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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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Bibliographic Details
Main Author: Villanueva, Delano
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1996
Series:IMF Working Papers
Subjects:
Income
Finance
Labour
Income Distribution
Personal Income
Fiscal Policy
Competition
General Financial Markets: General (includes Measurement And Data)
Aggregate Factor Income Distribution
Personal Income, Wealth, And Their Distributions
National Accounts
Labor
Financial Markets
Labor Economics: General
Macroeconomics
Economic History: Macroeconomics
Public Finance
Finance: General
Income Economics
Growth And Fluctuations: Asia Including Middle East
Labor Economics
Philippines
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary: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
Physical Description:44 pages
ISBN:9781451929461

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