Factor Shares and Savings In Endogenous Growth

Giuseppe Bertola

No 576, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: This paper studies the distributive effects of growth when different agents' income is drawn from accumulated and non-accumulated factors of production in different proportions. It also notes that political interactions may contribute to determine factor shares and growth when income sources are heterogeneous, and suggests that distributional issues should be taken into account both when formulating growth-oriented policy prescriptions and when interpreting the wide dispersion of growth rates across economies and over time.

Keywords: Endogenous Growth; Income Distribution; Post-Keynesian Theory (search for similar items in EconPapers)
JEL-codes: D72 D74 O40 (search for similar items in EconPapers)
Date: 1991-10
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Citations: View citations in EconPapers (7)

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Related works:
Journal Article: Factor Shares and Savings in Endogenous Growth (1993)
Working Paper: Factor Shares and Savings in Endogenous Growth (1991)
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