Income Distribution, Political Instability, and Investment

  title={Income Distribution, Political Instability, and Investment},
  author={Alberto F. Alesina and Roberto Perotti},
  journal={Political Economy - Development: Political Institutions eJournal},

Early Development, Income Inequality and Political Instability

Motivated by the observation that politically unstable countries tend to have wide income gaps, this paper explores the possibility that major source of political instability is income inequality,

Income inequality, economic growth, and political instability

There is much disagreement about the effect that income distribution has on economic growth. This study uses high-quality household-expenditure-based data to estimate this effect for a sample of

Income , social , and political inequality

This paper empirically investigates the dependence of income inequality on social and political inequality and its relationship to GDP per capita. The analysis uses a cross-country panel data set for

Income inequality, economic growth, and political instability in sub-Saharan Africa

  • P. Nel
  • Economics
    The Journal of Modern African Studies
  • 2003
There is much disagreement about the effect that income distribution has on economic growth. This study uses high-quality household-expenditure-based data to estimate this effect for a sample of

Political instability, policy uncertainty, and economic growth: An empirical investigation

This paper elaborates upon the effect of political stability on economic growth using a novel approach. Unlike the literature on growth that emphasizes the turnover of decision makers, this paper

Income inequality and economic growth: A re‐examination of theory and evidence

We re-examine the theoretical and empirical relationship between income inequality and economic growth in an endogenous growth model with a at tax on income, distributive conflicts among agents and

Theory and Evidence on the Political Economy of Growth

Some recent developments in the literature on the political economy of economic growth are considered in this paper. First, limitations of traditional cross-sectional analysis are discussed.

Essays on the determinants of private investment : the effects of relative price uncertainty and political instability


The Effect of Political Stability and Governance on Economic Development

This paper studies the effect of political stability and governance on economic development by consulting the literature, examining the data, and through empirical estimations. Additionally, further



Political instability and economic growth

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Political Instability, Political Weakness and Inflation: An Empirical Analysis

In this paper we analyze empirically the most important implications of two family political economy models of inflation: the "myopic? government approach and the "weak" government approach. In

External Debt and Political Instability

This paper studies theoretically and empirically the role of domestic political incentives in the accumulation of large external debts by developing countries during 1972-81. The theoretical model

Income Distribution and Sociopolitical Instability as Determinants of Savings: A Cross-Sectional Model

The purpose of this cross-national study is twofold. First, it introduces income distribution and sociopolitical instability as arguments in the savings function. Second, it presents some empirical

Is Inequality Harmful for Growth? Theory and Evidence

Is inequality harmful for growth? We suggest that it is. To summarize our main argument: in a society where distributional conflict is more important, political decisions are more likely to produce

Income Distribution and Macroeconomics

This paper analyzes the role of income distribution in macroeconomic analysis. The study demonstrates that the long-run equilibrium depends on the initial distribution of income. In accordance with

Seigniorage and Political Instability

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Sociopolitical and Economic Dimensions of Development: A Cross-Section Model

1 of the most important requisites of development is to cultivate those conditions which are appropriate for the generation of a surplus the distribution of which in turn usually generates friction

Tests of a rational theory of the size of government

ConclusionIn many countries, the political party holding power changes more frequently than the trend growth rates in government spending and taxes. Shifts of political power are often preceded by