June 1, 2017 Thesis Open Access

Atnafu Gebremeskel

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{
  "description": "<p>This doctoral dissertation consists of three inter-related studies which constitute<br>\nits main text, with introductory and summary chapters. The three main studies<br>\nshare a common feature in that they investigate the link between access to bank<br>\nloans, income distribution and productivity growth. The second chapter is a<br>\ntheoretical framework that uses agent-based computational economics (ACE) to<br>\ndetect the link between access to bank loans and functional income distribution.<br>\nThe third chapter uses Ethiopian firm-level and national income data to validate<br>\nthe second chapter. The fourth chapter investigates the effect of functional<br>\nincome distribution on productivity growth from an evolutionary economic<br>\nperspective.<br>\nThe second chapter (first study) focuses on Dosi et al.&rsquo;s (2013) agent-based<br>\nmodel which assumes that a well-functioning banking system exists and that<br>\nindustries are composed of both capital and non-capital goods&rsquo; producing<br>\nsectors. As such, monetary policy has a minimal role in impacting functional<br>\nincome distribution leading to an active use of macroeconomic policy. Chapter 2<br>\nmodifies this model to capture the realities of developing countries where the<br>\nbanking system&rsquo;s supply of services is smaller than what is considered optimal.<br>\nThe system is heavily influenced by inside agents and industries are dominated<br>\nby non-capital goods&rsquo; producing firms.</p>", 
  "license": "http://www.opendefinition.org/licenses/cc-by", 
  "creator": [
    {
      "@type": "Person", 
      "name": "Atnafu Gebremeskel"
    }
  ], 
  "headline": "ACCESS TO BANK LOANS, INCOME DISTRIBUTION AND ECONOMIC GROWTH IN AGENT BASED MODELING: EVIDENCE FROM EVOLUTIONARY PERSPECTIVE", 
  "image": "https://zenodo.org/static/img/logos/zenodo-gradient-round.svg", 
  "datePublished": "2017-06-01", 
  "url": "https://nadre.ethernet.edu.et/record/4004", 
  "@context": "https://schema.org/", 
  "identifier": "https://doi.org/10.20372/nadre:4004", 
  "@id": "https://doi.org/10.20372/nadre:4004", 
  "@type": "ScholarlyArticle", 
  "name": "ACCESS TO BANK LOANS, INCOME DISTRIBUTION AND ECONOMIC GROWTH IN AGENT BASED MODELING: EVIDENCE FROM EVOLUTIONARY PERSPECTIVE"
}