Beyond balanced growth / prepared by Piyabha Kongsamut, Sergio Rebelo and Danyang Xie.
Tipo de material:
TextoSeries IMF working paper ; no. WP/01/85Detalles de publicación: Washington, D.C. : International Monetary Fund, 2001Descripción: 20 pTema(s): Clasificación CDD: - 21 338.9001
| Tipo de ítem | Biblioteca actual | Signatura topográfica | Estado | Fecha de vencimiento | Código de barras | |
|---|---|---|---|---|---|---|
Documento
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Biblioteca Manuel Belgrano | F 338.9001 K 20780 (Navegar estantería(Abre debajo)) | Disponible | 20780 F |
Bibliografía: p. 19-20.
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 manufactoring 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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