Distributive Politics and Economic Growth

S-Tier
Journal: Quarterly Journal of Economics
Year: 1994
Volume: 109
Issue: 2
Pages: 465-490

Score contribution per author:

4.022 = (α=2.01 / 2 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We study the relationship between politics and economic growth in a simple model of endogenous growth with distributive conflict among agents endowed with varying capital/labor shares. We establish several results regarding the factor ownership of the median individual and the level of taxation, redistribution, and growth. Policies that maximize growth are optimal only for a government that cares solely about pure "capitalists." The greater the inequality of wealth and income, the higher the rate of taxation, and the lower growth. We present empirical results that show that inequality in land and income ownership is negatively correlated with subsequent economic growth.

Technical Details

RePEc Handle
repec:oup:qjecon:v:109:y:1994:i:2:p:465-490.
Journal Field
General
Author Count
2
Added to Database
2026-01-24