Economy, asked by ayeshaniazi26256, 8 months ago

what is growth versus distribution in economics ?​

Answers

Answered by vijayabaskardevika
1

The growth of the poor's income can be broken down into a growth effect and a distribution effect. In 143 growth episodes, it is found that the growth effect dominates. However, in over a quarter of cases changes in distribution played a stronger role than overall growth in increasing income for the poor.

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