search query: @author Bourguignon, F. / total: 6
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| Author: | Bourguignon, F. |
| Title: | Growth and inequality in the dual model of development: The role of demand factors |
| Journal: | Review of Economic Studies
1990 : APR, VOL. 57:2, p. 215-228 |
| Index terms: | ECONOMIC GROWTH INCOMES INEQUALITY EQUILIBRIUM ANALYSIS |
| Language: | eng |
| Abstract: | Growth and income distribution are related in the development of a dual economy. Its originality lies in the fact that the analysis of income inequality uses the whole Lorenz curve instead of some summary measures, and that the dual economy is represented through a fully specified general equilibrium model. Conditions for particular shifts in the Lorenz curve are derived. The income and price elasticities of demand faced by the traditional sector of the economy are mostly involved, and suggested that an unambiguous drop in income inequality is somewhat unlikely at the dual stage of development. |
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