Power, Distributive Conflicts, and Multiple Growth Paths
Power, Distributive Conflicts, and Multiple Growth Paths
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权力、分配冲突和多种增长路径
DOI：
10.1023/a:1009729117637
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发表时间：
1997
期刊：
影响因子：
--
通讯作者：
T. Verdier
中科院分区：
文献类型：
--
作者：
G. Paul;T. Verdier
本文表明，在一个内生增长的政治经济模型中，可能出现多种增长路径。这种多样性的特征是低税收、低资本外逃均衡和高税收、高资本外逃均衡并存。多样性的可能性与社会权力结构密切相关--也就是说，政治决策者必须比经济体中的平均水平更容易进入国际资本市场。
This article shows that multiple growth paths may occurin a politico-economic model of endogenous growth. This multiplicityis characterized by the coexistence of the low-tax, low-capital-flightequilibrium and a high-tax, high-capital-flight equilibrium.The likelihood of multiplicity is crucially related to the structureof power in society—namely, it is necessary that the politicallydecisive agents have a greater access to international capitalmarkets than the average in the economy.