Skip to main content

Research Repository

Advanced Search

Growth and income distributions in four EU economies

Bhattarai, Keshab

Authors



Abstract

Dynamic multi-sectoral and multi-household general equilibrium models are constructed to show how the economies of Germany, France, Spain and the United Kingdom will evolve from 2006 to 2090. These models generate dynamic paths of investment and capital accumulations, demand and supply across production sectors, consumption and welfare of households, relative prices of goods and services, revenue and expenditure of governments, exports, imports, and trade balance consistent with the dynamic general equilibrium in these economies. The models show that inequalities in income distribution among households will not decrease but widen if the current mix of direct and indirect taxes continues in all four countries. Growing inequalities in these economies justify further investments in education and skills.

Citation

Bhattarai, K. (2016). Growth and income distributions in four EU economies. International Advances in Economic Research, 22(3), 263-277. https://doi.org/10.1007/s11294-016-9594-8

Online Publication Date Jun 27, 2016
Publication Date 2016-08
Deposit Date Jun 29, 2016
Publicly Available Date Mar 28, 2024
Journal International advances in economic research
Print ISSN 1083-0898
Electronic ISSN 1573-966X
Publisher Springer Verlag
Peer Reviewed Peer Reviewed
Volume 22
Issue 3
Pages 263-277
DOI https://doi.org/10.1007/s11294-016-9594-8
Keywords Growth, Redistribution, European Union, General equilibrium
Public URL https://hull-repository.worktribe.com/output/440530
Publisher URL http://link.springer.com/article/10.1007/s11294-016-9594-8
Additional Information Copy of article published in: International advances in economic research, 2016, v.22, issue 3. The final publication is available at Springer via http://dx.doi.org/10.1007/s11294-016-9594-8

Files





You might also like



Downloadable Citations