Output Variability and Economic Growth: the Japanese Case

Article Abstract:

Japanese economic data from 1961 to 2000 are used to illustrate the empirical link between output growth and output variability. Findings show that there is no statistical significance attached to the "in-mean" coefficient, and that no evidence of asymmetry is found between output growth and output variability.

Japan, Industrial productivity, Productivity

---

Growth and Wage Inequality in a Dual Economy

Article Abstract:

A two-sector model is used to examine distributional affects of economic growth. Research shows that technical progress or capital accumulation in agriculture can reduce wage inequality; however, the same processes in non-agricultural industries produce ambiguous results.

Personnel administration, AGRICULTURAL PRODUCTION--CROPS, Agricultural industry, Compensation and benefits, Influence, Demographic aspects, Wage gap

---

Endogenous distribution and equilibrium growth: a note

Article Abstract:

Findings show that growth model transitional dynamics with redistributive policies foster growth-maximizing results, as conflict over distribution diminishes over the time of development. This suggests that democracy increases consensus over policy options.

Science & research, Income Distribution, Research, Methods, Models, Political aspects, Equilibrium (Economics), Policy sciences

Similar abstracts:

• Abstracts: A strategic model of social and economic networks. Sorting equilibrium in a multi-jurisdiction model. The strategy-proof provision of public goods under congestion and crowding preferences
• Abstracts: Rate of profit and interest in a growth theory with endogenous money. Inflation and growth in South Africa
• Abstracts: Exchange-rate anchors, credibility, and inertia; a tale of two crises, Chile and Mexico. Financial openness, sudden stops, and current-account reversals
• Abstracts: A Fourth Desideratum: The CES Cost Function and the Sustainable Configuration of Multiproduct Firms. 'Don't Know Much About Historya': Revisiting the Impact of Curriculum on Subsequent Labour Market Outcomes

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.