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Social and Political Factors in a Model of Endogenous Economic Growth and Distribution: An Application to the Philippines

Author

Listed:
  • Delano Villanueva

Abstract

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 major objective is to explain developments in the distribution of national income and wealth and in the growth rate of per capita capacity output. When calibrated, the proposed model is found to be consistent with the broad contours of Philippine macroeconomic history.

Suggested Citation

  • Delano Villanueva, 1996. "Social and Political Factors in a Model of Endogenous Economic Growth and Distribution: An Application to the Philippines," IMF Working Papers 1996/139, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:1996/139
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    Cited by:

    1. is not listed on IDEAS
    2. Benito Teehankee, 2018. "Critical Realist Action Research and Humanistic Management Education," Humanistic Management Journal, Springer, vol. 3(1), pages 71-90, July.

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    JEL classification:

    • E - Macroeconomics and Monetary Economics
    • O - Economic Development, Innovation, Technological Change, and Growth

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