• 主题
高级搜索  >
历史搜索 清空历史
首页> 外文期刊>Structural change and economic dynamics >On optimal long-term relationship between TFP, institutions, and income inequality under embodied technical progress
【24h】

On optimal long-term relationship between TFP, institutions, and income inequality under embodied technical progress

机译：体现技术进步的全要素生产率，机构与收入不平等之间的最佳长期关系

获取原文
获取原文并翻译 | 示例
           
页面导航
  • 摘要
  • 著录项
  • 相似文献
  • 相关主题

摘要

We develop a simple optimal catch-up model under embodiment to study the potential long term dynamic relationship between total factor productivity (TFP), institutional quality, and income inequality in the context of a developing economy. Assuming a proactive role of institution in the persistence of TFP and minimum inequality spread for social optimum, we quantify the extent to which embodiment characteristics determine the long-term dynamics among these factors. It is shown that the amelioration (deterioration) of institutional quality influences skilled labour mobility across sectors (in developing economies) thereby decreasing (increasing) long term income inequality. Long run scenarios are built using our model in which the production sophistication of the economy under embodiment is shown to be compatible with both better institutions and less income inequality. Quantile regression results for a sample of 27 developing countries over 1990-2010 provide broad support to the theoretical predictions. In particular, it is found that - along the distribution path of embodied technical progress - there is heterogeneous response of productivity growth to the inequality spread and innovation intensity. Our results have interesting policy implications.
机译：我们根据实施例开发了一个简单的最佳追赶模型，以研究发展中经济体中全要素生产率（TFP），机构质量和收入不平等之间的潜在长期动态关系。假设制度在全要素生产率的持续存在和社会不平等的最小不平等蔓延方面发挥着积极作用，我们将量化体现特征决定这些因素之间长期动态的程度。研究表明，制度质量的改善（恶化）影响（发展中经济体）各部门之间熟练劳动力的流动，从而减少（增加）长期收入不平等。使用我们的模型构建长期方案，在该模型中，具体实施方案下的经济生产复杂度与更好的制度和更少的收入不平等都兼容。 1990-2010年期间27个发展中国家的样本的分位数回归结果为理论预测提供了广泛的支持。特别是发现，沿着具体的技术进步的分布路径，生产力增长对不平等扩散和创新强度存在异质反应。我们的结果具有有趣的政策含义。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱：kefu@zhangqiaokeyan.com

京公网安备：11010802029741号 ICP备案号：京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有

  • 客服微信

  • 服务号