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01633cas a2200265 a 4500 |
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|c 5.00 USD
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|z 9781451850758
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Rebelo, Sergio.
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|a Beyond Balanced Growth /
|c Sergio Rebelo, Piyabha Kongsamut, Danyang Xie.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2001.
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|a 1 online resource (21 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a Balanced growth models are commonly used in macroeconomics because they are consistent with the well-known Kaldor facts regarding economic growth. These models, however, are inconsistent with one of the most striking regularities of the growth process-the massive reallocation of labor from agriculture into manufacturing and services. This paper presents a simple model consistent with both the Kaldor facts and the dynamics of sectoral labor reallocation. The model shows that balanced growth can be consistent with structural change.
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| 538 |
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|a Mode of access: Internet
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|a Kongsamut, Piyabha.
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|a Xie, Danyang.
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|a IMF Working Papers; Working Paper ;
|v No. 2001/085
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2001/085/001.2001.issue-085-en.xml
|z IMF e-Library
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