Growth, income distribution, and the ‘entrepreneurial state’
Sign Up to like & getrecommendations! Published in 2020 at "Journal of Evolutionary Economics"
DOI: 10.1007/s00191-018-0555-7
Abstract: In this paper, we introduce a twofold role for the public sector in the Goodwin ( 1967 ) model of the growth cycle. The government collects income taxes in order to: (a) invest in infrastructure… read more here.
Keywords: growth; labor; growth income; labor productivity ... See more keywords