Social and Political Factors in a Model of Endogenous Economic Growth and Distribution [electronic resource] : An Application to the Philippines / Delano Villanueva.
Material type:
TextSeries: IMF Working Papers; Working Paper ; No. 96/139Publication details: Washington, D.C. : International Monetary Fund, 1996Description: 1 online resource (44 p.)ISBN: 1451929463 :ISSN: 1018-5941Subject(s): Economic Growth | Growth Model | Growth Rate | Wage | Wages | PhilippinesAdditional physical formats: Print Version:: Social and Political Factors in a Model of Endogenous Economic Growth and Distribution : An Application to the PhilippinesOnline resources: IMF e-Library | IMF Book Store Abstract: 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.
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.
Description based on print version record.
There are no comments on this title.