in an old debate ; with 5 tables |c Volker Grossmann |
| 264 | 1 | |a Heidelberg ; New York |b Physica-Verl. |c 2001 | |
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| 650 | 4 | |a Income distribution | |
| 650 | 4 | |a Economic development | |
| 650 | 4 | |a Technological innovations -- Economic aspects | |
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Datensatz im Suchindex
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| adam_text | Contents
Introduction 1
1 Where do we stand? A survey 7
1.1 Growth and the functional income distribution: the classical
and Marxian perspective 8
1.1.1 The classical view 9
1.1.2 The theory of Karl Marx 12
1.2 Distributional aspects of Keynesian and neoclassical growth
theory 17
1.3 The Kuznets hypothesis and some cross section data 19
1.4 How inequality and redistribution affects growth 24
1.4.1. The politico economic approach 26
1.4.2 Capital market imperfections and non convex
technologies 27
1.4.3 Sociopolitical instability 30
1.4.4 Other approaches 31
1.4.5 Empirical evaluation of the various approaches 33
1.4.6 Conclusion and outlook to chapters 2 and 3 36
1.5 How technological change affects the income distribution 38
1.5.1 Earnings and income inequality in the OECD:
empirical evidence 40
1.5.2 Skill biased technological change: theory and evidence 48
1.5.3 Conclusion and outlook to chapter 4 54
2 Status concerns, inequality, and growth 57
2.1 Motivation 57
2.1.1 Some evidence for the presence of status concerns 58
2.1.2 Related literature 64
2.2 The model 67
2.2.1 Aggregate economy 67
2.2.2 Individual budget constraints and preferences 69
2.3 Equilibrium growth 71
2.4 Preferred growth rates and redistribution 73
2.4.1 Preferred growth rates and relative factor endowments 77
2.4.2 Preferred growth rates and status preferences 79
2.4.3 The role of a voter s relative factor endowment for status
and preferred growth 81
2.5 Discussion 82
2.5.1 Other status concerns 82
X Contents i
2.5.2 Welfare effects of taxation 84
2.6 Summary 84
Appendix to chapter 2 86
3 Inequality, voting over public consumption, and growth 90
3.1 Motivation 90
3.2 Voting over public expenditure: a simple model 93
3.3 Public expenditure in a growth model 99
3.3.1 Aggregate economy 99
3.3.2 Individual budget constraints and preferences 101
3.4 Equilibrium growth and public consumption 102
3.5 Individual demand for public consumption and growth 103
3.5.1 The case cr = l 105
3.5.2 The case a * 1 107
3.6 Voting equilibrium in the growth model 109
3.7 Discussion 109
3.7.1 Inequality and growth effects of taxation 109
3.7.2 Welfare effects 110
3.7.3 Specification of preferences and the role of savings 111
3.8 Some empirical evidence 112
3.8.1 Data sources 112
3.8.2 Estimated equations and results for OECD countries 113
3.8.3 Estimation results for democracies 116
3.9 Summary 117
Appendix to chapter 3 118
4 Skilled labor reallocation, wage inequality, and growth 121
4.1 Motivation 121
4.2 The model 126
4.2.1 Final goods production 127
4.2.2 Intermediate goods production 128
4.2.3 Research 129
4.2.4 Effort supply and wages 130
4.3 Perfect foresight growth equilibrium 135
4.3.1 How the allocation of skilled labor affects relative wages
and unskilled employment 136
4.3.2 Balanced growth 137
4.4 Comparative static results 138
4.4.1 Change in research incentives 139
4.4.2 Change in labor supply 140
4.4.3 Change in fairness considerations 142
Contents XI
4.5 Discussion 143
4.5.1 How the comparative static results relate to the
literature 143
4.5.2 Skilled labor reallocation versus biased technological
change 144
4.5.3 Productivity growth and skilled labor reallocation 147
4.5.4 Social comparisons, wage inequality, and
unemployment 148
4.6 Summary 149
Appendix to chapter 4 151
5 Where do we go from here? Conclusions and open questions 158
List of figures and tables 170
References 172
|
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| isbn | 3790813648 |
| language | English |
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| physical | XI, 187 S. graph. Darst. |
| publishDate | 2001 |
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| spelling | Grossmann, Volker 1971- Verfasser (DE-588)122499263 aut Inequality, economic growth and technological change new aspects in an old debate ; with 5 tables Volker Grossmann Heidelberg ; New York Physica-Verl. 2001 XI, 187 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Contributions to economics Zugl.: Regensburg, Univ., Diss. Développement économique ram Innovations - Aspect économique ram Revenu - Répartition ram Wirtschaftsentwicklung Income distribution Economic development Technological innovations -- Economic aspects Technischer Fortschritt (DE-588)4059252-2 gnd rswk-swf Wirtschaftswachstum (DE-588)4066527-6 gnd rswk-swf Einkommensverteilung (DE-588)4013898-7 gnd rswk-swf (DE-588)4113937-9 Hochschulschrift gnd-content Einkommensverteilung (DE-588)4013898-7 s Wirtschaftswachstum (DE-588)4066527-6 s DE-604 Technischer Fortschritt (DE-588)4059252-2 s HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=009194821&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Grossmann, Volker 1971- Inequality, economic growth and technological change new aspects in an old debate ; with 5 tables Développement économique ram Innovations - Aspect économique ram Revenu - Répartition ram Wirtschaftsentwicklung Income distribution Economic development Technological innovations -- Economic aspects Technischer Fortschritt (DE-588)4059252-2 gnd Wirtschaftswachstum (DE-588)4066527-6 gnd Einkommensverteilung (DE-588)4013898-7 gnd |
| subject_GND | (DE-588)4059252-2 (DE-588)4066527-6 (DE-588)4013898-7 (DE-588)4113937-9 |
| title | Inequality, economic growth and technological change new aspects in an old debate ; with 5 tables |
| title_auth | Inequality, economic growth and technological change new aspects in an old debate ; with 5 tables |
| title_exact_search | Inequality, economic growth and technological change new aspects in an old debate ; with 5 tables |
| title_full | Inequality, economic growth and technological change new aspects in an old debate ; with 5 tables Volker Grossmann |
| title_fullStr | Inequality, economic growth and technological change new aspects in an old debate ; with 5 tables Volker Grossmann |
| title_full_unstemmed | Inequality, economic growth and technological change new aspects in an old debate ; with 5 tables Volker Grossmann |
| title_short | Inequality, economic growth and technological change |
| title_sort | inequality economic growth and technological change new aspects in an old debate with 5 tables |
| title_sub | new aspects in an old debate ; with 5 tables |
| topic | Développement économique ram Innovations - Aspect économique ram Revenu - Répartition ram Wirtschaftsentwicklung Income distribution Economic development Technological innovations -- Economic aspects Technischer Fortschritt (DE-588)4059252-2 gnd Wirtschaftswachstum (DE-588)4066527-6 gnd Einkommensverteilung (DE-588)4013898-7 gnd |
| topic_facet | Développement économique Innovations - Aspect économique Revenu - Répartition Wirtschaftsentwicklung Income distribution Economic development Technological innovations -- Economic aspects Technischer Fortschritt Wirtschaftswachstum Einkommensverteilung Hochschulschrift |
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