Development in a Dual Economy
A dual economy is the existence of two separate economic sectors within one country, divided by different levels of development, technology, and different ...
Dual Economy - an overview | ScienceDirect Topics
The dualism of the economy enables the modern sector to grow by drawing labor from the traditional sector without having to raise its wage level. The relocation ...
The dual economy in long-run development - PMC - PubMed Central
This paper provides a model of the dual economy in which the productivity differences arise endogenously because of a non-separability between the value of ...
Development in a Dual Economy: The Importance of Resource-Use ...
We have shown that the introduction of harvest quotas for common pool resources in developing economies does not only increase efficiency and incomes of the ...
The Development of a Dual Economy - jstor
1-52. 5 R. M. Solow, " A Contribution to the Theory of Economic Growth," Quarterly Journal of. Economics, Vol. 70, 1956, ...
Dual Economy Theory - (Economic Development) - Fiveable
Dual economy theory refers to the existence of two distinct sectors within an economy: a modern, industrialized sector that is highly productive and a ...
The Dual Economy: Causes and Impacts
Changing demographics. Low unemployment. Strong auto industry. Drop in per capita income. Taken together it is becoming clear that a dual economy has been ...
The Growth of a Dual Economy | Institute for New Economic Thinking
More videos on YouTube ... “Dual Economy” models were developed to explain growth in the developing world. Now they appear necessary to comprehend the high income ...
Arthur Lewis wrote an influential paper on the 'dual economy' in 1954. He observed that in many developing economies (usually a former colonial ...
role in developing countries ... …country, it aggravates the financial dualism characterized by low rates of interest in the modern sector and high rates in the ...
Arthur Lewis introduced this idea in his paper, 'Economic Development with Unlimited Supplies of Labour' (Lewis 1954), which earned him the Nobel Prize for ...
Information, the Dual Economy, and Development
The Review of Economic Studies, Ltd. Information, the Dual Economy, and Development. Author(s): Abhijit V. Banerjee and Andrew F. Newman. Reviewed work(s):.
Development of a Dual Economy with or without Turning Point
In this article the expressions “development of a dual economy” and “growth of an LDC” are used interchangeably, implying that an LDC is appropriately described ...
Dual economy - (Economic Development) - Fiveable
A dual economy refers to the coexistence of two distinct sectors within an economy, typically characterized by a traditional agricultural sector and a ...
How important are dual economy effects for aggregate productivity?
This paper brings the dual economy model into the development accounting framework and quantifies the effect that factor market inefficiency has on income ...
Growth in a dual economy - ScienceDirect.com
Abstract. Growth and structural transformation of the manufacturing sector in developing countries are sometimes considered to be the result of the expansion of ...
The dual economy in long-run development - SpringerLink
Abstract. A salient feature of developing economies is the coexistence of a modern commercial sector alongside a traditional subsistence sector— ...
15 The Dual Economy - Oxford Academic
Begins with a dual economy model focusing on the relation between labour transfer from agriculture to industry and the resultant pressure on food prices and on ...
A Review of the Concept of the "Dual Economy"
Dasgupta, "Underemploy- ment and Dualism-A Note," Economic Development and Cultural Change, XII-2 (January. 1964), 174-185; M. Nash, "Southeast Asian Society: ...
Growth in a Dual Economy | NBER
Growth in a Dual Economy ... Growth and structural transformation of the manufacturing sector in developing countries are generally considered to ...