Croissance, distribution et ressources humaines: comparaison internationale et specificites regionales

Translated title of the contribution: Growth, distribution and human resources: international comparison and regional characteristics

F. Bourguignon

Research output: Contribution to journalArticlepeer-review

Abstract

Income distribution affects growth through its effect on the accumulation of productive factors. This relationship is analyzed in the present paper in a cross section of 35 developing countries. A simple structural model shows that income inequality affects growth negatively through its negative impact on the accumulation of human capital. However, it also affects growth positively through a positive impact on the accumulation of physical capital. The overall effect of income inequality upon growth is significantly negative. Human capital is at the center of a virtuous circle whereby growth and income equality are self-reinforcing phenomena. The significance of income distribution in equations of growth and factor accumulation reduces only marginally the significance of the usual regional dummy variables. -from English summary

Translated title of the contributionGrowth, distribution and human resources: international comparison and regional characteristics
Original languageFrench
Pages (from-to)3-35
Number of pages33
JournalRevue d'Economie du Developpement
Volume93
Issue number4
DOIs
StatePublished - 1993

ASJC Scopus subject areas

  • Development
  • Economics, Econometrics and Finance(all)

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