【作者(必填)】Sochirca, Elena; Afonso, Oscar; Silva, Sandra

【文题(必填)】Political rivalry effects on human capital accumulation and inequality: a New Political Economy approach.

【年份(必填)】2012

【全文链接或数据库名称(选填)】EBSCO

Political rivalry effects on human capital accumulation and inequality: a New Political Economy approach.Authors:Sochirca, Elena; Afonso, Oscar; Silva, SandraSource:Working Papers (FEP) -- Universidade do PortoDate:2012Publication Type:ReportSubjects:HUMAN capital; SAVING & investment; ECONOMIC development; ECONOMIC models; POLITICAL economic analysis; PUBLIC educationAbstract:We propose an endogenous growth model with elements of new political economy in order to study the effects of political institutions and political rivalry on human capital accumulation and income inequality. Relating to the increasing literature on the relationship between income redis- tribution, inequality and growth, and on the political economy of growth, our model shows that (i) non-distortionary redistribution via public education equalizes income levels and increases human cap- ital accumulation; (ii) political rivalry produces negative outcomes in all dimensions of the considered economic interactions. In particular, we end that occurring episodes of political rivalry reduce hu- man capital...Database:Business Source Premier