Economic Growth and Quality of Society

Adolfo Figueroa

Chapter Chapter 9 in Growth, Employment, Inequality, and the Environment, 2015, pp 153-173 from Palgrave Macmillan

Abstract: Abstract The unified theory of capitalism has so far shown that output per capita over time is not the only outcome of the economic growth process. The other endogenous variables include output distribution among social groups in society and the degree of degradation of the biophysical environment. Hence, in the economic growth process, the same exogenous variables of the theory determine the values of these three endogenous variables.

Keywords: Income Inequality; Technological Change; Unify Theory; Human Development Index; Social Progress (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-50697-9_9

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DOI: 10.1057/9781137506979_9

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