Growth and Distribution: Evidence from a Variable-Parameter Cross-National Time-Series Analysis
This article investigates the impact of industrialization, economic growth, and the unemployment rate on property-income shares in a sample of 21 nations in four different geopolitical regions over a period of 24 years. This focus on the property-income share is motivated by our interest in studying...
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| Veröffentlicht in: | Social forces 1999-12, Vol.78 (2), p.415-432 |
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| creator | Raffalovich, Lawrence E. |
| description | This article investigates the impact of industrialization, economic growth, and the unemployment rate on property-income shares in a sample of 21 nations in four different geopolitical regions over a period of 24 years. This focus on the property-income share is motivated by our interest in studying the power of propertied elites in market societies. Following prior theory and research, we expect the property share to decline with industrialization but to increase with economic growth and the unemployment rate. To test these expectations, we estimate a variable-parameter time-series regression model on pooled annual data. Findings are consistent with prior expectations, but we also find between-country differences in the effects of growth. We urge further research to specify the institutional mechanisms responsible for observed similarities and differences. |
| doi_str_mv | 10.1093/sf/78.2.415 |
| format | Article |
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This focus on the property-income share is motivated by our interest in studying the power of propertied elites in market societies. Following prior theory and research, we expect the property share to decline with industrialization but to increase with economic growth and the unemployment rate. To test these expectations, we estimate a variable-parameter time-series regression model on pooled annual data. Findings are consistent with prior expectations, but we also find between-country differences in the effects of growth. We urge further research to specify the institutional mechanisms responsible for observed similarities and differences.</description><identifier>ISSN: 0037-7732</identifier><identifier>EISSN: 1534-7605</identifier><identifier>DOI: 10.1093/sf/78.2.415</identifier><identifier>CODEN: SOFOAP</identifier><language>eng</language><publisher>Oxford: The University of North Carolina Press</publisher><subject>Analysis ; Countries ; Crosscultural Analysis ; Crosscultural Differences ; Crossnational studies ; Economic Development ; Economic Elites ; Economic Growth ; Economic Progress ; Evidence ; Factors ; Family Income ; Geopolitics ; Gross domestic product ; Human Capital ; Income ; Income Distribution ; Income inequality ; Income shares ; Industrial development ; Industrial property ; Industrialization ; International aspects ; Investment ; Labor Supply ; Market Economy ; Mathematical independent variables ; Nielsen, Francois ; Parametric models ; Political Power ; Productivity ; Property ; Relationship ; Research Projects ; Sherman, Howard ; Social change ; Social Power ; Time series ; Unemployment ; Wages</subject><ispartof>Social forces, 1999-12, Vol.78 (2), p.415-432</ispartof><rights>Copyright 1999 The University of North Carolina Press</rights><rights>Copyright © 1999 The University of North Carolina Press 1999</rights><rights>COPYRIGHT 1999 Oxford University Press</rights><rights>COPYRIGHT 1999 Oxford University Press</rights><rights>Copyright University of North Carolina Press Dec 1999</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c5699-c34d9665930ccef64527e7f414544e54e030a687f997d55da1953a0c941575263</citedby></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://www.jstor.org/stable/pdf/3005562$$EPDF$$P50$$Gjstor$$H</linktopdf><linktohtml>$$Uhttps://www.jstor.org/stable/3005562$$EHTML$$P50$$Gjstor$$H</linktohtml><link.rule.ids>314,776,780,799,1578,12824,27321,27901,27902,30977,33751,33752,57992,58225</link.rule.ids></links><search><creatorcontrib>Raffalovich, Lawrence E.</creatorcontrib><title>Growth and Distribution: Evidence from a Variable-Parameter Cross-National Time-Series Analysis</title><title>Social forces</title><addtitle>Social Forces</addtitle><addtitle>Social Forces</addtitle><description>This article investigates the impact of industrialization, economic growth, and the unemployment rate on property-income shares in a sample of 21 nations in four different geopolitical regions over a period of 24 years. This focus on the property-income share is motivated by our interest in studying the power of propertied elites in market societies. Following prior theory and research, we expect the property share to decline with industrialization but to increase with economic growth and the unemployment rate. To test these expectations, we estimate a variable-parameter time-series regression model on pooled annual data. Findings are consistent with prior expectations, but we also find between-country differences in the effects of growth. We urge further research to specify the institutional mechanisms responsible for observed similarities and differences.</description><subject>Analysis</subject><subject>Countries</subject><subject>Crosscultural Analysis</subject><subject>Crosscultural Differences</subject><subject>Crossnational studies</subject><subject>Economic Development</subject><subject>Economic Elites</subject><subject>Economic Growth</subject><subject>Economic Progress</subject><subject>Evidence</subject><subject>Factors</subject><subject>Family Income</subject><subject>Geopolitics</subject><subject>Gross domestic product</subject><subject>Human Capital</subject><subject>Income</subject><subject>Income Distribution</subject><subject>Income inequality</subject><subject>Income shares</subject><subject>Industrial development</subject><subject>Industrial property</subject><subject>Industrialization</subject><subject>International aspects</subject><subject>Investment</subject><subject>Labor Supply</subject><subject>Market Economy</subject><subject>Mathematical independent variables</subject><subject>Nielsen, Francois</subject><subject>Parametric models</subject><subject>Political Power</subject><subject>Productivity</subject><subject>Property</subject><subject>Relationship</subject><subject>Research Projects</subject><subject>Sherman, Howard</subject><subject>Social change</subject><subject>Social Power</subject><subject>Time 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This focus on the property-income share is motivated by our interest in studying the power of propertied elites in market societies. Following prior theory and research, we expect the property share to decline with industrialization but to increase with economic growth and the unemployment rate. To test these expectations, we estimate a variable-parameter time-series regression model on pooled annual data. Findings are consistent with prior expectations, but we also find between-country differences in the effects of growth. We urge further research to specify the institutional mechanisms responsible for observed similarities and differences.</abstract><cop>Oxford</cop><pub>The University of North Carolina Press</pub><doi>10.1093/sf/78.2.415</doi><tpages>18</tpages></addata></record> |
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| ispartof | Social forces, 1999-12, Vol.78 (2), p.415-432 |
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| source | Applied Social Sciences Index & Abstracts (ASSIA); Jstor Complete Legacy; Oxford University Press Journals All Titles (1996-Current); Education Source; Worldwide Political Science Abstracts; HeinOnline Law Journal Library; Sociological Abstracts; EBSCOhost Business Source Complete |
| subjects | Analysis Countries Crosscultural Analysis Crosscultural Differences Crossnational studies Economic Development Economic Elites Economic Growth Economic Progress Evidence Factors Family Income Geopolitics Gross domestic product Human Capital Income Income Distribution Income inequality Income shares Industrial development Industrial property Industrialization International aspects Investment Labor Supply Market Economy Mathematical independent variables Nielsen, Francois Parametric models Political Power Productivity Property Relationship Research Projects Sherman, Howard Social change Social Power Time series Unemployment Wages |
| title | Growth and Distribution: Evidence from a Variable-Parameter Cross-National Time-Series Analysis |
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