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Population Growth, Income Distribution, and Economic Development - Theory, Methodology, and Empirical Results (Paperback, Softcover reprint of the original 1st ed. 1994)
Loot Price: R3,014
Discovery Miles 30 140
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Population Growth, Income Distribution, and Economic Development - Theory, Methodology, and Empirical Results (Paperback, Softcover reprint of the original 1st ed. 1994)
Series: Population Economics
Expected to ship within 10 - 15 working days
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In this book, a model of long-term interrelationships between
income distribution, population growth and economic development is
developed and estimated from data for 54 countries. The results
indicate that a reduction of income inequality leads to lower
fertility and mortality, to improvedbasic needs satisfaction, and
to lower labour force participation of young and old males and of
females in Asia and Africa. The effect of income distribution on
saving and consumption is found to be negligible. These outcomes
suggest that family planning and health policies in LDCs will show
better results when they are supplemented with policies aimed at
makingthe poor benefit from economic growth. As regards development
policy, the results indicate that a reduction of income inequality
does not impair the formation of physical capital, but enhances the
formation of human capital and lowers the growth rate of the labour
force.
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