Public capital and distributional dynamics in a two-sector growth model
(2010)
Journal Article
Getachew, Y. (2010). Public capital and distributional dynamics in a two-sector growth model. Journal of Macroeconomics, 32(2), 606-616. https://doi.org/10.1016/j.jmacro.2009.12.009
This paper mainly develops a joint theory of public capital, inequality, and growth, in a two-sector growth model that yields complete analytical solutions. Public capital plays an important role in long-run growth through enhancing productivity and... Read More about Public capital and distributional dynamics in a two-sector growth model.