Growth, Development, and Technological Change The theory of endogenous technical change has deeply contributed to our understanding of the fundamental sources of economic growth and development. In this chapter we survey important contributions in the field by focussing on the basic structure of endogenous growth models with horizontal as well as vertical innovation and emphasizing important im...

B Abstract. Complex pursuit-evasion games with state variable inequality constraints are investigated. Necessary conditions of the rst and the second order for optimal trajectories are developed, which enable the calculation of optimal open-loop strategies. The necessary conditions on singular surfaces induced by state constraints and nonsmooth data are discussed in detail. These conditions lea...

In this paper fully fuzzy linear programming (FFLP) problem with both equality and inequality constraints is considered where all the parameters and decision variables are represented by non-negative trapezoidal fuzzy numbers. According to the current approach, the FFLP problem with equality constraints first is converted into a multi–objective linear programming (MOLP) problem with crisp const...

This paper examines the impact of globalization on income inequality in a panel of 78 developed and developing countries over 2002–2015. Moreover, the indirect effect of financial development in the link between globalization and income inequality is also analyzed by incorporating the interaction term between globalization and financial development. The empirical evidence based on the first-dif...

This paper reviews the principal source of India’s wealth distribution statistics, which is constituted by the five decennial Reserve Bank of India National Sample Survey Organization Surveys on Debt and Investment of 1961-62, 1971-72, 1981-82, 1991-92, and 2002-03. The data available are described, critically appraised, and analyzed to present some salient findings in terms of the levels of de...

This paper constructs a simple theoretical political economy model to analyze the dynamic interactions between redistribution, public good provision and cultural integration of minority groups. Cultural differentiation erodes the support for general public good provision and vertical redistribution, reducing in turn the attractiveness of adoption of the mainstream culture by the minority groups...

Objective: The aim of the study was to report the association of socio-economic factors with child’s height. Design: Cross-sectional study based on a representative national sample of government schools. Setting: Trinidad and Tobago in 1999. Subjects: A total of 2608 boys and girls mean age 5.8 y, range 4.38 – 6.99 y and 3080 mean age 8.6 y, range 7.00 – 10.44 y olds. Outcome: Measurement of he...

How does CEO political ideology influence the pay disparity between a and typical firm employees? Drawing on upper echelons theory, we postulate that politically liberal CEOs are more inclined to address within-firm vertical versus conservative or neutral CEOs, because liberals attend closely potential inequality issues open social changes. We furthermore contend effect of varies across certain...

In this short note, we present a refinement of the logarithmic-geometric mean inequality. As an application of our result, we obtain an operator inequality associated with geometric and logarithmic means.

In this paper, we obtain Jensen’s inequality for GG-convex functions. Also, we get in- equalities alike to Hermite-Hadamard inequality for GG-convex functions. Some examples are given.