TY - BOOK AU - Villanueva,Delano TI - Social and Political Factors in a Model of Endogenous Economic Growth and Distribution: An Application to the Philippines T2 - IMF Working Papers; Working Paper SN - 1451929463 : SN - 1018-5941 PY - 1996/// CY - Washington, D.C. PB - International Monetary Fund KW - Economic Growth KW - imf KW - Growth Model KW - Growth Rate KW - Wage KW - Wages KW - Philippines N2 - 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 UR - http://elibrary.imf.org/view/IMF001/06289-9781451929461/06289-9781451929461/06289-9781451929461.xml UR - http://www.imfbookstore.org/IMFORG/9781451929461 ER -