Social and Political Factors in a Model of Endogenous Economic Growth and Distribution : An Application to the Philippines /

This paper proposes a model of endogenous economic growth and distribution explicitly incorporating social extraction and political competition, with an application to the Philippine historical experience. The major objective is to explain developments in the distribution of national income and weal...

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Bibliografski detalji
Glavni autor: Villanueva, Delano
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 1996.
Serija:IMF Working Papers; Working Paper ; No. 1996/139
Online pristup:Full text available on IMF
Opis
Sažetak:This paper proposes a model of endogenous economic growth and distribution explicitly incorporating social extraction and political competition, with an application to the Philippine historical experience. The major objective is to explain developments in the distribution of national income and wealth and in the growth rate of per capita capacity output. When calibrated, the proposed model is found to be consistent with the broad contours of Philippine macroeconomic history.
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Opis:1 online resource (44 pages)
Format:Mode of access: Internet
ISSN:1018-5941
Pristup:Electronic access restricted to authorized BRAC University faculty, staff and students