Income Distribution and Economic Growth
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Fields, Gary S.
[Excerpt] Who benefits how much from economic growth and why? This question is fundamental to today’s development economics. This chapter reviews some of the major lessons learned and major directions for future research in the study of income distribution and economic development.
economic growth; development; income distribution
Required Publisher Statement: © Wiley. Final version published as: Fields, G. S. (1988). Income distribution and economic growth. In G. Ranis & T. P. Schultz (Eds.), The state of development economics: Progress and perspectives (pp. 459-481). New York, NY: Basil Blackwell Publishing. Reprinted with permission. All rights reserved.