Access the full text.
Sign up today, get DeepDyve free for 14 days.
Loading next page...
/lp/springer-journals/the-effect-of-transfer-policies-on-economic-growth-FqtsH4YYim
References (20)
-
T J Sargent (1987)
Macroeconomic Theory -
S Rebelo R G King (1990)
Public Policy and Economic Growth: Developing Neoclassical ImplicationsJournal of Political Economy, 98
-
A Fuente (1997)
The Empirics of Growth and Convergence: A Selective ReviewJournal of Economic Dynamics and Control, 21
-
R E Lucas (1988)
On the Mechanics of Economic DevelopmentJournal of Monetary Economics, 22
-
E Helpman (1991)
Innovation and Growth in the World Economy -
R Tamura (1991)
Income Convergence in an Endogenous Growth ModelJournal of Political Economy, 99
-
B Ravikumar G Glomm (1992)
Public versus Private Investment in Human Capital: Endogenous Growth and Income InequalityJournal of Political Economy, 100
-
S Rebelo (1991)
Long-Run Policy Analysis and Long-Run GrowthJournal of Political Economy, 99
-
X Sala-i-Martin R J Barro (1992)
ConvergenceJournal of Political Economy, 100
-
(1991)
Political Party Negotiations, Income Distribution and Endogenous Growth -
R E Lucas (1990)
Supply-side Economics: An Analytical ReviewOxford Economic Papers, 42
-
C P Chamley (1986)
Optimal Taxation of Capital Income in General Equilibrium with Infinite LivesEconometrica, 54
-
A Mansoorian M B Devereux (1992)
International Fiscal Policy Coordination and Economic GrowthInternational Economic Review, 33
-
G Tabellini T Persson (1992)
Growth, Distribution and PoliticsEuropean Economic Review, 36
-
V Quadrini P Krusell (1997)
Politico-economic Equilibrium and Economic GrowthJournal of Economic Dynamics and Control, 21
-
(1991)
Taxation of Human Capital -
J Benhabib (1991)
Social Conflict, Growth and Income Distribution -
J E Stiglitz P Dasgupta (1988)
Potential Competition, Actual Competition and Economic WelfareEuropean Economic Review, 32
-
(1994)
Tradeoff between Equity and Growth -
R E Lucas (1989)
Recursive Methods in Economic Dynamics
- Publisher
- Springer Journals
- Copyright
- 1998 Japanese Economic Association
- ISSN
- 1352-4739
- eISSN
- 1468-5876
- DOI
- 10.1111/1468-5876.00091
- Publisher site
- See Article on Publisher Site
Abstract
Abstract In a world in which people have different incomes owing to differences in initial factor endowments, a government may use transfer policies if it cares about equity as well as efficiency. It will be shown that, in a simple endogenous growth model in which the engine of growth is a linear capital accumulation technology, if a Ramsey policy is not available, then the government should transfer output but leave the differences in factor endowments unchanged in order to achieve economic growth and income equity at the same time.
Journal
The Japanese Economic Review – Springer Journals
Published: Dec 1, 1998
Keywords: economics, general; microeconomics; macroeconomics/monetary economics//financial economics; econometrics; development economics; economic history