Social and Political Factors in a Model of Endogenous Economic Growth and Distribution : An Application to the Philippines »
Series: IMF Working Papers
Author(s): Delano Villanueva
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 1996
Keywords: growth rate, wage, wages, economic growth, growth model
This paper proposes a model of endogenous economic growth and distribution explicitly incorporating social extraction and political competition, with an application to the Philippine historical experience. The majo...