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  • 标题:Can Pro-growth Policies Lift all Boats?
  • 作者:Orsetta Causa ; Alain de Serres ; Nicolas Ruiz
  • 期刊名称:Economics Department Working Papers / OECD
  • 印刷版ISSN:0259-4633
  • 出版年度:2015
  • 卷号:2015
  • DOI:10.1787/5jxrh8dh5wg7-en
  • 出版社:Organisation for Economic Co-operation and Development (OECD)
  • 摘要:In a majority of OECD countries, GDP growth over the past three decades has been associated with growing income disparities. To shed some lights on the potential sources of trade-offs between growth and equity, this paper investigates the long-run impact of structural reforms on GDP per capita and household income distribution. Pro-growth reforms can be distinguished according to whether they are found to generate an increase or a reduction in household disposable income inequality. Those that contribute to reduce inequality include the reduction in regulatory barriers to competition, trade and FDI, as well as the stepping-up in job search assistance and training programmes. Conversely, a tightening of unemployment benefits for the long-term unemployed is found to lift mean household income but to lower income among poorer households, thus raising inequality. Several other reforms have no significant impact on income distribution.
  • 关键词:growth; pro-growth policies; inequality
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