Social and Political Factors in a Model of Endogenous Economic Growth and Distribution: An Application to the Philippines

This paper proposes a model of endogenous economic growth and distribution explicitly incorporating social extraction and political competition, with an application to the Philippine historical experience. The major objective is to explain developments in the distribution of national income and weal...

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1. Verfasser: Villanueva, Delano (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C International Monetary Fund 1996
Schriftenreihe:IMF Working Papers Working Paper No. 96/139
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Zusammenfassung:This paper proposes a model of endogenous economic growth and distribution explicitly incorporating social extraction and political competition, with an application to the Philippine historical experience. The major objective is to explain developments in the distribution of national income and wealth and in the growth rate of per capita capacity output. When calibrated, the proposed model is found to be consistent with the broad contours of Philippine macroeconomic history
Beschreibung:1 Online-Ressource (44 p)
ISBN:1451929463
9781451929461

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