 Growth and DistributionChapter 1 in Economic Growth with Income and Wealth Distribution, 2006, pp 1-36 from Palgrave Macmillan Abstract: Abstract Living conditions, income and wealth vary among people, cities, regions, and countries. It is important to study how persistent disparities in aggregate growth rates across nations, regions, or groups of people have led to differences in welfare and happiness. Does more equal distribution of income and wealth encourage national economic growth? What role does the public education or other public expenditures play in the relationship between inequality and growth? Does a higher personal saving rate of one type of household benefit or harm economically other households in the economy? Will income/wealth inequality among the individuals or regions be reduced as an economy expands? Does everyone benefit from economic globalization? Is globalization sustainable? Will globalization and technological progress enlarge or reduce inequalities among nations, regions, or individuals? One may ask many similar questions related to growth and income and wealth distribution. Keywords: Production Function; Capital Accumulation; Growth Theory; Wealth Distribution; Discount Utility (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-50633-6_1 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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