Citation

Discussion Paper Details

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Title: Factor Shares and Savings In Endogenous Growth

Author(s): Giuseppe Bertola

Publication Date: October 1991

Keyword(s): Endogenous Growth, Income Distribution and Post-Keynesian Theory

Programme Area(s): International Trade and Regional Economics

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.

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Bibliographic Reference

Bertola, G. 1991. 'Factor Shares and Savings In Endogenous Growth'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=576