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Age structure, income distribution and economic growth

Gomez, Rafael and Foot, David K. (2003) Age structure, income distribution and economic growth. Canadian Public Policy, 29 (Supple). S141-S161. ISSN 0317-0861

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A recent body of empirical cross-country research has confirmed that income inequality is negatively related to economic growth. This paper provides an explanatory channel for this observed relationship. The novelty of our approach consists in the use of demographic channels to account for cross-country differentials in economic growth and income distribution. We present four models that have emerged as the most plausible transmission mechanisms linking inequality to slower growth. In each instance we demonstrate how a consideration of demographic age structure can complement the four mainstream accounts.

Item Type: Article
Official URL:
Additional Information: © 2003 Canadian Public Policy, University of Toronto Press
Divisions: Management
Subjects: H Social Sciences > HB Economic Theory
Date Deposited: 06 Oct 2008 12:17
Last Modified: 03 Jan 2024 23:09

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