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Cited by 377

The DOI matches its Crossref record; 11 of the 11 references it cites were found in a registry or an index.

Factor Shares and Savings in Endogenous Growth

Open access
Bertola, Giuseppe·1991·National Bureau of Economic Research
DOI 10.3386/w3851
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Abstract

In models of steady investment-driven growth, an individual's propensity to save depends on how much of his income is drawn from accumulated factors of production ('capital') rather than from nonaccumulated factors. When agents are heterogeneous in this respect, growth-oriented policies have distributional consequences and, in the absence of lump-sum redistribution, their implementation faces political constraints. If the median voter is capital-poor relative to the economy's representative agent, political interactions tend to slow down growth when policy acts on capital's income share and tend to accelerate it when investment subsidies are the policy instrument of choice. Copyright 1993 by American Economic Association.

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Metadata

Authors
Bertola, G.
Venue
National Bureau of Economic Research
Publisher
National Bureau of Economic Research
Published
1991-09
DOI
10.3386/w3851
OpenAlex
W1540115509
Cited by
377
References
11
Type
report
Language
en
Open access
green

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CoChat. (2026). Citation check: Factor Shares and Savings in Endogenous Growth. https://app.cochat.ai/papers/10.3386/w3851
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Bertola, G. (1991). Factor Shares and Savings in Endogenous Growth. National Bureau of Economic Research. https://doi.org/10.3386/w3851

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