Desigualdad en la distribución de la renta, políticas impositivas y crecimiento económico en los países de la OCDE

Amparo Castello-Climent

Investigaciones Economicas, 2001, vol. 25, issue 3, 473-514

Abstract: This paper analyzes an endogenous growth model in which individuals differ in their initial capital endowment and determine their optimal labor supply. The provision of government productive services is financed by a tax rate on labor income. Optimal taxes are endogenously decided by the majority rule. The main results show a positive (negative) relation between inequality in the distributio of factors and capital (labor) taxes and a non-linear (positive) relation between the tax rate on capital (labor) and the economic growth rate. The theoretical results are analyzed empirically in a sample of 17 OECD countries for the period 1960-1995. The estimation of the structural model gives no evidence of a robust relation between inequality and growth through the influence of taxes. (Copyright: Fundación Empresa Pública)

Keywords: income distribution; fiscal policy; economic growth (search for similar items in EconPapers)
JEL-codes: D72 E62 O40 (search for similar items in EconPapers)
Date: 2001
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Citations: View citations in EconPapers (3)

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