Cross-country evidence on the determinants of inclusive growth episodes
Autor(a) principal: | |
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Data de Publicação: | 2019 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.5/17799 |
Resumo: | Widening income disparities and slow productivity growth in most advanced, and several emergingmarket, economies have rekindled interest in the empirical analysis of the determinants of inclusive growth, defined in this paper as episodes of increases in GDP per capita without a concomitant deterioration in the distribution of household disposable income. The empirical analysis is based on a chronology of inclusive growth episodes between 1980 and 2013 for a sample of 78 countries. Logit and multinomial probit estimations show that human capital accumulation, the redistributive potential of taxbenefit systems, increases in multifactor productivity and labor force participation, as well as trade openness and a range of institutional factors, including political system durability and electoral regimes, are important determinants of the probability of occurrence of inclusive growth. This empirical evidence contributes to the policy debate about how countries can deal with efficiency-equity trade-offs. |
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Cross-country evidence on the determinants of inclusive growth episodesgrowthincome distributionmultinomial probitrelogitWidening income disparities and slow productivity growth in most advanced, and several emergingmarket, economies have rekindled interest in the empirical analysis of the determinants of inclusive growth, defined in this paper as episodes of increases in GDP per capita without a concomitant deterioration in the distribution of household disposable income. The empirical analysis is based on a chronology of inclusive growth episodes between 1980 and 2013 for a sample of 78 countries. Logit and multinomial probit estimations show that human capital accumulation, the redistributive potential of taxbenefit systems, increases in multifactor productivity and labor force participation, as well as trade openness and a range of institutional factors, including political system durability and electoral regimes, are important determinants of the probability of occurrence of inclusive growth. This empirical evidence contributes to the policy debate about how countries can deal with efficiency-equity trade-offs.ISEG - REM - Research in Economics and MathematicsRepositório da Universidade de LisboaJalles, João TovarMello, Luiz de2019-05-10T13:01:00Z2019-052019-05-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/17799engJalles, João Tovar e Luiz de Mello (2019). "Cross-country evidence on the determinants of inclusive growth episodes". Instituto Superior de Economia e Gestão – REM Working paper nº 081 - 20192184-108Xinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-06T14:47:27Zoai:www.repository.utl.pt:10400.5/17799Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:02:58.139646Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Cross-country evidence on the determinants of inclusive growth episodes |
title |
Cross-country evidence on the determinants of inclusive growth episodes |
spellingShingle |
Cross-country evidence on the determinants of inclusive growth episodes Jalles, João Tovar growth income distribution multinomial probit relogit |
title_short |
Cross-country evidence on the determinants of inclusive growth episodes |
title_full |
Cross-country evidence on the determinants of inclusive growth episodes |
title_fullStr |
Cross-country evidence on the determinants of inclusive growth episodes |
title_full_unstemmed |
Cross-country evidence on the determinants of inclusive growth episodes |
title_sort |
Cross-country evidence on the determinants of inclusive growth episodes |
author |
Jalles, João Tovar |
author_facet |
Jalles, João Tovar Mello, Luiz de |
author_role |
author |
author2 |
Mello, Luiz de |
author2_role |
author |
dc.contributor.none.fl_str_mv |
Repositório da Universidade de Lisboa |
dc.contributor.author.fl_str_mv |
Jalles, João Tovar Mello, Luiz de |
dc.subject.por.fl_str_mv |
growth income distribution multinomial probit relogit |
topic |
growth income distribution multinomial probit relogit |
description |
Widening income disparities and slow productivity growth in most advanced, and several emergingmarket, economies have rekindled interest in the empirical analysis of the determinants of inclusive growth, defined in this paper as episodes of increases in GDP per capita without a concomitant deterioration in the distribution of household disposable income. The empirical analysis is based on a chronology of inclusive growth episodes between 1980 and 2013 for a sample of 78 countries. Logit and multinomial probit estimations show that human capital accumulation, the redistributive potential of taxbenefit systems, increases in multifactor productivity and labor force participation, as well as trade openness and a range of institutional factors, including political system durability and electoral regimes, are important determinants of the probability of occurrence of inclusive growth. This empirical evidence contributes to the policy debate about how countries can deal with efficiency-equity trade-offs. |
publishDate |
2019 |
dc.date.none.fl_str_mv |
2019-05-10T13:01:00Z 2019-05 2019-05-01T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.5/17799 |
url |
http://hdl.handle.net/10400.5/17799 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
Jalles, João Tovar e Luiz de Mello (2019). "Cross-country evidence on the determinants of inclusive growth episodes". Instituto Superior de Economia e Gestão – REM Working paper nº 081 - 2019 2184-108X |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
ISEG - REM - Research in Economics and Mathematics |
publisher.none.fl_str_mv |
ISEG - REM - Research in Economics and Mathematics |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
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RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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1799131119708274688 |