IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-981-95-8918-0_2.html

Growth and Structure with Income and Wealth Distribution

In: A Dynamic Economic Theory of Heterogenous Households

Author

Listed:
  • Wei-Bin Zhang

    (Ritsumeikan Asia Pacific University, College of International Management)

Abstract

This Chapter builds an economic growth model with economic structure and heterogeneous households. The model determines land distribution and value. The model is based on three core theories in economics—Walrasian general equilibrium theory, Ricardian theory of distribution, and neoclassical growth theory. This chapter synthesizes the three theories into a single compact analytical framework. The chapter defines and studies the dynamics and the properties of the economic system. Then it shows how changes such as a rise in group 1’s propensity to save, a rise in group 1’s human capital, a rise in group 3’s propensity to consume agricultural goods, a rise in group 3’s population on the system, an increase in group 1’s population impact the dynamics of economic structure and income and wealth distribution between heterogeneous households.

Suggested Citation

  • Wei-Bin Zhang, 2026. "Growth and Structure with Income and Wealth Distribution," Springer Books, in: A Dynamic Economic Theory of Heterogenous Households, chapter 2, pages 11-30, Springer.
    • Handle: RePEc:spr:sprchp:978-981-95-8918-0_2
    DOI: 10.1007/978-981-95-8918-0_2
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-981-95-8918-0_2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.