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has been cited by the following article:
TITLE: Structural Change and Inequality
AUTHORS: Camilo Andrés Mesa Salamanca, Hernando Zuleta Gonzalez
KEYWORDS: Structural Change, Income Distribution, Economic Growth
JOURNAL NAME: Theoretical Economics Letters, Vol.11 No.3, May 10, 2021
ABSTRACT: We build a theoretical model of demand-driven structural change where individuals have different endowments of productive factors. These differences in endowments generate income inequality. The main result is that for economies with a low factor endowment (poor economies), an increase in inequality can accelerate structural change.