Factor Shares and Savings in Endogenous Growth
Factor Shares and Savings in Endogenous Growth
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内生增长中的要素份额和储蓄
DOI:
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发表时间:
1991
期刊:
影响因子:
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通讯作者:
G. Bertola
中科院分区:
文献类型:
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作者:
G. Bertola
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, 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.