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Titlebook: Taxation, Growth and Fiscal Institutions; A Political and Econ Albert J. Lee Book 2012 The Author 2012 Dynamic games.Economic growth.Econom

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书目名称Taxation, Growth and Fiscal Institutions
副标题A Political and Econ
编辑Albert J. Lee
视频video
概述Includes supplementary material:
丛书名称SpringerBriefs in Business
图书封面Titlebook: Taxation, Growth and Fiscal Institutions; A Political and Econ Albert J. Lee Book 2012 The Author 2012 Dynamic games.Economic growth.Econom
描述.The causal relationship between growth and inequality is complex, and there have been many scholarly works to study this relationship since the seminal work of Kuznets in the 1950s. Few recent studies in this field have shown that the nature of relationship is multifaceted and non-linear. In addition to the intrinsic non-linear nature of the relationship, government and institutions play pivotal role in distributing the benefits of growth to reduce inequality. The responsiveness greatly depends upon a country’s initial conditions in terms of inequality and the nature of democracy prevailing in the country. .This volume highlights the role of institutions in explaining the gulf between inequality and growth, by applying a dynamic general equilibrium framework and by utilizing econometric techniques. Econometrically two important hypotheses are tested.  First, assuming there is no difference in institutions, the growth rate increases as inequality decreases.  Second, assuming inequality remains unchanged, improvement in the integrity of fiscal institutions results in higher economic growth..Integrating theoretical and empirical approaches, this volume links crucial economic concepts
出版日期Book 2012
关键词Dynamic games; Economic growth; Economic growth policies; Fiscal policy; Income inequality
版次1
doihttps://doi.org/10.1007/978-1-4614-1290-8
isbn_softcover978-1-4614-1289-2
isbn_ebook978-1-4614-1290-8Series ISSN 2191-5482 Series E-ISSN 2191-5490
issn_series 2191-5482
copyrightThe Author 2012
The information of publication is updating

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