Redistribution and growth: Pareto improvements

Redistribution and growth: Pareto improvements
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再分配和增长:帕累托改进

DOI:
10.1007/bf00150199
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发表时间:
1996
影响因子:
2.3
通讯作者:
G. Talmain
G. Talmain
中科院分区:
经济学1区
文献类型:
--
作者:
Chien;G. Talmain

文献摘要

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本文分析了收入分配与经济增长的关系。它将对休闲有偏好的异质家庭引入格罗斯曼和赫尔普曼的内生增长模型(其中收入分配对经济增长没有影响)。财富分配影响内生增长率,因为每个人的劳动力供给与其永久收入成反比。当劳动恩格尔曲线呈凹(凸)状时,财富分配不平等会降低(提高)增长率。帕累托改善增长促进财富再分配的特点。
This paper analyzes the relationship between income distribution and economic growth. It introduces heterogeneous households who have preferences for leisure into Grossman and Helpman's model of endogenous growth (in which income distribution has no effect on economic growth). Wealth distribution affects the endogenous rate of growth as the labor supply of each individual responds inversely to his permanent income. When the labor Engel curve is concave (convex), unequal wealth distribution decreases (increases) the rate of growth. Pareto-improving-growth-enhancing wealth redistributions are characterized.