Explaining Economic Growth with Imperfect Credit Markets /

The purpose of this paper is to explain the humped-shaped behavior of the growth rate. Within a dynamic general equilibrium framework, it is found that, in the early stages of development, the source of growth is the reallocation of resources from sectors low-productivity sectors to high-productivit...

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Xehetasun bibliografikoak
Egile nagusia: Carranza, Luis
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2000.
Saila:IMF Working Papers; Working Paper ; No. 2000/193
Sarrera elektronikoa:Full text available on IMF